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NIIGATA, Japan-Treasury Secretary Janet Yellen said it was "legally questionable" whether the Biden administration could rely on the 14th Amendment to effectively ignore the debt limit, pouring cold water on a method favored by some Democrats to avoid ... | 05:51am
The 14th Amendment to the U.S. Constitution states that American debt authorized by law "shall not be questioned." President Biden said this week he was considering invoking the amendment as a way to keep paying the nation's bills if Congress doesn't r... | 06:15am
Summer Break From Fed Rate Rises Comes Into View; Risk of Getting Used to High Inflation; BOE Raises Interest Rates by Quarter Point By James Christie Good day. While Federal Reserve policy makers think they have a reasonable understanding of how i... | 07:23am
Food Prices Running Hot, Posing Challenge for Central Banks; U.S. Labor Market Cools, Hiring Eases; World Bank Faces Tough Question By James Christie Good day. Food prices are on the march. One reason for this could be because businesses in the foo... | 07:19am
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