A look at the day ahead in U.S. and global markets from Mike Dolan
Friday brings some hope that White House and congressional leaders can ink a deal on lifting the U.S. debt ceiling they indicated overnight was now close - just before the Treasury Department runs out of cash from June 1 next week.
It's unclear precisely how much time Congress has left to act. Even though the Treasury Department insists June 1 is the deadline, it said on Thursday it would sell $119 billion worth of debt that will come due on that date - suggesting to some market watchers that it was not an iron-clad deadline.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning Bid: Counting down the $70 billion to a debt dealA look at the day ahead in European and global markets from Vidya Ranganathan
Read more »
All 213 Democrats sign discharge petition in bid to bypass GOP on debt limitEvery member of the House Democratic caucus has signed on to a discharge petition in an effort to force a vote on a debt limit increase without spending cuts or House Speaker Kevin McCarthy's (R-CA) backing, party leaders announced on Wednesday.
Read more »
Morning Bid: Happy Friday, it's AI boom timeA look at the day ahead in Asian markets from Jamie McGeever.
Read more »
White House, Republicans push ahead in US debt ceiling talks By Reuters*REPUBLICAN HOUSE SPEAKER MCCARTHY SAYS STILL FAR APART ON DEBT TALKS *MCCARTHY: HAVE TOLD BIDEN WE WON'T RAISE TAXES 🇺🇸🇺🇸
Read more »
GBP/USD stays pressured towards 1.2300 ahead of UK Retail Sales, Fed’s favorite inflationGBP/USD stays pressured towards 1.2300 ahead of UK Retail Sales, Fed’s favorite inflation – by anilpanchal7 GBPUSD BOE Fed Inflation RiskAversion
Read more »
Futures dip as debt ceiling impasse keeps investors on edge By ReutersFutures dip as debt ceiling impasse keeps investors on edge
Read more »