Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
26 Apr, 2026, 11.01 AM IST
Donald Trump comes down heavily on former Speaker Kevin McCarthy for raising the debt ceiling; what will happen this time as deadline looms, will Johnson survive?President-elect Donald Trump has reignited debates within the GOP by criticizing former House Speaker Kevin McCarthy for agreeing to raise ...
30 Dec, 2024, 06.57 PM IST
US could hit debt limit in January 2025? Janet Yellen warns of $36.1 trillion risk as crisis loomsIs United States of America headed for a default in 2025? Treasury Secretary Janet Yellen has said she expects the US will officially run u...
30 Dec, 2024, 06.40 PM IST
Donald Trump attacks Joe Biden's 2023 debt ceiling deal, calls it 'dumbest' political move in yearsUS President-elect Donald Trump has criticised the 2023 debt ceiling extension, agreed by President Joe Biden and then-House Speaker Kevin ...
30 Dec, 2024, 06.30 AM IST
Janet Yellen urges immediate Congress intervention on debt ceiling; Speaker Mike Johnson in a precarious situation to get deal done or else he may lose his jobIf the debt ceiling is not raised, the government would technically default on its obligations, potentially leading to economic instability.
29 Dec, 2024, 11.48 AM IST
Will Donald Trump be able to carry out his largest deportation programme in U.S history? Rebel Republicans have some other ideasUS President- elect Donald Trump have already cleared things out regarding his plans to deport a huge amount of illegal immigrants on his v...
23 Dec, 2024, 08.46 PM IST
US Congress lines up stopgap bill to avert partial government shutdownCongress has unveiled a stopgap funding measure to avert a government shutdown, extending funding until March 14th. The bill includes disas...
18 Dec, 2024, 07.37 AM IST
Oil prices dip 1% as strong US economic data boosts dollarOil prices eased on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling. The main crude benchm...
18 May, 2023, 09.44 PM IST
Oil prices ease after U.S. oil stock buildOil prices edged lower on Thursday as concerns over plentiful supply eased and investors watched developments around U.S. debt ceiling nego...
18 May, 2023, 07.51 AM IST
Joe Biden says not yet ready to invoke 14th Amendment to avoid debt defaultThe divided U.S. Congress is running out of time to raise the federal government's $31.4 trillion debt ceiling, with the Treasury Departmen...
06 May, 2023, 09.29 AM IST
US debt ceiling limit, deadline: All you need to knowUS debt ceiling limit and deadline have become topics of discussion around the world given the likely impact on the US dollar.
22 Jan, 2023, 01.04 PM IST
Market’s tantrum is here, but Fed’s taper is not the causeTo the bemusement of several market watchers, when the US Federal Open Market Committee finally alluded to moderating its asset purchases a...
29 Sep, 2021, 11.39 AM IST
Treasury traders brace for volatility with debt-limit chaos nearIn a protracted 2013 debt-limit episode, Fitch Ratings put the U.S. rating on negative watch given the government’s failure then to raise i...
04 Jul, 2021, 09.52 AM IST
Buffett joins scorn of modern monetary theory and ‘danger zones’Powell has said the concept of MMT is “just wrong.”
16 Mar, 2019, 10.15 AM IST
'US failure to raise debt ceiling will be disastrous'The debt ceiling, the upper limit of debt the US federal government is legally allowed to accumulate, was technically hit in March.
01 Sep, 2017, 09.57 AM IST
Barack Obama, Republicans in 'useful' talks but shutdown still onBoth sides described the 90-minute meeting at the White House as useful and agreed to keep talking but no decision was made to resolve the ...
11 Oct, 2013, 06.38 PM IST
- International Monetary Fund calls for hike in US debt ceiling
Providing ammunition to President Barack Obama in his battle with congressional Republicans, IMF has urged US to quickly raise its federal ...
30 Jun, 2011, 01.57 PM IST