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Mortgage rates could spike if the U.S. defaults
Finance
The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist
By Lance LambertMay 14, 2023
‘It’s essentially a game of chicken.’ The debt limit standoff has no real winners and potentially one big loser: The U.S. economy
Politics
‘It’s essentially a game of chicken.’ The debt limit standoff has no real winners and potentially one big loser: The U.S. economy
By Tristan BoveMay 13, 2023
Janet Yellen
Politics
Janet Yellen warns Congress that if they fail to act on debt ceiling, ‘we have to default’ on something
By Christopher Condon, Annmarie Hordern and BloombergMay 12, 2023
Joe Biden
Politics
A brief history of debt ceiling crises as the country struggles to raise the limit for the 79th time since 1917
By Raymond Scheppach and The ConversationMay 12, 2023
JPMorgan CEO Jamie Dimon
Finance
Jamie Dimon reveals JPMorgan has a ‘war room’ that will meet up to 3 times a day as a ‘potentially catastrophic’ default approaches
By Nicholas GordonMay 12, 2023
Could Biden could theoretically raise the debt ceiling himself? Kind of
Politics
Could Biden could theoretically raise the debt ceiling himself? Kind of
By Zeke Miller, Josh Boak and BloombergMay 11, 2023
Left: Former president Donald Trump. Right: Treasury Secretary Janet Yellen.
Politics
Donald Trump wants Republicans to let the U.S. default on its debts. Janet Yellen says that would be ‘unthinkable’
By Eleanor PringleMay 11, 2023
Biden turns up heat on GOP speaker McCarthy over debt ceiling impasse: ‘He’s proposed deep cuts that I believe will hurt American families’
Politics
Biden turns up heat on GOP speaker McCarthy over debt ceiling impasse: ‘He’s proposed deep cuts that I believe will hurt American families’
By Seung Min Kim and The Associated PressMay 10, 2023
Kevin McCarthy, Joe Biden
Politics
Biden meets with congressional leaders as prospect of unprecedented default nears
By Zeke Miller, Seung Min Kim, Josh Boak, Lisa Mascaro and The Associated PressMay 9, 2023
Biden and McCarthy are in a standoff over the debt ceiling and something’s gotta give: ‘We have to avoid default, period. Full stop’
Politics
Biden and McCarthy are in a standoff over the debt ceiling and something’s gotta give: ‘We have to avoid default, period. Full stop’
By Lisa Mascaro and The Associated PressMay 8, 2023
Government employees are suing Janet Yellen and President Biden arguing that the law that sets the debt ceiling is unconstitutional
Finance
Government employees are suing Janet Yellen and President Biden arguing that the law that sets the debt ceiling is unconstitutional
By Christopher Rugaber, Fatima Hussein and The Associated PressMay 8, 2023
Janet Yellen
Politics
Janet Yellen almost ruled out minting a trillion-dollar platinum coin to avoid a national debt default, but didn’t really: ‘No good options’
By Nick Lichtenberg and The Associated PressMay 7, 2023
Joe Biden
Politics
Seeing signs of an economic soft landing, Biden urges Republicans not to ‘undo all this progress’ with debt default
By Josh Boak and The Associated PressMay 6, 2023
The IRS’s additional funding is helping it better predict the X-date—the exact day when the U.S. will run out of money
Finance
The IRS’s additional funding is helping it better predict the X-date—the exact day when the U.S. will run out of money
By Fatima Hussein and The Associated PressMay 5, 2023
Nobel laureate Paul Krugman says yes, Biden could mint a $1 trillion coin to avert the debt ceiling—but there’s a better option out there
Finance
Nobel laureate Paul Krugman says yes, Biden could mint a $1 trillion coin to avert the debt ceiling—but there’s a better option out there
By Will DanielMay 3, 2023
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