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Debt Ceiling

Larry Summers says the Fed has inflation on the ropes, calls out crypto frauds, and bemoans the debt-ceiling fiasco. Here are the ex-Treasury chief's 12 best quotes from a new interview.

Fri, 04/21/2023 - 07:18

Tech Insider : Crypto

Larry Summers — Larry Summers.
NICHOLAS KAMM/AFP via Getty Images

Markets, MI Exclusive, Stocks, Larry Summers, US Treasury, US Markets and Economy, Inflation

Republicans want to ban banning gas ovens as part of their legislation to raise the debt ceiling

Wed, 04/19/2023 - 16:41

Tech Insider : Economy, Politics

Kevin McCarthy and a gas stove — Kevin McCarthy wants to save the gas stoves.
Mark Wilson/Getty Images/Photo by Frank Rumpenhorst/picture alliance via Getty Images

economy, politics, Debt Ceiling, Debt Limit, US debt ceiling, US debt limit, gas stoves

House Republicans want to ban student-loan forgiveness and immediately end the payment pause in their new debt ceiling bill

Wed, 04/19/2023 - 16:24

Tech Insider : Economy, Politics

House Speaker Kevin McCarthy (R-CA) Speaks On The Debt Ceiling At The Capitol — U.S. House Speaker Kevin McCarthy.
Alex Wong/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Kevin McCarthy

The Treasury market is starting to price in the possibility of a US debt default in July

Wed, 04/19/2023 - 16:03

Tech Insider

US Treasury Building — Chip Somodevilla/ Getty Images

Markets, MI Exclusive, Stock Market Outlook, Stock Market Analysis, Debt Ceiling, debt default, US debt ceiling

House Republicans unveil their plan to raise the debt ceiling for just one year — and it already faces hurdles from its own party

Wed, 04/19/2023 - 15:54

Tech Insider : Economy, Politics

Speaker of the House Kevin McCarthy — Speaker of the House Kevin McCarthy.
Alex Wong/Getty Images

economy, politics, Policy, Debt Ceiling, Debt Limit, Kevin McCarthy, Biden

Debt ceiling drama is back and it's coming for markets. Here's what to know as a deadline looms.

Wed, 04/19/2023 - 06:15

Tech Insider : Politics

Good morning, market watchers. I'm senior editor, Max Adams, standing in for Phil Rosen today.

Markets, 10 things opening bell, Newsletters, Stock Market, Debt Ceiling, politics, Joe Biden

The US could hit the debt ceiling deadline in June, sooner than expected amid weak tax collections, Goldman Sachs says

Tue, 04/18/2023 - 13:05

Tech Insider : Economy

Biden and Kevin McCarthy — US President Joe Biden and House Speaker Kevin McCarthy depart the US Capitol on Saint Patrick's Day.
Drew Angerer/Getty Images

Markets, MI Exclusive, Debt Limit, Debt Ceiling, Stocks, S&P 500, IRS

The bond market just sounded the alarm on US default risks, and a 'cataclysmic' debt ceiling crisis could hit next month

Mon, 04/17/2023 - 15:53

Tech Insider

Kevin McCarthy — Speaker of the House Kevin McCarthy.
Drew Angerer/Getty Images

Markets, MI Exclusive, Debt Ceiling, Bond Market, US Treasuries, government default

Kevin McCarthy says America needs to get back to work. Good news: It has.

Mon, 04/17/2023 - 15:22

Tech Insider : Economy, Politics

House Speaker McCarthy Delivers Speech On The Economy At NY Stock Exchange — Speaker of the House Kevin McCarthy (R-CA) delivers a speech about the economy at the New York Stock Exchange (NYSE) on April 17, 2023 in New York City.
Michael M. Santiago/Getty Images

economy, politics, Policy, Debt Ceiling, Kevin McCarthy, Work Requirements, Employment

Kevin McCarthy says 'it's time for Americans to get back to work' and has a plan in place to overhaul welfare benefits in a debt ceiling deal

Mon, 04/17/2023 - 11:32

Tech Insider : Economy, Politics

Kevin McCarthy — House Speaker Kevin McCarthy of California is pictured at the Capitol on January 7, 2023.
AP Photo/Jose Luis Magana

economy, politics, Policy, Debt Ceiling, Kevin McCarthy, Work Requirements, snap

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