US lawmakers are running out of time to end the debt-limit standoff - so dump stocks and buy bonds, JPMorgan strategist says

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Biden and Kevin McCarthy
Investors need to shield their portfolios by buying bonds with the debt-ceiling standoff set to go down to the wire, a JPMorgan strategist warned Sunday.

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US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

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Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.

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A Long Island crowd booed George Santos after he tried to pivot from his criminal charges to complain about Hunter Biden

Tech Insider : Politics
george santos addresses crowd in sunglasses with tons of media microphones
Rep. George Santos leaves Federal Court on May 10, 2023 in Central Islip, New York.

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A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn

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US stocks edged lower on Tuesday as more Wall Street banks reported mixed earnings
Wall Street

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Man pleads guilty to hacking Elon Musk's and Joe Biden's Twitter accounts in bitcoin scam

Tech Insider : Crypto
Elon Musk's Twitter profile is displayed on a phone; and a white man with long hair wearing a surgical mask is handcuffed and led away by police
Elon Musk's Twitter account, and Joseph James O'Connor arrested in Spain in 2021.

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Treasury Secretary Janet Yellen is warning CEOs about the potentially "catastrophic" fallout from a US debt default

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Treasury Sec. Janet Yellen
U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.

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An Arizona GOP official relentlessly threatened by election deniers after the 2020 presidential race says he has PTSD

Tech Insider : Politics
Bill Gates
Maricopa County Board of Supervisors Chair Bill Gates.

AP Photo/Ross D. Franklin, File

Chris Christie blasts Trump's 2024 presidential campaign as a 'vanity exercise' meant to 'try to make himself feel better'

Tech Insider : Politics
Chris Christie
Former Gov. Chris Christie of New Jersey.

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Biden calls House Speaker Kevin McCarthy an 'honest man,' but says he 'just about sold away everything' to appease far-right Republican lawmakers

Tech Insider : Politics, Economy
Biden McCarthy
President Joe Biden walks past House Speaker Kevin McCarthy of California after the GOP leader introduced him to speak at a Friends of Ireland Caucus St. Patrick's Day luncheon in Washington, DC, on March 17, 2023.

AP Photo/Alex Brandon

Biden says Vice President Kamala Harris 'hasn't gotten the credit she deserves' in her role: 'She's really very, very good'

Tech Insider : Politics
Biden Harris
President Joe Biden and Vice President Kamala Harris smile during a meeting with his "Investing in America Cabinet" in the Roosevelt Room of the White House on May 5, 2023.

AP Photo/Evan Vucci

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