What Happens If the U.S. Defaults on Its Debt?
SmartAsset via AOL· 2 days agoThe debt ceiling is a limit that Congress imposes on how much debt the federal government can carry at any given time. When the ceiling is reached, the...
Is the world’s most important asset market broken?
The Economist via Yahoo Finance· 16 hours agoDebt-ceiling brinkmanship has pushed America towards a technical default. Rising interest rates and incontinent spending have seen debt balloon: the...
House Speaker Mike Johnson's honeymoon period is over. Congress is still bracing for fights.
USA TODAY via Yahoo News· 3 hours agoThose included deep cuts to the government. Some Republicans have for months pressed for funding...
Hard-right backtrack on spending levels leaves sour taste for colleagues
Washington Post· 2 days agoUnder a sweltering July heat outside the Capitol, members of the House Freedom Caucus devoted a...
Power of the purse
Deseret News via Yahoo News· 1 day agoThe local police catch them a few days later and place them into separate interrogation rooms. If Bonnie will rat out Clyde, they will release her with a...
Peru to Replace Dollar Bonds With Local Debt When Fed Cuts Rates
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Peru is eager to raise longer-dated, local-currency debt to pay down dollar bonds as...
Momentum builds for special commission to tackle $34T in US debt
The Hill via Yahoo News· 5 days agoMomentum is building in Washington for a special commission to tackle the nation’s nearly $34...
FHA Loan Limit to Increase in 2024
Builder Magazine· 5 days agoThe Federal Housing Administration (FHA) and Federal Housing Financing Agency (FHFA) announced their new loan limits for 2024. The FHA announced limits...
Resurgent S&P 500 crests new 2023 closing high after roller-coaster year
Investing.com· 1 day agoThe index gained 0.6% on Friday after bullish investors grew more confident the rate cycle had...
Steve Bannon warns of "firestorm" that could destroy Republicans
Newsweek· 3 days agoThe flames that ignited a political firestorm among House Republicans are bound to get bigger and...