Washington: US senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations…
Tag: US economy
US Cash Pile At Record Low, Biden And Republicans Agree On Debt Ceiling
Washington: Top Republican leader Kevin McCarthy and President Joe Biden announced a deal Saturday to raise…
How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
The doomsday planning is due to a lack of progress in talks between Joe Biden and…
Joe Biden Warns Of “Catastrophic” Consequences On Economy If US Defaults
The two sides have remained at an impasse despite weeks of warnings. Washington: President Joe Biden’s…
Demand For Beer And Handbags Help Temper US Recession Fears for Now
The US economy reported slower-than-expected growth of 1.1% in the first quarter. (Representational) Heightened worries about…
U.S. Senate passes Biden’s mega health, climate bill; House to vote next
The U. S. Senate has approved President Joe Biden $740 billion economic package — aka the…