Compromise clears important hurdle US House of Representatives approves debt deal 6/1/2023 6:51 am In the US, Republicans and Democrats have been bickering for weeks about raising the debt ceiling. A compromise by both sides finds the required majority in the House of Representatives. The Senate still needs approval. The US is a big step…
Biden urges haste US debt deal is now up to Congress 5/29/2023 3:59 am Democrats and Republicans seal a compromise intended to protect the United States from default. US President Biden calls on the Senate and House of Representatives to wave the package through quickly. But the dissidents on both sides are already mobilizing. In…
Tech companies with a big plus Debt dispute rapprochement boosts Wall Street 05/26/2023, 11:00 p.m Even if the debt crisis in the USA has not yet been resolved, a real sigh of relief can be felt on the US financial markets. Prices are going up noticeably. The tech industry in particular benefits from this, but…
Legislative text in progress? An agreement is emerging in the US debt dispute 5/26/2023 5:26 am Time is short, insolvency is imminent: in the USA, Democrats and Republicans could resolve their dispute over the debt ceiling just in time. Negotiations are reportedly progressing. There are concessions. In the United States, according to an insider, President…
Hype about artificial intelligence Nasdaq trumps, Dow Jones gives up 05/25/2023, 11:05 p.m Ongoing US debt ceiling negotiations are weighing on Wall Street investors. Some technology companies stand out with hefty price gains. Overall, however, the US indices paint a mixed picture. US stock markets fail to find common ground. The Dow Jones Index the…
Solution imminent? Biden sees rapprochement in the US debt dispute May 25, 2023 at 9:51 p.m After weeks of wrangling in the US debt dispute, there are signs of a rapprochement between the Democratic-led US government and the Republicans. There really isn’t much time left. President Biden says he made an offer. Democratic President Joe…
So far, Democrats and Republicans in the USA have always reached an agreement in good time and raised the debt limit. Confidence that this will also succeed this time is fading. The financial industry plays through crisis scenarios. Barely a week before a possible US default, Wall Street is gearing up for financial Armageddon. The…
USA threatens to default Biden and McCarthy with crisis talks in the debt dispute May 21, 2023 at 9:41 p.m The Biden administration and Republicans have been arguing about raising the debt limit for months. Without an agreement, the USA could become insolvent for the first time in its history at the beginning of June….
Biden remains confident “Serious differences” in the US debt dispute 05/20/2023, 08:39 am On Friday, Republicans surprisingly ended talks with the White House about the country’s debt limit. There are “serious differences,” the US government said. This will also be discussed at the G7 summit attended by President Biden. According to the White House, negotiations…
Tech stocks extend profits Hope for an end to the debt dispute supports US stock markets 05/18/2023 10:39 p.m The Dow Jones rose on Wall Street. The dispute over the US debt ceiling appears to be winding down, which would be very welcome news for US markets. Low initial jobless claims in the US also…
Biden and the US budget crisis “There is a serious threat here” 05/09/2023 11:48 am The USA has already torn its debt ceiling, an agreement on the budget is urgently needed. David Vandivier, Professor of Fiscal Policy at Georgetown University in Washington DC, warns of a real threat to the financial markets – and explains…
Meeting with Biden planned Kevin McCarthy: USA not at risk of default 01/29/2023 8:33 p.m A good two weeks ago, US Treasury Secretary Yellen warned that another payment default was imminent in the United States. The Speaker of the House of Representatives doesn’t want to hear about it. McCarthy says there won’t be. An announced…
