debt limit

Wall Street Surges on Strong Jobs Report and Congress Deal

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[ad_1] Last Updated: June 03, 2023, 02:41 IST New York, United States of America (USA) The tech-rich Nasdaq Composite Index rose 1.1 percent to finish the week on a new 13-month high of 13,240.77. The passage of a debt limit deal through both houses of Congress appears to have eased market fears Wall Street stocks … Read more

Wall Street Turns Red, Dollar Dips as Fed Chairman Powell Warns of Persistent Inflation

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[ad_1] Last Updated: May 19, 2023, 23:46 IST Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, March 22, 2023, in Washington. (AP Photo) All three major U.S. stock indexes turned red as Powell said the central bank has not made any decisions about whether rates are “sufficiently … Read more