[ad_1] Yellen wraps up China trip – CBS News Watch CBS News Treasury Secretary Janet Yellen wrapped up a trip to China following a series of meetings she called productive. Elizabeth Palmer reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source … Read more
[ad_1] Open: This is “Face the Nation with Margaret Brennan,” July 9, 2023 – CBS News Watch CBS News This week on “Face the Nation,” Treasury Secretary Janet Yellen says in an interview from Beijing that her trip to China has been “successful,” plus Utah Gov. Spencer Cox discusses his stance on gender-affirming care for … Read more
[ad_1] Chinese Premier Li Qiang (R) shakes hands with US Treasury Secretary Janet Yellen during a meeting at the Great Hall of the People in Beijing on July 7, 2023. Mark Schiefelbein | AFP | Getty Images BEIJING — U.S. Treasury Secretary Janet Yellen defended American actions to protect its national security in prepared remarks … Read more
[ad_1] Senate Majority Leader Charles Schumer, D-N.Y., conducts a news conference after the senate luncheons in the U.S. Capitol on Tuesday, May 2, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — The Senate began debate on a series of proposed amendments to a House-approved bill to raise the debt ceiling and … Read more
[ad_1] WASHINGTON: Treasury secretary Janet Yellen said her department estimates it will run out of funding by June 5 if lawmakers fail to raise or suspend the US debt ceiling.“Based on the most recent available data, we now estimate that treasury will have insufficient resources to satisfy the government’s obligations if Congress has not raised … Read more
[ad_1] NEW YORK: All three major US stock indexes closed the day higher Friday amid optimism that a deal to avert a potentially catastrophic US debt default was close at hand.Democrats and Republicans inched towards a deal Friday, with just days to go before the treasury department warned the United States could run out of … Read more
[ad_1] A.I. rally has staying power, UBS says Don’t write off this AI-related rally, UBS said. “AI is fueling growth for a wide range of companies, including semiconductors and cloud computing,” wrote Mark Haefele, CIO at UBS Global Wealth Management. “The broad AI hardware and services market was nearly USD 36bn in 2020, based on … Read more
[ad_1] WASHINGTON — House Speaker Kevin McCarthy said negotiations with the White House over raising the U.S. debt limit Wednesday were still hung up over a disagreement on future spending, indicating that the two sides were far apart with only eight days before the government could face an unprecedented default. A tangible government spending cut … Read more
[ad_1] U.S. stock futures were little changed on Tuesday night as investors kept an eye on debt-ceiling negotiations. Futures linked to the Dow Jones Industrial Average ticked higher by 31 points, or 0.09%. S&P 500 futures added 0.1%, while Nasdaq 100 futures gained 0.08%. The three major averages fell during regular trading Tuesday. The S&P … Read more
[ad_1] Traders on the floor of the NYSE, May 17, 2023. Source: NYSE Stock futures were little changed on Monday morning as traders monitored the negotiations over the U.S. debt ceiling. Futures for the Dow Jones Industrial Average and S&P 500 futures traded flat, while Nasdaq 100 futures were 0.1% lower. Stocks rose last week … Read more