Debt
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Business
Republicans Report Progress in Debt Limit Talks as Negotiations Continue
Republican congressional leaders said on Thursday they were making progress toward a deal with President Biden to raise the debt…
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Cryptocurrency
U.S. Treasury yields soar and Bitcoin stumbles amid debt ceiling, rate hike concerns
US Treasury yields rose notably this week, fueling market fears. There were notable gains on Wednesday and Thursday as debt…
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Business
McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House
With the possibility of a federal debt default looming just over a week away, House Speaker Kevin McCarthy on Wednesday…
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Business
Yellen Warns of Missed Payments if Debt Limit Is Not Lifted
Treasury Secretary Janet L. Yellen said Wednesday that the U.S. will “almost certainly” not have enough cash to keep paying…
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Health
Biden Administration Pushes to Save Key Covid Programs in Debt Ceiling Talks
Biden administration officials familiar with the negotiations say the White House is trying to preserve funding for key parts of…
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Business
Biden and McCarthy Describe ‘Productive’ Debt Limit Talks, but No Deal Is Reached
President Biden and House Speaker Kevin McCarthy expressed optimism on Monday that they could break the partisan gridlock that has…
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Cryptocurrency
Treasury Secretary Yellen repeats warning of US debt default
U.S. Treasury Secretary Janet Yellen said in a letter: May 22nd Warn of default within 10 days at the shortest.…
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Business
Debt Limit Negotiators Debate Spending Caps to Break Standoff
As negotiators in the White House and House Republican leadership struggle to reach a deal over raising the national debt…
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