Regulators Raise the Alarm on a Potential Market Risk
Posted inBanking and Financial Institutions Bankman-Fried, Sam Biden, Joseph R Jr Commodity Futures Trading Commission DeSantis, Ron Federal Reserve System Goldman Sachs Group Inc HK FTX Trading Ltd (Futures Exchange) internal-storyline-no Johnson Associates Kaplan, Lewis A Korner, Ulrich McCarthy, Kevin (1965- ) Mintz Group LLC Regulation and Deregulation of Industry Solomon, David M Sullivan & Cromwell Treasury Department

Regulators Raise the Alarm on a Potential Market Risk

Turmoil in the banking sector could have a knock-on effect on clearinghouses, the intermediaries between buyers and sellers in financial markets.
Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms
Posted inBiden, Joseph R Jr Democratic Party Federal Budget (US) Jeffries, Hakeem McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Republican Party Schumer, Charles E United States Economy United States Politics and Government

Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms

The president will host the House speaker and other congressional leaders at the White House on Tuesday to discuss their impasse over the debt ceiling and spending cuts.
Debt-Ceiling Déjà Vu Worries Wall Street
Posted inBank of America Corporation Bank of England Berkshire Hathaway Inc Biden, Joseph R Jr Bluesky (Social Network) BNSF Railway Boies, David Buffett, Warren E Fox News Channel Geico (Government Employees Insurance Co) Holmes, Elizabeth (1984- ) internal-storyline-no McCarthy, Kevin (1965- ) McHenry, Patrick T Munger, Charles T Occidental Petroleum Corporation OpenAI Labs PayPal Theranos Inc United States Economy

Debt-Ceiling Déjà Vu Worries Wall Street

The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”