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.”
Markets Expect Fed to Raise Rates Despite Bank Turmoil
Posted inBanking and Financial Institutions Block Inc Carlson, Tucker Colbert, Stephen Dominion Voting Systems Corp Dorsey, Jack Duolingo Federal Reserve System Federal Trade Commission First Republic Bank Fox News Channel Goldman Sachs Group Inc Herbalife Ltd Hindenburg Research Icahn Enterprises L P Icahn, Carl C Jefferies Group Inc JPMorgan Chase & Company Loeb, Daniel S McCarthy, Kevin (1965- ) Narasimhan, Laxman NVIDIA Corporation Pearson PLC Powell, Jerome H Rosensweig, Dan Schultz, Howard D Silicon Valley Bank Starbucks Corporation Trump, Donald J WACHTELL LIPTON ROSEN & KATZ Warren, Elizabeth

Markets Expect Fed to Raise Rates Despite Bank Turmoil

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.