United States Economy – Page 348

Retail Sales Fell in December as Holiday Shoppers Held Back

Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.

By Jordyn Holman

Federal Budget (US) Government Bonds Law and Legislation National Debt (US) Stocks and Bonds United States Economy

How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.

By Alan Rappeport

Banking and Financial Institutions Federal Budget (US) Federal Reserve System Government Bonds National Debt (US) Stocks and Bonds Treasury Department United States Economy United States Politics and Government

As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans

A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.

By Jeanna Smialek and Joe Rennison

Banking and Financial Institutions Company Reports Goldman Sachs Group Inc Morgan Stanley United States Economy

Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm

The Wall Street giant reported that its profit fell by nearly 70 percent in its latest quarter, lagging results at its rival Morgan Stanley.

By Rob Copeland