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[ad_1] The numbers: The final reading of a consumer-sentiment survey in May rebounded slightly to 59.2, but Americans remained worried about the future of the economy,...
[ad_1] The numbers: The trade deficit in goods shot up 17% in April to a six-month high of $96.8 billion, reflecting a rebound in imports and a...
[ad_1] Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Fears are brewing in financial markets that the U.S. lawmakers won’t be able...
[ad_1] The numbers: Orders for manufactured goods jumped 1.1% in April largely because of the military, but business investment also rose sharply in a positive sign for...
[ad_1] Goldman Sachs economists Alec Phillips and Tim Krupa say the Treasury’s early June deadline for the debt ceiling looks “very accurate, in our view.” Their...
[ad_1] If the U.S. government cannot pay all its bills because of a debt-ceiling impasse, household borrowing costs could soar, the job market could shed millions...
[ad_1] “‘Don’t kiss your dollars goodbye just yet.’” — Kristalina Georgieva, managing director, International Monetary Fund Don’t count International Monetary Fund Managing Director Kristalina Georgieva among the...
[ad_1] By Ed Frankl The U.K.’s inflation rate fell less than expected in April, kept elevated by rising food prices, and the closely watched core rate...
[ad_1] By Yifan Wang Lenovo Group’s net profit fell 72% in its fourth quarter, as personal-computer sales continued to decline amid a deteriorating global economy and...
[ad_1] When the U.S. debt-ceiling fight finally is resolved, the Treasury is expected to unleash a flood of bill issuance to help refill its coffers run...
[ad_1] Continued uncertainty about whether a debt-ceiling resolution can come together fast enough to avoid a government default pushed yields on Treasury bills maturing between early...
[ad_1] As President Joe Biden and House Speaker Kevin McCarthy prepare to meet Monday afternoon over the debt-ceiling standoff, it’s really getting to be crunch time....
[ad_1] St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going...
[ad_1] The economy is slowing all right, but oddly, it might still be too strong to get inflation to fall much faster and help the U.S....
[ad_1] WASHINGTON — President Joe Biden will meet in person Monday with House Speaker Kevin McCarthy about averting an economy-wrecking federal default, and the Republican leader expressed...
[ad_1] President Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a...
[ad_1] President Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a...
[ad_1] Americans’ discontent with the size of their federal income-tax bill is at a two-decade high, according to a new poll — even though Congress hasn’t...
[ad_1] U.S. stocks closed lower on Friday as investors focused on debt-ceiling talks in Washington D.C., which Republican Rep. Garret Graves of Louisiana, a deputy for...
[ad_1] Debt-ceiling negotiations are at a “pause” on Friday, said Republican Rep. Garret Graves of Louisiana, a deputy for House Speaker Kevin McCarthy. “We’ve decided to...