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The Latest Breaking News from Janet Yellen

Stocks Lower, Fed Minutes In Focus, Debt Ceiling Talks Stall, Nvidia On Deck, PacWest Leaps - 5 Things To Know

Stock futures slip lower as debt ceiling concerns weigh; Fed minutes in focus as markets seek clarity on rate path; Debt talks at impasse as deadline looms, treasury bill yields jump; Nvidia earnings on deck as investors look to AI impact on chipmakers and PacWest shares gain after real estate…

The Street

Debt ceiling talks aren't going well. Here's where they stand

House Republicans insist there's a gulf between them and the White House on key areas on how to resolve the looming debt ceiling deadline.

WEKU

Just in case: Anxious retirees, social service groups among those making default contingency plans

Politicians in Washington may be offering assurance that the government will figure out a way to avert default, but around the country, economic anxiety is rising and some people already are adjusting their routines

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Marjorie Taylor Greene pays $100k for chapstick used by Kevin McCarthy

‘They doing this insane chapstick s*** while the country teeters on default. Wild,’ Ilhan Omar tweets

The Independent UK

Ron DeSantis ‘to announce presidential run on Twitter with Elon Musk’ – as it happened

Florida governor reportedly to officially announce campaign on platform; McCarthy says debt deal possibly by 1 June

The Guardian - US

Debt ceiling explained: Why it’s a struggle in Washington and how the impasse could end

House Speaker Kevin McCarthy says his team and the White House have had ‘productive’ discussions to avert a default on U.S. debt days before the June 1 deadline.

Chicago Sun-Times

Biden and McCarthy hold debt ceiling talks but no deal yet as deadline looms

Republican speaker says he and president had ‘productive’ discussion but that ‘the time of just spending more money is wrong’

The Guardian - US

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Biden and McCarthy call debt talks 'productive,' but no deal

Washington (AFP) - A top US Republican and President Joe Biden on Monday both said their first one-on-one talks in months to avert a calamitous debt default were "productive," but that disagreements were still blocking any potential deal.

AFP

Biden and McCarthy resume talks as US debt ceiling deadline looms

Their meeting comes as US Treasury Secretary Janet Yellen issues third letter in three weeks, warning of a June default.

Al Jazeera

McCarthy says Biden debt talks 'productive', but no deal

Washington (AFP) - A top US Republican on Monday said his first one-on-one talks in months with President Joe Biden to avert a calamitous debt default were "productive" but that there was still no deal.

AFP

McCarthy, Biden meet on US debt crisis as time runs short

Washington (AFP) - US President Joe Biden said he was "optimistic" as he met Monday with top Republican Kevin McCarthy for their first one-on-one talks in months, with just 10 days left to avert a calamitous debt default.

AFP

Yellen triples down on debt ceiling deadline

President Biden and Speaker McCarthy are scheduled to meet tonight.

Axios

McCarthy, Biden to meet on US debt crisis as time runs short

Washington (AFP) - US President Joe Biden and top Republican Kevin McCarthy prepared Monday for their first one-on-one talks in months, with just 10 days left to stop the government tumbling into a calamitous default on its $31.8 trillion debt.

AFP

Debt ceiling showdowns aren’t new – but this time gonzo Republicans are ready to blow up the economy

Republicans like Marjorie Taylor Greene and nihilists like Trump are more committed to gaining power than to cutting the government debt

The Guardian - US

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news in one place.

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Barchart

Stocks Set to Open Higher as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.12% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

Fortune

Goldman Sachs estimates Janet Yellen has two more weeks before running out of cash

The U.S. government's cash reserves are dwindling, and soon the Treasury will have to flood the market with over half a trillion dollars in new IOUs.

The Street

Yellen Says America May Not Pay Its Bills

The White House and House Speaker Kevin McCarthy still haven't reached an agreement on raising the debt ceiling, which threatens to trigger a US default.

Reason

Worried About the Debt Fight? Make the Hard Spending Decisions That Politicians Won't!

The debt ceiling isn’t the issue; excessive federal spending is the real problem.

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news in one place.

100’s of premium titles.
One news app.

The Street

Stock Futures Flat; Biden-McCarthy Debt Meeting; EU Fines Meta; Ford Capital-Markets Day; Micron-China -- Five Things to Know

U.S. stock futures are flat as the president and House speaker are set to meet to solve the debt-limit dispute. Treasury Secretary Yellen affirms June 1 debt-ceiling deadline. EU privacy regulators fine Facebook's parent. Ford will outline its EV plans. And China says Micron chips pose a security risk.

Barchart

Stocks Set to Open Lower as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.14% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

Barchart

Stocks Set to Open Mixed as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.01% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

WEKU

Biden and McCarthy say debt limit meeting was productive but it ends without a deal

The two leaders met in person Monday at the White House after a "productive" phone call on Sunday about the debt ceiling. The U.S. could run out of money to pay its bills as early as June 1.

The Independent UK

Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end

President Joe Biden and House Speaker Kevin McCarthy are to meet face to face on Monday after a weekend of on again, off again negotiations over raising the nation’s debt ceiling

The Street

Yellen Sends Final Warning About America

The White House and House Speaker Kevin McCarthy still haven't reached an agreement on raising the debt ceiling, which threatens to trigger a US default.

The Street

Yellen Sends Final Warning to White House And Congress

The White House and House Speaker Kevin McCarthy still haven't reached an agreement on raising the debt ceiling, which threatens to trigger a US default.

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Marjorie Taylor Greene

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