Joe Biden, House Speaker McCarthy fail to break ice on debt ceiling deal

by Reuters: US President Joe Biden and House Speaker Kevin McCarthy could not agree on Monday…

How US debt default will affect global economy, financial markets

Democrats and Republicans in the US are sharply divided over the country’s borrowing limits. (file) Washington,…

Oil prices rise as strong demand forecasts offset supply concerns

Last Update: May 23, 2023, 00:57 AM IST Last week, both oil benchmarks rose nearly 2%…

US debt ceiling talks stalled over ‘serious differences’ as default deadline draws closer

US Speaker of the House Kevin McCarthy speaks to reporters at the US Capitol Crucial talks…

Wall Street turns red, dollar dips as Fed Chairman Powell warns of persistent inflation

Last Update: May 19, 2023, 23:46 IST Federal Reserve Board Chairman Jerome Powell speaks during a…

Oil settles at $2 on optimism about US debt ceiling, demand

Last Update: May 18, 2023, 01:55 AM IST Crude inventory builds added to concerns about US…