The debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy on Saturday represents momentary relief for the mortgage market, as it reduces the chances of a federal government default. But that’s […]
The near-term climate isn’t constructive for the oldest financial haven of them all. Reports of progress toward raising the US Federal debt ceiling have weighed on the market, chiming with a widespread belief that a […]
Global equity markets jumped while gold dropped in the past week on growing hopes of a deal in Washington to raise the debt ceiling to avoid a catastrophic default. However, some of the optimism scaled back after […]
Time is running out to reach a deal to avert a historic default on the nation’s debt, with Treasury Secretary Janet Yellen warning that the U.S. could run out of money to pay the bills by […]
There’s a little bit of everything for economy watchers this week as data comes in on the housing market, first-quarter gross domestic product, inflation and consumer sentiment. It’s also a week that could be influenced […]
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