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Congress Faces Fall Deadline to Address Debt Ceiling

The clock starts ticking this weekend for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before the government runs out of money to pay its bills sometime this fall......»»

Category: smallbizSource: wsjMar 2nd, 2019

Yellen warns steps to keep under debt ceiling might run out quickly after July 31 deadline

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 7th, 2021

US stocks fall from record highs as Congress nears deadline without stimulus agreement

Senate Majority Leader Mitch McConnell said Friday he feels "more optimistic" a deal can be reached, adding an agreement "is very close at hand." Getty Images / Bryan R. Smith US equities fell from record highs on Friday as Congre.....»»

Category: smallbizSource: nytDec 18th, 2020

Hertz in talks with creditors to avoid debt default, faces May 4 deadline

Hertz Global Holdings Inc said on Wednesday it was in talks with its lenders to avoid defaulting on debt related to its rental vehicle fleet, after skipping a payment that was due April 27......»»

Category: topSource: reutersApr 29th, 2020

Wall Street approaches record high on earnings optimism

The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment......»»

Category: topSource: reutersJul 23rd, 2019

Upbeat earnings from Coca-Cola, United Tech lift Wall Street

U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment......»»

Category: topSource: reutersJul 23rd, 2019

Wall St. boosted by upbeat earnings

U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment......»»

Category: topSource: reutersJul 23rd, 2019

The Debt-Ceiling Impasse Has Meant Mini-QE Since May - Will Mean QT When Resolved

Authored by Bryce Coward via Knowledge Leaders Capital blog, When the US government gets near its statutory debt limit, congress must lift the debt limit in order for the .....»»

Category: blogSource: zerohedgeJul 22nd, 2019

Stocks Extend Gains On Debt-Ceiling Deal Rumors

US equity markets and bond yields are rising after Bloomberg reports, according to a person briefed on the discussions, that Congress and the White House are finalizing an agreement that would raise the.....»»

Category: blogSource: zerohedgeJul 22nd, 2019

Column: With the debt ceiling fight, Congress and Trump are playing with fire -- again

That perennial childishness, a fight over the U.S. debt ceiling, is back. That perennial childishness, a fight over the U.S. debt ceiling, is back......»»

Category: topSource: latimesJul 16th, 2019

Market Extra: U.S. debt ceiling fears surface in “kink” in Treasury bill yield curve as drop-dead date approaches

Investors fears that Congress will fail to raise the U.S. borrowing limit before cash runs out are cropping up in short-term Treasury bills......»»

Category: topSource: marketwatchJul 12th, 2019

US may top debt limit sooner than forecast

Congress has been acting like it has months to raise the U.S. debt limit, but lower tax revenue projections mean lawmakers could face a tighter deadline, according to an independent policy group......»»

Category: topSource: moneycentralJul 8th, 2019

U.S. Treasury"s Mnuchin says U.S. to hit debt limit in late summer

U.S. Treasury Secretary Steven Mnuchin on Wednesday urged Congress to raise the U.S. debt ceiling as soon as possible, saying the U.S. government was expected to exhaust its borrowing authority around late summer......»»

Category: topSource: reutersMay 22nd, 2019

FAA funding bill could cut "unreasonable" airline fees

Congress faces a Sept. 30 deadline to approve f.....»»

Category: topSource: latimesSep 20th, 2018

Sears Holdings shares fall below $1 as key debt deadline nears, stock risks being delisted

Sears' stock hits an all-time low below $1 as the department store chain is running out of time to stay afloat. Shares could be delisted from N.....»»

Category: topSource: usatodaySep 28th, 2018

Sears shares fall below $1 as key debt deadline nears - CNBC

CNBCSears shares fall below $1 as key debt deadline nearsCNBCShares of Sears Holdings fell below $1 for the first time on Friday morning, hitting an all-time low as the department store chain is running out of time to stay afloat. The stock .....»»

Category: topSource: googlenewsSep 28th, 2018

Sears Holdings shares fall below $1 as key debt deadline nears, stock risks being delisted - USA TODAY

USA TODAYSears Holdings shares fall below $1 as key debt deadline nears, stock risks being delistedUSA T.....»»

Category: topSource: googlenewsSep 28th, 2018

Sears could file for bankruptcy as soon as this week

Sears Holdings has hired M-III Partners to prepare a bankruptcy filing that could come as soon as this week, according to people familiar with the situation, as the cash-strapped company faces a debt payment deadline......»»

Category: topSource: moneycentralOct 10th, 2018

Sears could file for bankruptcy as soon as this week

Sears Holdings has hired M-III Partners to prepare a bankruptcy filing that could come as soon as this week, according to people familiar with the situation, as the cash-strapped company faces a debt payment deadline......»»

Category: topSource: moneycentralOct 10th, 2018

Anticipated 2019 Debt Ceiling Debate Fuels Fears Of "Major Market Disruption"

With Washington DC in disarray over the government shutdown battle playing out between the Trump administration and Congress, veteran traders.....»»

Category: blogSource: zerohedgeDec 21st, 2018

Capitol Report: U.S. will run out of cash to pay bills in fall without debt-limit increase, CBO estimates

The U.S. government will run out of cash to pay its bills around the end of the fiscal year if Congress doesn’t raise the nation’s debt limit before then, the Congressional Budget Office estimated Tuesday......»»

Category: topSource: marketwatchFeb 26th, 2019