U.S. economy – USTOWER

5 Minutes

Jeffries won’t commit to a short-term debt ceiling deal, insists on clean increase

ustowner-012 2023-05-08 05:18

The White House weighs trying to broker a short-term extension of the debt ceiling to allow more time to pass a larger increase.House Minori[……] ....

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2 Minutes

Investor panic hits US bank stocks

ustowner-012 2023-05-04 05:00

Mid-sized lenders have shed market value, fueling concerns over the health of the financial system Shares of several regional US lenders plunged[……] ....

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1 Minute

US national debt to skyrocket – IMF

ustowner-012 2023-04-15 06:58

Interest payments and the shift to clean energy will add to government spending, the organization warnsUS public debt will continue to rise in the com[……] ....

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2 Minutes

Economists signal rising risks of US recession

ustowner-011 2023-01-17 03:07

The probability of economic downturn in 2023 is very high despite the signs of easing inflation, experts warn Higher interest rates will push the US e[……] ....

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2 Minutes

The U.S. May Finally Breach the Debt Ceiling.
Here’s Why That Would Be Very Bad.

ustowner-011 2023-01-12 05:21

WASHINGTON — The new Republican majority in the House of Representatives has Washington and Wall Street bracing for a revival of brinkmanship over the[……] ....

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1 Minute

Cooler hiring and milder pay gains could aid inflation fight

ustowner-011 2023-01-07 03:47

America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising i[……] ....

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2 Minutes

Alan Greenspan says US recession is likely

ustowner-011 2023-01-05 05:34

Former Federal Reserve Chairman Alan Greenspan believes a US recession is the “most likely outcome” of the Fed’s aggressive rate hike regime meant to[……] ....

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2 Minutes

America Will Lose Millions of Jobs

ustowner-011 2023-01-04 05:25

Two things are certain about the American economy, and a third is somewhat certain. Inflation sits near a four-decade high, although it has improved s[……] ....

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2 Minutes

New Fed research flags rising risk of U.S. recession

ustowner-011 2022-12-31 05:18

NEW YORK, Dec 30 (Reuters) – Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that of[……] ....

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