Us Debt Deal
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"Big Win For Americans": Biden On Debt Deal That Averts First-Ever Default
US President Joe Biden welcomed Thursday's vote by the Senate to raise the national debt limit through 2024 and avert a first ever default as a "big win" for Americans.
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Sensex remains muted despite global rally over US debt deal
Indian stocks were flat today despite a rally in other global markets after US legislators produced a last-minute deal to lift the government's borrowing limit and dodge a potentially catastrophic debt default.
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Hint of Washington deal triggers Wall Street rally
The market rally left the S&P 500 less than 2 per cent away from its record closing high set three weeks ago, with traders now focused on an earnings season that begins in earnest on Friday with results from top banks JPMorgan and Wells Fargo.
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Asian stocks hit 3-week highs on hopes of US debt deal
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 per cent, reaching highs not seen since September 23. Tokyo's Nikkei climbed 1.1 per cent, while Australian shares put on 1.8 per cent.
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US debt deal 'positive' for Indian IT firms: Wipro
The US debt deal is likely to have a positive impact on Indian IT companies in the long run, a top Wipro official said today. "I cannot comment on the short term, but in medium to long term it will have a positive impact on the Indian IT companies. The US-based companies or organisations ...
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Responses to debt deal range from angry to angrier
From the right and center: mild disgust. From the left: outright anger. Americans showed a range of emotions and responses to the debt-limit deal President Barack Obama and top leaders of Congress struck Sunday, but few were positive. Except perhaps relief that the weeks of wrangling was finally over. Phil Waters of Anchorage, Alaska, ...
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US debt deal: House of Representatives passes bill
After months of partisan impasse, the US House of Representatives on Monday approved a budget agreement intended to head off a potential government default, pushing Congress a big step closer to the conclusion of a bitter fight that has left both parties bruised and exhausted.
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US reaches debt deal two days ahead of deadline
President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government's borrowing limit.
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US House to vote on raising borrowing cap
Hours before a crucial vote, Republican leaders in the US pleaded with their fractious rank and file on Thursday to support a House plan to stave off an unprecedented government default. The vote would bring President Barack Obama and Congressional leaders a step closer to endgame efforts before Tuesday's deadline.
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The clock is ticking: Lagarde on US debt crisis
The head of the International Monetary Fund (IMF), Christine Lagarde, has warned that the clock was ticking on a US debt deal, as the dollar slid to new lows amid concerns of a looming and unprecedented default by the world's top economy.
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"Big Win For Americans": Biden On Debt Deal That Averts First-Ever Default
US President Joe Biden welcomed Thursday's vote by the Senate to raise the national debt limit through 2024 and avert a first ever default as a "big win" for Americans.
-
Sensex remains muted despite global rally over US debt deal
Indian stocks were flat today despite a rally in other global markets after US legislators produced a last-minute deal to lift the government's borrowing limit and dodge a potentially catastrophic debt default.
-
Hint of Washington deal triggers Wall Street rally
The market rally left the S&P 500 less than 2 per cent away from its record closing high set three weeks ago, with traders now focused on an earnings season that begins in earnest on Friday with results from top banks JPMorgan and Wells Fargo.
-
Asian stocks hit 3-week highs on hopes of US debt deal
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 per cent, reaching highs not seen since September 23. Tokyo's Nikkei climbed 1.1 per cent, while Australian shares put on 1.8 per cent.
-
US debt deal 'positive' for Indian IT firms: Wipro
The US debt deal is likely to have a positive impact on Indian IT companies in the long run, a top Wipro official said today. "I cannot comment on the short term, but in medium to long term it will have a positive impact on the Indian IT companies. The US-based companies or organisations ...
-
Responses to debt deal range from angry to angrier
From the right and center: mild disgust. From the left: outright anger. Americans showed a range of emotions and responses to the debt-limit deal President Barack Obama and top leaders of Congress struck Sunday, but few were positive. Except perhaps relief that the weeks of wrangling was finally over. Phil Waters of Anchorage, Alaska, ...
-
US debt deal: House of Representatives passes bill
After months of partisan impasse, the US House of Representatives on Monday approved a budget agreement intended to head off a potential government default, pushing Congress a big step closer to the conclusion of a bitter fight that has left both parties bruised and exhausted.
-
US reaches debt deal two days ahead of deadline
President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government's borrowing limit.
-
US House to vote on raising borrowing cap
Hours before a crucial vote, Republican leaders in the US pleaded with their fractious rank and file on Thursday to support a House plan to stave off an unprecedented government default. The vote would bring President Barack Obama and Congressional leaders a step closer to endgame efforts before Tuesday's deadline.
-
The clock is ticking: Lagarde on US debt crisis
The head of the International Monetary Fund (IMF), Christine Lagarde, has warned that the clock was ticking on a US debt deal, as the dollar slid to new lows amid concerns of a looming and unprecedented default by the world's top economy.
