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Tag: Debt

The manufacturer of a brand of over-the-counter eye drops said that it was recalling the product, EzriCare Artificial Tears, after it was linked to a drug-resistant bacteria strain that has caused at the least one person’s...
The Bank of England has hiked rates of interest to 4% – a 14-year high. Will it have an effect on UK inflation?

The Week in Business: The Debt Limit and Politics

What’s Up? (Jan. 15-21)The U.S. Hits Its Debt CeilingThe USA hit its borrowing cap of $31.4 trillion on Thursday, setting the stage for a...

What Happens Next within the Debt Limit Debate?

America hit a limit this week on how much money it could borrow, forcing the Treasury Department to initiate so-called extraordinary measures to be...

Jimmy Fallon Finds the Funny within the Debt Ceiling

“Trump, meanwhile, is desperately attempting to get back on Facebook. You already know, his team sent a letter to Mark Zuckerberg requesting that they...

America Hit Its Debt Ceiling, Raising Economic Fears

WASHINGTON — The US hit its debt limit on Thursday, prompting the Treasury Department to start using a series of accounting maneuvers to make...

How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster

“Debt limit impasses have also repeatedly disrupted implementation of Treasury’s money management policy — with knock-on effects for money markets,” Joshua Frost, assistant Treasury...

How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?

Washington is gearing up for an additional big fight over whether to boost or suspend the nation’s debt limit, with Treasury Secretary Janet L....

Why Hitting the Debt Ceiling Would Be Very Bad for the U.S. Economy

WASHINGTON — Washington and Wall Street are bracing for a revival of brinkmanship over the nation’s statutory debt limit, raising fears that the delicate...

U.S. Will Hit Debt Limit on Thursday, Yellen Tells Congress

WASHINGTON — Treasury Secretary Janet L. Yellen warned on Friday that she would should begin employing “extraordinary measures” on Thursday to proceed paying the...

Twitter’s debt and value have plunged painfully since Elon Musk takeover: sources

Big banks and investors that helped Elon Musk complete his $44 billion takeover of Twitter are taking a shower on their equity stakes and...

Kevin McCarthy’s Speaker Drama Raises Latest Fears on Debt Limit

WASHINGTON — Representative Kevin McCarthy of California finally secured the House speakership in a dramatic vote ending around 12:30 a.m. Saturday, however the dysfunction...

Money saving suggestions: Woman shares ‘neatest thing’ that helped her clear £4,000 debt this 12 months | Personal Finance | Finance

Britons are using banking app tools as a method to eliminate debt and kind their funds out foe the 12 months ahead, recent data...

Student debt relief goes to the Supreme Court—when payments may resume

The Supreme Court on Thursday declined to greenlight President Joe Biden's sweeping student debt forgiveness plan. As an alternative, the court said it'll hear...

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