Sun, Jan 28, 2024
Further compounding the issue, the US grapples with a structural deficit. As indicated by analyst Joe Consorti, the federal deficit is worrying at -6.460 per cent of the GDP, Cryptoslate reported.
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Thu, May 25, 2023
Ratings agency Fitch has put United States' AAA" rating, its highest rank, on a negative watch. What will happen if US rating downgrades? What will be its impact? Know from Kushal Gupta.
Thu, May 04, 2023
The US government could run out of cash to pay its bills as early as June 1, which could lead to a significant impact on the global economy. In this video, we explain how a US default could cause chaos in global financial markets and affect emerging nations like India.
Wed, May 03, 2023
US debt ceiling news: In conversation with Zee Business Managing Editor Anil Singhvi, independent market expert Ajay Bagga said the US administration, in his view, is unlikely to default though there might be some nervousness in the markets.
Tue, May 02, 2023
U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency will be unlikely to meet all U.S. government payment obligations by “early June.” The debt ceiling could become binding by June 1, she said.
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