WASHINGTON — The United States hit its debt limit on Thursday, prompting the Treasury Department to begin using a series of accounting maneuvers to ensure the federal government can keep […]
Stocks and Bonds
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Back to news homeHow to Invest as a Debt Ceiling Crisis Looms
That particular perils-of-Pauline crisis ultimately ended in compromise, but it was scary enough to lead Standard & Poor’s to downgrade its assessment of the previously pristine U.S. Treasury debt. Further […]
How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
Washington is gearing up for another big fight over whether to raise or suspend the nation’s debt limit, with Treasury Secretary Janet L. Yellen warning last week that the United […]
Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private
More than four years after he said he had secured the funding to take Tesla off the stock market, Elon Musk will try to defend that statement in a trial […]
Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong
Your unions say that for years, Southwest has been too focused on investors and hasn’t invested enough in the operation. What’s your response to that criticism?I’ve been asked a lot […]
Tesla Cuts Prices Sharply as It Moves to Bolster Demand
Tesla has cut prices on its two most popular electric cars in the United States and Europe by as much as 20 percent in a bid to spur slackening demand.The […]
Why Hitting the Debt Ceiling Would Be Very Bad for the U.S. Economy
WASHINGTON — The new Republican majority in the House of Representatives has Washington and Wall Street bracing for a revival of brinkmanship over the nation’s statutory debt limit, raising fears […]
Southwest’s Meltdown Could Cost It Up to $825 Million
The meltdown that forced Southwest Airlines to cancel more than 16,700 holiday flights could cost the carrier between $725 million and $825 million, the airline said in a filing on […]
Markets Rise as Investors Like the Look of Hiring and Wage Trends
For investors and policymakers, bad news may be good news when it comes to the latest data on the health of the job market.Stock rose on Friday, after fresh data […]
Tesla Sales in China Slump as Competition Intensifies
Tesla sales in China, the world’s largest car market, rose in 2022 but slumped in December as domestic manufacturers gained ground, according to data published Thursday.The company sold around 56,000 […]