House Speaker Kevin McCarthy accused the White House of backtracking on talks on raising the US debt ceiling and said he expected no progress until President Joe Biden would not return to Washington after a Group of Seven summit in Japan. “I don’t think we can move forward until the president can get back into […]
Dow Jones futures rose slightly after hours, along with S&P 500 and Nasdaq futures. You’re here (TSLA) holds its annual meeting of shareholders, but doesn’t offer much big news. X The stock market rally retreated on Tuesday as debt ceiling fears added selling pressure at the close. The Nasdaq had rallied for much of the […]
Many scenarios are played out publicly and privately, but no one knows for sure. The possibilities range from kumbaya to economic chaos with many possibilities in between. So far, neither President Joe Biden nor R-Calif. House Speaker Kevin McCarthy is giving ground ahead of talks scheduled for Tuesday. Biden wants to increase the government’s legal […]