Washington Watch Yellen Says Us Will Hit Debt Ceiling Thursday Analysts Warn of Significant Market Pain while Congress Deals with Limit
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House Republicans pick funding totals, undercutting debt limit deal
Politico - Politics - Republican Party -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Carter Center CEO says 'no significant change' in Jimmy Carter's condition: AJC
Carter Center CEO Paige Alexander said in a Wednesday interview that there has been “no significant change” in former President Carter’s condition. “It’s 15 months of hospice at this point, and he is fully retired,” Alexander said on The Atlanta ...The Hill - Politics -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
An Islamist group used child soldiers in Mozambique attacks, says Human Rights Watch
Human Rights Watch says an Islamist group operating in Mozambique’s northern Cabo Delgado province used boys as young as 13 in attacks on a town last weekABC News - World -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
Opponents Will Use AI to Mess With Election, Officials Warn
Foreign foes will harness the technology to influence the vote, officials warn theSenate Intelligence Committee.Inc. - Business -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
FirstFT: US groups flock to Europe’s bond markets for lower rates
Also in today’s newsletter, Arup loses $25mn in deepfake scam and Britain’s homelessness problemFinancial Times - World -
Kerry Washington, Adam Kinzinger to help lead poll worker recruitment effort
Kerry Washington and former Rep. Adam Kinzinger (R-Ill.) are teaming up to help lead an effort to recruit election poll workers ahead of November. The former "Scandal" star and the ex-congressman will be among the co-chairs on an advisory council ...The Hill - Politics -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
‘Reverse Yankee’ deals boom as Europe’s low borrowing costs lure US groups
American companies issue €30bn in euro-denominated bonds as investor demand for European corporate debt growsFinancial Times - Business -
Insurer warns owners of ‘Saltburn effect’ from using stately homes for filming
Owners of historic buildings used in likes of Bridgerton warned of potential damage to possessions and reputations. When the owner of Drayton House in Northamptonshire was approached to allow his 127-room mansion to be the location of a film ...The Guardian - World -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
Boebert heckled in New York while defending Trump
Rep. Lauren Boebert (R-Colo.) was heckled outside the Manhattan courthouse Thursday where she was attempting to defend former President Trump at his criminal hush money trial. As Boebert and several other Republicans broke away from a makeshift ...The Hill - Politics - New York -
AMD supplants Nvidia as this analyst’s top chip stock — but he still likes both
AMD’s stock advances as Wolfe Research writes positively of the company’s AI traction.MarketWatch - Business -
Caitlin Clark, Fever facing plenty of growing pains early after another blowout loss in home debut
The atmosphere was electric for Clark's home debut and there were brief flashes from the Fever, but it's clear they've got plenty to work on before they can compete with the WNBA's elite teams.Yahoo Sports - Sports