Joe Biden Kevin McCarthy meeting yields no debt ceiling deal

U.S. Household Speaker Kevin McCarthy (R-CA) talks to reporters soon after he satisfied with U.S. President Joe Biden to explore the federal personal debt restrict and spending, at the White…

Black Swan Fund Manager Sees ‘Tinderbox-Timebomb’ in Financial Markets

(Bloomberg) — Universa Investments, the hedge fund advised by “The Black Swan” writer Nassim Taleb, instructed clients that ballooning debts throughout the world-wide economic system are poised to wreak havoc…

JPMorgan reviews oversight of traders amid boom in financial markets – sources

LONDON, Jan 30 (Reuters) – JPMorgan Chase & Co. (JPM.N) is doing the job with KPMG to increase how the U.S. lender supervises its traders, sources with expertise of the…

The Fed and the stock market are set for a showdown this week. What’s at stake.

Let us get prepared to rumble. The Federal Reserve and investors appear to be locked in what 1 veteran market watcher has described as an epic video game of “chicken.”…

IMF warns of market impact of abrupt Bank of Japan policy change

The IMF has warned that an abrupt modify in Japan’s ultra-free monetary regime would have “meaningful spillover” results on world-wide economical marketplaces, underscoring the have to have for the Financial…

Redfin CEO Glenn Kelman calls housing market ‘stronger than anyone could’ve hoped’

The housing market is coming off a single of its most challenging years given that the economic disaster, but signals of a turnaround are rising early in 2023, in accordance…