How Kevin McCarthy’s Ouster Could Scramble 3 Key Washington Economic Debates
Issues of keen focus to the business community could be upended if either of the frontrunners to replace Kevin McCarthy takes the gavel.
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Fed’s Bid to Avoid Recession Tested by Yields Nearing 20-Year Highs
The Fed may be putting its hoped-for soft landing of the economy at risk by tacitly accepting a run-up in long-term interest rates.
McCarthy Ouster Raises Chances of Government Shutdown, Goldman Says
The ousting of House Speaker Kevin McCarthy could have ramifications for the stock market.
Supreme Court Weighs Fate of Consumer Agency That Vexes Banks, Riles GOP
The US Consumer Financial Protection Bureau, long target of conservatives, bane of the banking industry, now in fight of life at Supreme Court.
Traders Win Reprieve After ‘Political Circus’ of Shutdown Fight
An against-the-odds deal to avert a US shutdown is soothing nerves across Wall Street.
Bank of America Says 5% 10-Year Yield Requires Sentiment Boost
10yr Treasury yield reaching 5% depends whether investors are convinced economy will continue to strengthen and Fed will keep rates high for longer.
As Shutdown Looms, Companies Should Go Public 'Before Friday' -US SEC chief
Looming government shutdown would reduce SEC staffing to "skeletal" levels hindering its ability to respond to any market turmoil.
