| 单词 | default on |
| 例句 | And then, of course, the economy tanked and the country defaulted on its debt. The Darkest Minds 2012-12-18T00:00:00Z “They’re still rebuilding the Capitol and the White House, only it’s not going so well since, you know, they defaulted on all of their debt,” Liam said. The Darkest Minds 2012-12-18T00:00:00Z When princes defaulted on their debts to lesser banks, ruined bankers sold their wives and children into slavery and opened their own veins. A Dance with Dragons 2011-07-12T00:00:00Z Donahoe asked lawmakers to allow him to make "radical" changes to the centuries-old institution so it could avoid defaulting on its obligations. Postmaster General calls for 'radical changes' 2011-09-06T22:50:00Z Installments paid through the service are interest-free; if a couple defaults on a payment, they are subject to any penalties stated in their contract with a venue. Marry Now, Pay Later: New Services Put Weddings on Installment 2022-09-22T04:00:00Z About a year later Bank Credit Lyonnais seized control of the studio after Parretti defaulted on his loans -- liabilities that were estimated at $2.5 billion. Kirk Kerkorian dies: Hollywood legacy included philanthropy 2015-06-16T04:00:00Z With the last of her cash, she bought a bus ticket back to campus, where within a few weeks she defaulted on her rent. The Forsaken: A Rising Number of Homeless Gay Teens Are Being Cast Out by Religious Families 2014-09-12T04:00:00Z This summer, Standard & Poor's lowered Deluxe's credit ratings amid concerns the company would default on its loans. Deluxe Entertainment names David Kassler its new CEO 2014-11-12T05:00:00Z Many of her co-workers use pay-later services, she said; several have defaulted on payments, and they aren’t the ones who use the loans for clothing. Would You Take Out a Loan to Buy This Week’s Groceries? 2022-08-29T04:00:00Z And interest rates are based on the understanding of risk, the probability that something will happen: in this case how likely the borrower is to default on the loan. William Leith: my problem with money 2020-06-14T04:00:00Z Fancifully enough, they envisaged Beijing "repossessing" an America that had defaulted on its huge Sino debt. Why Hollywood kowtows to China 2013-03-11T14:24:26Z It's not their fault they defaulted on their loan because they didn't understand the terms and financial institutions take advantage of that. Perspective | Carolyn Hax: Does personal accountability still exist? 2021-09-26T04:00:00Z There is a fascinating table which shows that Greece has been in default on its sovereign debt every other year on average since its independence in 1823. Advice for a new government 2010-05-07T23:07:00Z Predictably, default rates skyrocketed in the 1980s, with almost half of all students at these colleges defaulting on their loans. 'Phenomenally saddening': inside the sordid world of America's for-profit colleges 2018-11-09T05:00:00Z It is in default on $6 billion in interest and principle. Venezuela's PDVSA, in default, says total debt remained unchanged in 2019 2020-01-27T05:00:00Z After a bank crisis in 1857, however, plantation owners defaulting on furniture bills left his company bankrupt, and he later died in Milton. Antiques: Search for de Soto in Southeast Georgia 2010-05-20T22:44:00Z Sooner than you can say “leverage,” borrowers default on their loans, and the flimsy network Bennett has constructed comes toppling down, bringing public-school teachers’ pension funds and the Harvard endowment along with it. | 'Microcrisis': Just Give Me Your Tired, Your Poor and Their Money 2010-10-13T22:03:00Z Georges never complains of these duties, and would never default on his promissory note to Anne. Michael Haneke's Poignant Amour: The Flowers and the Stars 2012-05-21T18:43:58Z But the expansion collided with declining store sales, and the company found itself defaulting on a $48 million loan. Reinventing Betsey Johnson 2012-12-19T23:32:46Z But the new developer that was coming in defaulted on their loan. In ‘Cane Fire,’ When an Image of Paradise Creates Loss 2022-05-23T04:00:00Z But records show that Robert Wharton, chief executive officer of the Community and Economic Development Association of Cook County, subsequently defaulted on that settlement agreement, writing checks that bounced due to insufficient funds. Official wants CEO jailed for exploitation 2012-01-10T06:01:00Z By smuggling the words into some irrelevant side-box asking customers "Do you think Greece will 'default on' its debts?" Why David Cameron's war on internet porn doesn't make sense 2013-07-21T19:00:01Z The move wasn’t without controversy; just two years before, Greece had defaulted on its debt to the I.M.F. In an Ancient Greek Port, a New Cultural Hub 2021-09-13T04:00:00Z In time, nearly 90 percent of Florida’s municipalities were compelled to default on their bonds. Built on Sand: The Get-Rich-Quick Scams of 1920s Florida 2020-01-14T05:00:00Z Eventually his "two precious bank accounts were foreclosed" because of a default on payments and then the problems escalated. Microloans in Hackney | Feature 2010-03-21T00:07:00Z They graduate with more debt than students who have attended public and nonprofit institutions, and are more likely to default on their loans. 11 New Books We Recommend This Week 2017-03-16T04:00:00Z Soon afterwards, Argentina defaulted on its debt and devalued the peso - destroying the savings of many ordinary Argentines. Amid fresh meltdown, Argentine film gives last laugh to victims of... 2019-08-15T04:00:00Z According to a recent study conducted by the Brookings Institution, nearly 40 percent of borrowers may default on their student loans by 2023. Game show “Paid Off” targets the student loan crisis: A subversive warning about a looming em... 2018-07-10T04:00:00Z At some point the owner defaulted on the mortgage and in the 70s the city took over the property. The Housing Situation Is Dire. But Progress Is Still Possible. 2022-02-04T05:00:00Z Such a choice leaves many at the mercy of debt collectors if the slightest change in their circumstances causes them to default on repayments. "Squid Game": The real debt crisis shaking South Korea that inspired the hit TV show 2021-10-21T04:00:00Z The mock appeal began where the play ended: Shylock, the conniving Venetian Jewish moneylender, insists on collecting a pound of flesh from Antonio, who has defaulted on a loan. Justice Ruth Bader Ginsburg Presides Over Shylock’s Appeal 2016-07-27T04:00:00Z The story goes as follows: Mexico was in dire financial straits after the country defaulted on loans owed to France under Napoleonic rule. More than margaritas: What Cinco de Mayo is actually about 2022-05-05T04:00:00Z In 1979 the country similarly faced the danger of defaulting on its financial obligations; growth lagged; the Iranian revolution sparked turmoil in the Middle East. Viewing Like It?s 1979: Science Fiction and Fantasy 2011-09-17T23:45:19Z It was the first institution that borrowed through the trust to default on its debt. Folk Art Museum Considers Closing 2011-08-20T00:20:43Z In 2011, the American Folk Art Museum in New York was forced to sell its 10-year-old showcase space next to the Museum of Modern Art because it defaulted on construction loans. The Newseum was a grand tribute to the power of journalism. Here’s how it failed. 2019-02-01T05:00:00Z In 2009 the museum defaulted on the debt, the first institution ever to do so that borrowed through the trust. American Folk Art Museum Weighs Survival Strategies 2011-08-24T22:31:45Z When he first joined the mountain running tour, as a broke teenager, he’d default on his bills for a month or two to save enough to reach his next race. One step beyond: the ascent of mountain runner Kílian Jornet 2020-09-06T04:00:00Z The crash--particularly in the quieter communities of Nevada, California and Florida--is also attributable to investors defaulting on mortgages for secondary properties. Where Americans Are Losing Home Equity Most 2010-05-06T20:10:00Z Gone to the wall ... the US narrowly avoided defaulting on its 95%-of-GDP debt. Quiz: Debt in literature 2011-08-03T09:57:51Z The museum is the first organization to default on an agreement to pay off the bonds issued for it through the trust, which was created to help cultural institutions finance capital projects. American Folk Art Museum Struggling to Pay Bonds 2010-08-08T22:05:00Z The bank seized EMI in February after the label defaulted on the loan. EMI Is Sold for $4.1 Billion, Consolidating the Music Industry 2011-11-12T02:47:16Z “And certainly he was a very spirited and motivated man, defaulting on collecting taxes on people’s behalf in a Robin Hood way.” Ben Barnes Talks About ‘Sons of Liberty’ 2015-01-23T05:00:00Z There is no added interest if users default on payments, but outstanding bills may be sent to a debt collector, which can negatively affect a credit score. Marry Now, Pay Later: New Services Put Weddings on Installment 2022-09-22T04:00:00Z At Corinthian schools, students have been defaulting on private loans made directly by Corinthian itself to its own students — so-called institutional loans — at rates exceeding 50 percent. Can’t a capitalist be moral? 2012-06-17T22:00:00Z Department of Education doesn’t know how many parents have defaulted on the loans. Are student loans the new subprime mortgages? 2012-10-07T14:00:00Z That would put him over the 20 percent threshold that Lions Gate says would trigger a default on its debts. Carl Icahn steps up fight with Lions Gate 2010-06-11T15:42:00Z Early this year, the park’s corporate owners defaulted on a multi-million-dollar mortgage, and the auction was announced. Can This Amusement Park Be Saved? 2021-04-09T04:00:00Z As the fallout continues, the National Rugby League association is brokering a change of control of Tinkler's Newcastle Knights after he defaulted on a A$10.5-million bank guarantee in March. Australia's Tinkler sells horse stud in coal comeback bid 2014-05-21T04:00:00Z Mr. Holzer’s finances, however, soon took a beating and he defaulted on the house. The House That Calvin Klein Built 2013-08-30T21:08:57Z When she described Greece’s default on its I.M.F. loan as a case of “witting thievery,” she put extra top spin on the double “T.” Lionel Shriver Imagines America’s Collapse 2016-06-30T04:00:00Z When, at age 40, Rob Roy defaulted on a debt, the Duke of Montrose declared him an outlaw. Follow in the footsteps of Scottish folk hero on the Rob Roy Way 2017-09-15T04:00:00Z Citigroup is selling EMI, having bought it when buyout firm Terra Firma defaulted on loans owed to the US investment bank. EMI-Universal deal gets approval 2012-09-21T15:53:22Z Then the United States defaults on its loans; Treasury bills are rendered worthless. Lionel Shriver Imagines Imminent Economic Collapse, With Cabbage at $20 a Head 2016-07-11T04:00:00Z Just a few months ago, Congress brought the U.S. to the brink of defaulting on its more than $31 trillion in debt, a move that would have shaken world financial markets. US House Republicans plan shutdown-averting measure amid credit warning 2023-11-10T05:00:00Z That downgrade, two months after the United States narrowly avoided defaulting on its debt, was the second in America’s history. Moody’s Changes U.S. Credit Outlook to ‘Negative’ 2023-11-10T05:00:00Z It has joined a long list of Chinese property developers that are either working on debt restructuring proposals or have presented them to creditors after having defaulted on offshore debt over the past two years. Exclusive: Country Garden aims to have offshore debt restructuring plan by year end 2023-11-10T05:00:00Z Small-satellite launch firm Astra is also in dire financial straits and defaulted on a loan, though it received a temporary reprieve Monday with interim financing secured through the end of next week. Richard Branson's Virgin Galactic to lay off 185 employees 2023-11-08T05:00:00Z With the economy slowing and adding fewer jobs, banks are anticipating more consumers could default on credit-card payments and mortgages, hurting profits. As bad debts soar, Canadian banks eye asset sales to boost capital 2023-11-08T05:00:00Z The property developer last month missed a deadline to pay a $15 million coupon and the market has deemed it to be in default on its offshore bonds which total some $11 billion. Exclusive: China authorities ask Ping An to take controlling stake in Country Garden, sources say 2023-11-08T05:00:00Z Even now, a government lawyer said on the first day of trial, Google spends $10 billion a year to ensure that its search engine remains the default on devices of all kinds. Column: Google's dominance affects us all. Why is its trial being held in secret? 2023-11-02T04:00:00Z "The UK hasn't defaulted on its debts since 1672 and the US has never defaulted." The flashing warning sign that is worrying investors 2023-10-31T04:00:00Z The company, which has more than $300 billion of liabilities, defaulted on its offshore debt in late 2021 and became the poster child of a debt crisis that has since engulfed China's property sector. Analysis: Evergrande will struggle to revive its debt restructuring plan 2023-10-31T04:00:00Z A monkey wrench in all this is the bipartisan Fiscal Responsibility Act of 2023, which became law in June to thwart the federal government defaulting on its debt. Here’s How to Bring Mars Down to Earth: Let NASA Do What NASA Does Best 2023-10-30T04:00:00Z Evergrande, which has more than $300 billion of liabilities, defaulted on its offshore debt in late 2021 and became the poster child of a debt crisis that has since engulfed China's property sector. China Evergrande winding-up hearing adjourned as it seeks new debt deal 2023-10-30T04:00:00Z Evergrande has been in crisis since it defaulted on its debt obligations two years ago. China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court 2023-10-29T04:00:00Z It defaulted on its debts two years ago and has been working on a new repayment plan ever since. Court gives Evergrande one last chance to agree debt deal 2023-10-30T04:00:00Z Partisan disputes brought the federal government to the brink of defaulting on its then-$31.4 trillion in debt in May, an event that would have shaken the world financial system. With House speaker installed, US Congress returns to spending battles 2023-10-26T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Israel aims fire at southern Gaza as world leaders seek pause in fighting 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Turkey's Erdogan says Hamas is not terrorist organisation 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Brazil police launch fresh raids over Jan. 8 riots, Bolsonaro ally searched 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. US, Australia to discuss China, Pacific security in White House visit 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Florida's DeSantis bans pro-Palestinian group from state campuses 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Hurricane Otis tears through Mexico's Acapulco as Category 4 storm 2023-10-25T04:00:00Z Chinese developer Country Garden Holdings has been deemed in default on a U.S. dollar bond for the first time, Bloomberg News reported on Wednesday, citing a notice. Sudanese army, paramilitary RSF to return to Jeddah negotiations 2023-10-25T04:00:00Z China's biggest private property developer, had been deemed in default on a U.S. dollar bond for the first time. Stocks struggle as soft earnings compound interest-rate headache 2023-10-25T04:00:00Z Five months ago, President Biden canceled a trip to Australia because the United States was on the brink of defaulting on its debt, and it seemed like a bad time to leave town. On the Agenda for Australia’s State Visit: China, Trade and a U.S. Marine Band 2023-10-24T04:00:00Z He co-founded the House Freedom Caucus, which has used political brinksmanship - under threat of government shutdowns and even a national default on the debt - to bend centrist and establishment Republicans farther to the right. Republicans back to square one as Speaker crisis deepens 2023-10-20T04:00:00Z In a sign of caution, however, AmEx boosted its provisions for credit losses to $1.23 billion, up 58% from last year, to account for the increased likelihood of consumers defaulting on their debt. AmEx's third-quarter profit tops estimates on robust spending 2023-10-20T04:00:00Z In June, he spoke from there about a bipartisan deal he reached with Congress to avoid defaulting on the nation’s debt. Biden declares Putin, Hamas threats to democracy in prime-time speech 2023-10-19T04:00:00Z In June, he spoke from behind the Resolute Desk about a bipartisan agreement to avoid defaulting on the nation’s debt, an agreement that Republicans in the House later abandoned. Biden to Deliver Oval Office Address as He Seeks Aid for Israel and Ukraine 2023-10-19T04:00:00Z India and others that China is engaging in “debt trap” diplomacy: Making loans Beijing knew governments would likely default on, enabling Chinese interests to take control of the assets. Putin feted by Xi at summit in sign of growing strategic alignment 2023-10-18T04:00:00Z Weak demand for offices could trigger a wave of borrowers to default on their loans and put pressure on banks and other lenders, which are hoping to avoid selling loans at significant discounts. Banks report continued pain on commercial real estate loans 2023-10-19T04:00:00Z The Justice Department has called witnesses who testified about Google's payments, billions of dollars annually, to smartphone makers and wireless companies to make Google search the default on devices, and win more users. Google executive defends search quality in US antitrust trial 2023-10-18T04:00:00Z China's biggest private property developer Country Garden is believed to have become the latest property giant to default on its overseas debt. Country Garden: China property giant default fears grow 2023-10-18T04:00:00Z China's biggest private property developer, expired earlier in the day, fuelling fears that it had defaulted on its offshore debt. China's Q3 GDP growth, Sept activity show economic recovery gaining traction 2023-10-18T04:00:00Z China's biggest private property developer, to make a coupon payment to its bond investors or risk defaulting on its $11 billion in overseas debt, which would deepen the country's real estate crisis. China's falling property sales, investment weigh on recovery 2023-10-18T04:00:00Z China's biggest private property developer, is hours away from defaulting on its $11 billion in overseas debt, yet to make a coupon payment due on Wednesday to its bond investors. China's Country Garden offshore debt default looms 2023-10-18T04:00:00Z Staying in China, the country's largest private property developer Country Garden is lurching toward defaulting on its offshore debt if it is deemed not to have made a $15 million coupon payment on Tuesday. Morning Bid: China GDP eyed as global cross currents swirl 2023-10-17T04:00:00Z Sri Lanka, along with Zambia, is one of the countries that have defaulted on their debt to China and other international lenders. Here are the key leaders joining the Belt and Road forum and their wish lists to Beijing 2023-10-16T04:00:00Z That has led to allegations by the U.S. and others that China was engaging in “debt trap” diplomacy: Making loans they knew governments would default on, allowing Chinese interests to take control of the assets. How China’s Belt and Road Initiative is changing after a decade of big projects and big debts 2023-10-16T04:00:00Z As earnings reports arrive, investors will also focus on comments from bank executives about whether Americans are defaulting on loans and paying back credit card debt. Wall St Week Ahead Investors zero in on health of consumer with retail sales, earnings 2023-10-13T04:00:00Z In 2002, Brazil obtained IMF loans to avoid defaulting on its debts. IMF: What is it and why does it matter? 2023-10-10T04:00:00Z It had avoided defaults on debt even as rivals such as China Evergrande, the world’s most heavily indebted property firm, defaulted in 2021 after the Chinese government began restricting borrowing by developers. Chinese developer Country Garden says it can’t meet debt payment deadlines after sales slump 2023-10-10T04:00:00Z Many other Chinese developers are also facing winding-up petitions filed after the sector plunged into a debt crisis in 2021, resulting in many firms defaulting on their debt obligations. China developer Kaisa tells court creditors will get less than 5% back if liquidated 2023-10-10T04:00:00Z Companies accounting for 40% of Chinese home sales - mostly private property developers - have defaulted on debt obligations since a liquidity crisis hit the sector in 2021, leaving many homes unfinished. China's Country Garden warns it could fail to pay offshore debt obligations 2023-10-10T04:00:00Z On the good government side, McCarthy compromised with Biden and Democrats twice to prevent the U.S. from defaulting on its debt and to keep government doors open. Column: McCarthy devoured by the tiger he created 2023-10-09T04:00:00Z Companies accounting for 40% of Chinese home sales - mostly private property developers - have defaulted on debt obligations, leaving many homes unfinished. Chinese developer Country Garden faces fresh offshore payments deadline 2023-10-09T04:00:00Z He added that Beijing was also cautious about letting another BRI country default on its debt after Sri Lanka. ‘I feel hopeless': Living in a country on the brink 2023-10-08T04:00:00Z However, nearly two years after its default on offshore debt, Kaisa has yet to announce a restructuring plan. China developer Kaisa tells court creditors will get less than 5% back if liquidated 2023-10-10T04:00:00Z It subsequently defaulted on much of its debt payments. How Ghana's central bank lost $5bn in one year 2023-10-05T04:00:00Z “It’s unacceptable that Fondomonte has continued to pump unchecked amounts of groundwater out of our state while in clear default on their lease,” Hobbs said in a written statement. Saudi firm that grows hay in California and Arizona to lose farm leases over water issue 2023-10-05T04:00:00Z It's why Republicans are constantly threatening to default on the national debt and/or shut down the government. Holy entitlement, Batman! Republicans are furious Democrats didn't save Kevin McCarthy from himself 2023-10-05T04:00:00Z Despite a growing number of Chinese property developers having defaulted on debt obligations since a liquidity crisis hit the sector in 2021, Beijing has not directly stepped in to bail out any firm so far. Evergrande crisis tests Beijing's fallout management as creditor jitters mount 2023-10-05T04:00:00Z Disputes between Republicans and Democrats have triggered three partial government shutdowns in Washington in the past decade and earlier this year brought the federal government within days of defaulting on $31.4 trillion in debt. Two-thirds in US say partisan squabbles hamper Congress: Reuters/Ipsos poll 2023-10-04T04:00:00Z The testimony on advertising is a change from previous testimony that has focused on the billions of dollars that Google has spent to keep its search engine the default on smartphones and other devices. US in antitrust trial accuses Google of illegal methods to push up ad prices 2023-10-04T04:00:00Z He steered a narrow majority, currently 221-212, through a long spring standoff that saw the U.S. come perilously close to defaulting on its $31.4 trillion in debt. Kevin McCarthy's wild ride as US House speaker ends in historic fall 2023-10-04T04:00:00Z Democrats in Congress won't allow the U.S. to default on its debt, causing worldwide economic catastrophe. Holy entitlement, Batman! Republicans are furious Democrats didn't save Kevin McCarthy from himself 2023-10-05T04:00:00Z It was the latest moment of high drama in a year when the Republican-controlled House brought Washington to the brink of a catastrophic default on U.S. debt of $31.4 trillion and a partial government shutdown. Kevin McCarthy ousted as House Speaker in historic vote 2023-10-03T04:00:00Z It defaulted on its debts in 2021, triggering a property crisis in China. Evergrande: Shares in crisis-hit property giant jump in market return 2023-10-03T04:00:00Z Because they lack numerical support, they try to leverage potential crises — defaults on the national debt, government shutdowns, including the cliffhanger over the weekend — to extract legislative concessions they can’t win on the merits. Opinion: In the Matt Gaetz vs. Kevin McCarthy battle, the GOP's stupidity and hypocrisy is showing 2023-10-02T04:00:00Z Nadella was dismissing an argument that Google has made - that it is easy to change defaults on devices. Microsoft CEO calls Google mobile search argument 'bogus' 2023-10-02T04:00:00Z But while the Welsh Conservatives agreed that the speed limit should be 20mph outside schools and hospitals, the party opposed it becoming the default on all restricted roads. 20mph: Andrew RT Davies blasts speed limit as 'extreme ideology' 2023-10-01T04:00:00Z The standoff comes just months after Congress brought the federal government to the brink of defaulting on its $31.4 trillion debt. US Congress tees up votes in last-minute scramble to avert shutdown 2023-09-30T04:00:00Z After filing for bankruptcy protection last month — nearly two years after the company defaulted on payments to some creditors — Evergrande appeared on the path toward a more typical debt restructuring for creditors. Why Evergrande’s Problems Are Only Getting Worse 2023-09-30T04:00:00Z The shutdown would be the fourth in a decade and comes just four months after a similar standoff brought the federal government within days of defaulting on its $31 trillion -plus in debt. Hardline Republican holdouts push U.S. government closer to shutdown 2023-09-29T04:00:00Z It spent billions on chip-related acquisitions but also unrelated, unprofitable businesses ranging from real estate to online gambling that eventually led it to default on bond payments in late 2020 and face bankruptcy. Evergrande founder joins list of Chinese tycoons investigated, arrested 2023-09-29T04:00:00Z His video game company, 38 Studios, went bankrupt and defaulted on a $75 million loan from the state of Rhode Island. Red Sox say Tim Wakefield is in treatment, asks for privacy after illness outed by Schilling 2023-09-28T04:00:00Z Fitch, another major ratings agency, already downgraded the U.S. government to "AA+" after Congress flirted with defaulting on the nation's debt earlier this year. Shutdown odds grow as Senate, House advance separate spending plans 2023-09-28T04:00:00Z When the firm defaulted on its huge debts in 2021, it sent shockwaves through global financial markets as the property sector contributes to roughly a quarter of China's economy. Evergrande: China property giant suspends shares amid reports of detained leaders 2023-09-27T04:00:00Z The standoff comes four months after Washington flirted with defaulting on the nation's more than $31 trillion in debt, a move that would have rocked financial markets worldwide. Shutdown countdown: US Congress has four days to fund government 2023-09-27T04:00:00Z Evergrande defaulted on its debts two years ago and has been working on a new repayment plan ever since. Evergrande shares slide as mainland unit misses debt payment 2023-09-26T04:00:00Z Several hotel owners defaulted on loans backing various hotels in 2020, when travel plummeted at the start of the coronavirus pandemic. US hotel loan defaults could rise on falling leisure stays, climbing costs 2023-09-21T04:00:00Z Gabriel Weinberg of DuckDuckGo said that Google’s deals to make its search engine the default on browsers and other platforms blocked its ability to compete effectively. C.E.O. of Google Rival Describes Obstacles to Efforts to Compete 2023-09-21T04:00:00Z Mr Kazungu was arrested after his landlord had reported him to police for defaulting on rent payments for seven months. Rwandan serial killer who hid bodies in kitchen pleads guilty 2023-09-21T04:00:00Z This makes it easier to qualify since he or she will also be responsible for making the payments should you default on your obligation. How To Lease A Car With Bad Credit 2018-03-21T04:00:00Z If you happen to default on the loan by failing to make payments, the lender will have the right to repossess the collateral through a specific legal process. How To Use A Car Title As Collateral For A Personal Loan 2018-03-21T04:00:00Z If you default on the loan, the bank will take the collateral and sell it to recover its money. Advantages & Disadvantages Of A Bank Loan 2018-03-21T04:00:00Z The process of recovering from defaulting on a student loan is difficult. If My Student Loan Is in Default, Is There Any Way That I Can Get My Tax Refund This Year? 2018-06-26T04:00:00Z Conversely, if you have defaulted on your student loans, returning to school will be a problem. Can You Go Back to College if You Owe on Your Student Loan? 2018-09-19T04:00:00Z A government shutdown is not seen as toxic a threat to the economy as a default on its debt, which Congress avoided by raising the debt ceiling earlier this year. Full US government shutdown likely, could impact Fed -PIMCO 2023-09-19T04:00:00Z Lenders won’t assert their lien holder’s rights unless you default on the loan agreement, however. How To Use A Car Title As Collateral For A Personal Loan 2018-03-21T04:00:00Z Sunac is among a string of Chinese property developers that have defaulted on their offshore debt payment obligations since the sector was hit by a liquidity crisis in 2021, roiling global markets. Sunac wins creditors' approval for offshore debt restructuring plan 2023-09-18T04:00:00Z If an individual defaults on a student loan, they will have to go through a number of steps to satisfy their lender. If My Student Loan Is in Default, Is There Any Way That I Can Get My Tax Refund This Year? 2018-06-26T04:00:00Z Sunac is among a string of Chinese property developers that have defaulted on their offshore debt payment obligations since the sector was hit by an unprecedented liquidity crisis in 2021, roiling global markets. Sunac wins creditors' approval for its offshore debt restructuring plan 2023-09-18T04:00:00Z It is currently attempting to restructure its business after defaulting on its debts and making massive losses. China police detain staff at Evergrande wealth unit 2023-09-18T04:00:00Z Hardline House Republicans want more stringent spending cuts than what Mr. McCarthy and President Biden agreed to earlier this year during negotiations to avoid a default on the national debt. Government shutdown ‘would only give strength to the Democrats,’ McCarthy warns GOP rebels 2023-09-17T04:00:00Z The group is undergoing a restructuring plan, including offloading assets, to avoid defaulting on $340 billion in debt. Chinese police detain wealth management staff at the heavily indebted developer Evergrande 2023-09-17T04:00:00Z They will forgo as much as 25 percent of their total income to slowly cover the cost of the loan that they defaulted on. If My Student Loan Is in Default, Is There Any Way That I Can Get My Tax Refund This Year? 2018-06-26T04:00:00Z One big question was: Do people stick with defaults on their computers and smartphones or do they switch if they don't like the default? Verizon executive kicks off week two of US v Google antitrust trial 2023-09-15T04:00:00Z King County has fewer loans at risk for default on the books than the national average, but Pierce County has more, according to AEI modeling. Buying a Seattle-area home with low down payment? Here’s what to expect 2023-09-15T04:00:00Z The government's first witness Tuesday was Google economist Hal Varian, who was asked about discussions inside the company about the importance of scale and of Google becoming the default on home pages. US presses on with fight against Google's search and advertising clout 2023-09-13T04:00:00Z One of the few large Chinese developers that have not defaulted on debt obligations, Country Garden has been facing liquidity pressure as sales plunged, its interim financial statements show. Country Garden gets another debt reprieve as some offshore creditors weigh options 2023-09-13T04:00:00Z If a person is able to make a number of payments on the student loan that they defaulted on, they do have the possibility of being restored to a status of “good standing.” If My Student Loan Is in Default, Is There Any Way That I Can Get My Tax Refund This Year? 2018-06-26T04:00:00Z Although it is one of the few leading private developers in China that has not defaulted on offshore debt obligations, Country Garden last week narrowly dodged default with a last-minute $22.5 million coupon payment. Country Garden bondholders in talks with law firm Ashurst about legal options -sources 2023-09-13T04:00:00Z The government's first witness was Google economist Hal Varian, who was asked about discussions inside the company in the mid- and early 2000s about the importance of Google becoming the default on home pages. Google defends billions paid to Apple, others that kept its search on top 2023-09-12T04:00:00Z Country Garden, one of the few large Chinese developers that has not defaulted on debt obligations, has faced liquidity pressure with reduced available funds as sales plunged, its interim financial statements showed. Country Garden wins repayment extension for 6 onshore bonds -sources 2023-09-12T04:00:00Z By that time the Washington Public Power Supply System, which had earned the derisive nickname pronounced “Whoops,” in 1982 defaulted on $2.2 billion in bonds issued to finance construction of those reactors. Oops! Are we about to make a WPPSS-style nuclear power mistake again? | Op-Ed | Op-Ed 2023-09-11T04:00:00Z To prevent garnishment of tax returns and income, the individual who defaulted on their loan must contact their lender so that a repayment plan can be drawn up. If My Student Loan Is in Default, Is There Any Way That I Can Get My Tax Refund This Year? 2018-06-26T04:00:00Z In a coincidence of timing, I was no longer on the hook for the other half of my student loan debt — private loans I had defaulted on, totaling about $12,700. I Stopped Paying My Private Student Loans, and Somehow Got Lucky 2023-09-09T04:00:00Z They were called after the suspect had defaulted on rent payments for months. Rwanda suspected serial killer arrested after bodies found in kitchen 2023-09-07T04:00:00Z Country Garden, one of the few large Chinese developers that have not defaulted on debt obligations, has been facing liquidity pressure with reduced available funds as sales plunged, its interim financial statements show. Analysis: Default dodged, but Country Garden's upcoming debt payments stir worries 2023-09-07T04:00:00Z Country Garden, China’s biggest property developer, told creditors that it had made a late interest payment, averting an immediate default on its debts and keeping the company financially viable for the time being. Country Garden Makes $22.5 Million Payment, With $15 Billion To Go 2023-09-05T04:00:00Z Its financial problems have rippled through the country's property industry, with a series of developers defaulting on their debts and leaving building projects unfinished across the country. Country Garden: Property shares jump on debt reprieve 2023-09-04T04:00:00Z Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on its debts. Country Garden: Debt crisis-hit China property giant in record loss 2023-08-30T04:00:00Z Evergrande has been working to renegotiate its agreements with creditors after defaulting on debt repayments. Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss 2023-08-27T04:00:00Z Russia has defaulted on its foreign bonds for the first time since the calamitous months following the 1917 Bolshevik revolution. Blood and billions: the cost of Russia's war in Ukraine 2023-08-23T04:00:00Z The cost of insuring against a default on U.S. banks has also edged up. Shares of US banks drop after S&P downgrades some ratings 2023-08-22T04:00:00Z A string of Chinese property developers have defaulted on their offshore debt obligations since then, leaving unfinished homes, plunging sales and shattering investor confidence in a blow to the world's second-largest economy. China Evergrande files for protection in US court as part of $32 bln debt overhaul 2023-08-18T04:00:00Z The firm warned that it could default on its debts "if the financial performance of the group continues to deteriorate in the future". Country Garden: Debt crisis-hit China property giant in record loss 2023-08-30T04:00:00Z Evergrande's financial problems have rippled through the country's property industry, with a series of other developers defaulting on their debts and leaving unfinished building projects across the country. Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss 2023-08-27T04:00:00Z China Evergrande, a behemoth property developer, filed for bankruptcy protection on Thursday more than two years after it defaulted on its debt. China Evergrande, Giant Real Estate Firm, Files for U.S. Bankruptcy 2023-08-17T04:00:00Z So far, China has largely managed to avoid a spillover of a debt squeeze in the property sector to the country’s $57 trillion financial industry despite a rising number of developers defaulting on repayment obligations. China's economic woes mount as trust firm misses payments, home prices fall 2023-08-16T04:00:00Z Nomura said a wave of defaults on trust products could cause "substantial ripple effects" for China's broader economy as losses suffered by individual investors, lured by higher returns, would have an acute impact on consumption. Analysis: China trust deficit: crisis spurs shadow banking policy response calls 2023-08-15T04:00:00Z Markets are jittery as more developers default on bond payments amid no signs of stronger support measures from Beijing. Country Garden shares slump to record low after onshore bond trading halted 2023-08-14T04:00:00Z The firm, which defaulted on its debts in late-2021, reported its long overdue earnings to investors. China property giant Country Garden warns of up to $7.6bn loss 2023-08-10T04:00:00Z The financial sanctions could lead to a default on Niger's debt repayments. Factbox: What sanctions have been imposed on Niger since coup? 2023-07-31T04:00:00Z By 2012, Smith Tower was mostly empty, Walton Street had defaulted on its mortgage and the building was sold at a foreclosure auction. One of Seattle's oldest skyscrapers is for sale 2023-08-08T04:00:00Z Large institutions, such as Brookfield Asset Management, Blackstone and an office landlord tied to Pacific Investment Management, have chosen to cut their losses on some buildings, defaulting on debt. Property loans are so unappealing that banks want to dump them 2023-08-07T04:00:00Z EY said that the buyer, Recharge Industries, had therefore defaulted on its agreement to buy the business. Britishvolt buyer hasn't made final payment, administrators say 2023-08-07T04:00:00Z Fitch, which made the call two months after the United States narrowly avoided defaulting on its debt, cited “the repeated debt-limit political standoffs and last-minute resolutions.” ‘Vindicating’: An Analyst Who Lowered the U.S.’s Credit Rating in 2011 on Fitch’s Downgrade 2023-08-05T04:00:00Z "It has become very difficult again in the past few months for us to withdraw money from the escrow accounts," an executive at one of the developers that has defaulted on its debt obligations said. Exclusive: Chinese cities tighten property firms' access to escrow funds 2023-08-02T04:00:00Z One in twenty renters and one in thirty mortgage holders defaulted on a payment, it estimated. Missed bill payments back to winter levels, says Which? 2023-08-01T04:00:00Z In June the government succeeded in lifting the debt ceiling to $31.4 trillion but only after a drawn-out political battle, threatening to push the country into defaulting on its debts. Fitch downgrades US credit rating from AAA to AA+ 2023-08-01T04:00:00Z Rice importers have no choice but to pay higher rates as sellers will default on contracts, given the substantial increase in prices of the staple, traders said. Exclusive: Thai, Vietnamese exporters renegotiate 500,000 T of rice deals 2023-08-01T04:00:00Z China recently played a key role in helping Pakistan avoid a default on a debt payment. Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says 2023-07-31T04:00:00Z In recent months, China has helped Pakistan avoid a default on sovereign payments. Pakistan holds funerals as government vows to hunt down those behind the weekend’s suicide bombing 2023-07-31T04:00:00Z If it cannot secure fresh funds before an approaching deadline, Argentina risks defaulting on repayments to the IMF. Analysis: Argentine IMF concessions risk further fueling red hot inflation 2023-07-25T04:00:00Z In May, the White House and Republican leaders struck a deal that included lifting the debt ceiling to avoid the U.S. potentially defaulting on its debts. Biden will veto House military, health and agriculture spending bills 2023-07-24T04:00:00Z While large exporting houses are likely to fulfil contracts, smaller trading companies are expected to default on shipments, traders said. Exclusive: Thai, Vietnamese exporters renegotiate 500,000 T of rice deals 2023-08-01T04:00:00Z The credit card issuer is setting aside more money for possible defaults on payments. Scholastic, Autoliv rise; American Express, CSX fall, Friday, 7/21/2023 2023-07-21T04:00:00Z Concerns are also brewing over the health of Chinese property developers, after rating agencies warned Wanda Commercial could default on its debt repayment. Asian shares fall after US tech falters, dollar and yields hold gains 2023-07-21T04:00:00Z Some collapsed and others defaulted on billions of dollars of debts to Chinese and foreign bond holders. China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors 2023-07-18T04:00:00Z "I started defaulting on loans. I forged my partner's signature to get a guarantee for a new loan." Loot boxes: Games companies agree to restrict access in UK 2023-07-18T04:00:00Z The firm, which defaulted on its debts in late-2021, reported its long overdue earnings to investors in Hong Kong. Evergrande: Crisis-hit Chinese property giant reveals $81bn loss 2023-07-17T04:00:00Z In the worst of the crisis last year, the country defaulted on its foreign debt for the first time in its history. Is the worst over for Sri Lanka's economic crisis? 2023-07-17T04:00:00Z Sri Lanka and Ghana defaulted on their international debts in 2022, roughly two years after Zambia defaulted. In India, G20 finance chiefs set to address global challenges like climate change and rising debt 2023-07-16T04:00:00Z This fresh cash means Pakistan is unlikely to default on its debt in the next six to nine months, said de Sousa. Analysis: Pakistan and Argentina bonds' surge belies bigger reform hurdles 2023-07-17T04:00:00Z Sri Lanka and Ghana defaulted on their international debts last year, roughly two years after Zambia defaulted. Yellen is visiting India yet again to promote closer ties and tackle global economic problems 2023-07-15T04:00:00Z Its financial problems have rippled through the country's property industry, with a series of other developers defaulting on their debts and leaving unfinished building projects across the country. Evergrande: Crisis-hit Chinese property giant reveals $81bn loss 2023-07-17T04:00:00Z The country doesn’t have funds to solve its overspending because it has lost access to the international debt market after multiple defaults on its loans. Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 2023-07-14T04:00:00Z U.S. lenders have been stockpiling funds to prepare for consumers defaulting on loan payments as an economic slowdown looms. Wells Fargo profit surges 57% on higher interest income from customers 2023-07-14T04:00:00Z The South Asian nation was on the brink of defaulting on its debts and had barely enough in foreign currencies to pay for a month of imports. Pakistan gets final approval for $3bn IMF bailout 2023-07-12T04:00:00Z However, it said there are several factors that should limit the number of people who have to default on their mortgages. Bank of England says UK banks are resilient enough to offer struggling households support 2023-07-12T04:00:00Z There have been no defaults on the group's debt, Vedanta Chairman Anil Agarwal has said. Foxconn targets India's chip scheme after pulling plug on $19.5 bln JV 2023-07-11T04:00:00Z In May, lenders to the company filed a suit in a US court, accusing it of defaulting on payments and breaching terms of the loan agreement, including months-long delays in releasing financial statements. Byju's: The unravelling of India's most valued start-up 2023-07-09T04:00:00Z Ali hasn’t denied that Getty loaned him the money, nor that he defaulted on the initial loan after repaying only $1,000. Yashar Ali's future income is forfeit until Getty heir is paid in full, judge says 2023-07-06T04:00:00Z After eight months of negotiations, both the sides signed a staff-level agreement on Friday for the bailout, to avert a imminent default on sovereign debt. Pakistan PM hopes for bailout approval from IMF board on July 12 2023-07-05T04:00:00Z Many of those borrowers, including several African nations, have struggled economically since the pandemic and face the possibility of defaulting on their debt payments. Yellen’s China Visit Aims to Ease Tensions Amid Deep Divisions 2023-07-04T04:00:00Z The lack of jobs, other fees involved and a lack of clarity about what will happen to employees who default on repayments, mean the loan does not work for her family, she says. Nigeria offers students loans - they want jobs 2023-07-02T04:00:00Z Office loans have posed concerns for some U.S. lenders as property values decline and more borrowers default on their loans. US regulators ask lenders to work with stressed commercial real estate firms 2023-06-29T04:00:00Z The fight in Congress, for example, over the government’s borrowing limit, which could have triggered a default on Treasury securities, was resolved without much disruption in financial markets or discernible impact on the economy. Is it a ‘richcession’? A ‘rolling recession’? Maybe no recession? 2023-06-28T04:00:00Z As countries like Austria, Hungary and Poland block any meaningful attempt to equitably share out refugees arriving in Greece, Italy, Malta or Spain, the work focuses by default on preventing migrants from entering. New migrant tragedy at sea changes little as EU leaders forge ahead with tougher borders plans 2023-06-28T04:00:00Z Last year, Sri Lanka defaulted on its debt with international lenders for the first time in its post-independence history. Sri Lanka: Five-day bank holiday for domestic debt restructuring 2023-06-29T04:00:00Z The office warned that the number of defaults on pandemic loans could increase over the next two years as payments come due. Facing Bankruptcy After a $700 Million Bailout 2023-06-27T04:00:00Z The owner of two of the financial district’s premier office towers, 777 Tower and Gas Company Tower, said in February that it defaulted on loans tied to the buildings. As high-rise offices lose their luster, can this part of downtown L.A. find a way forward? 2023-06-20T04:00:00Z But would-be homeowners have been put off as developers have defaulted on their debts and failed to finish apartments buyers had paid for in advance. China’s Rebound Hits a Wall, and There Is ‘No Quick Fix’ to Revive It 2023-06-19T04:00:00Z The lender expects losses in office loans, which have seen some pressure as property values have declined and more borrowers are defaulting on their loans. Wells Fargo CFO expects upside in net interest income 2023-06-13T04:00:00Z Credit ratings agency Fitch on Friday downgraded Tunisian debt deeper into "junk" territory, underscoring the possibility it will default on loans, prompting a collapse in state finances that could cause widespread hardship. Tunisia will not be Europe's border guard, president says 2023-06-10T04:00:00Z After Three Arrows defaulted on that loan, Voyager became insolvent, and the savings of millions of its customers vanished. Their Crypto Company Collapsed. They Went to Bali. 2023-06-09T04:00:00Z It’s withstood the highest interest rates since 2007, three high-profile collapses of U.S. banks since March, another threat by the U.S. government of an economy-shaking default on its debt and a series of other challenges. Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street 2023-06-08T04:00:00Z Sri Lanka defaulted on repayment of its foreign debts and sought the support of international partners and organizations to resolve the crisis. US company signs agreement to enter retail fuel market in crisis-hit Sri Lanka 2023-06-08T04:00:00Z Property companies were among the biggest high-yield issuers in Asia and many aim to use shares of their listed entities to restructure offshore debt after having defaulted on their repayment obligations. China property liquidation risk heightened by delisting threat, says S&P 2023-06-07T04:00:00Z The conservative West Virginia Democrat suggested the delay was responsible for nearly going over a fiscal cliff and narrowly averting a first-ever default on the national debt. Joe Manchin says White House miscalculated by refusing to negotiate on debt limit 2023-06-04T04:00:00Z “In order for this country to not default on its bills, we then turned and made our most vulnerable communities default,” said Rep. Cori Bush, D-Mo. Debt deal imposes new work requirements for food aid and that frustrates many Democrats 2023-06-03T04:00:00Z “Nothing would have been more catastrophic,” he said, than defaulting on the country’s debt. Biden set to sign debt ceiling bill that averts prospect of unprecedented federal default 2023-06-03T04:00:00Z Mr. Biden is expected to sign the bill on Saturday, narrowly averting the economic chaos caused by the first-ever default on the nation’s debt. Biden hails debt bill as bipartisan achievement in prime-time address 2023-06-02T04:00:00Z The Senate on Thursday passed a bill that lets the government keep borrowing above the $31.4 trillion limit through Jan. 1, 2025, averting the U.S. defaulting on its bills just days ahead of the deadline. Biden: Strong jobs numbers show economic plan is working 2023-06-02T04:00:00Z President Biden is scheduled to deliver a rare Oval Office address on Friday evening after congressional passage of legislation that narrowly averts the economic calamity of a first-ever default on the nation’s debt. Biden to Deliver Oval Office Address as U.S. Averts Default 2023-06-02T04:00:00Z Many struggled to square cutting access to food for marginalized communities with an outcome that allowed the United States to avoid defaulting on its debt. Debt deal imposes new work requirements for food aid and that frustrates many Democrats 2023-06-03T04:00:00Z The deadline for the government defaulting on some of its obligations has been set for Monday. Most in GOP praise virtuoso performance by McCarthy in debt deal 2023-06-01T04:00:00Z Mr. Biden addressed the graduates as the Senate in Washington scrambled to approve a House-passed bill to avert a default on U.S. debt. Biden says U.S. is trusting Air Force grads to confront an ever-changing world 2023-06-01T04:00:00Z The US Senate will move ahead with a vote on a bipartisan deal on Thursday that, if passed, will prevent the world's biggest economy from defaulting on its debt. Debt ceiling deal heads to US Senate for approval 2023-06-01T04:00:00Z The House of Representatives approved a deal on Wednesday to prevent a possible default on the U.S. government’s debt. Average long-term US mortgage rate climbs to 6.79% this week, highest level since November 2023-06-01T04:00:00Z The House of Representatives has approved a deal to allow the US to borrow more money, days before the world's biggest economy is due to start defaulting on its national debt. Debt ceiling deal: US House overwhelmingly passes bill 2023-05-31T04:00:00Z Former President Donald Trump said he would have allowed the government to bump into the debt limit — an unprecedented situation that many analysts say would mean default on U.S. obligations and resulting economic chaos. Most in GOP praise virtuoso performance by McCarthy in debt deal 2023-06-01T04:00:00Z But she also said she wished he’d more seriously considered using the 14th Amendment to the Constitution to say that he would not default on the nation’s debt and declare the debt limit invalid. WA's Pramila Jayapal to vote against debt limit deal 2023-05-31T04:00:00Z U.S. lawmakers look on course to approve a deal struck over the weekend that raises the debt ceiling and averts a catastrophic default on U.S. U.S. economy little changed in recent weeks; outlook 'deteriorated': Fed survey 2023-05-31T04:00:00Z Democrats got a reprieve from the next hostage crisis until after the election and the world was spared a default on the debt. Democrats make a deal to avoid default disaster — now how will Biden ever learn? 2023-05-31T04:00:00Z Office loans have posed concerns for some lenders as property values decline and more borrowers default on their loans. Wells Fargo CEO says there will be losses in office loan portfolio 2023-05-31T04:00:00Z National Bank, like its peers, has also set aside rainy-day funds, signaling fears that the economy is set for challenging times that could see more Canadians defaulting on their loans. National Bank of Canada posts lower profit on higher provisions 2023-05-31T04:00:00Z If a debt-ceiling bill fails and the government defaults on its obligations, the country could be facing a whole new level of turmoil. A Big Day for the Debt Ceiling 2023-05-31T04:00:00Z He and his allies view the country’s $31.5 trillion national debt as a greater threat to America than the Treasury Department’s warning that the country could default on certain bills by June 5. Packing Figures and Charts, Roy Leads G.O.P. Revolt Against Debt Limit Deal 2023-05-31T04:00:00Z The agreement President Biden struck with House Republicans to raise the debt limit aims to avert a catastrophic default on the nation’s debt. 14th Amendment Questions Linger Despite Debt Limit Deal 2023-05-31T04:00:00Z The bill, if approved by Congress, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decade 2023-05-31T04:00:00Z Treasury Secretary Janet Yellen said last week that the United States could run out of cash to pay the bills and default on its obligations if the debt ceiling is not raised by June 5. Debt ceiling takeaways: Biden’s invite to liberal skeptics to ‘talk to me,’ McCarthy’s balancing act 2023-05-29T04:00:00Z Wall Street churned to a mixed finish as a long list of worries looms, even if the most pressing crisis seems to be calming as Washington moves to avoid a default on its debt. How major US stock indexes fared Tuesday 5/30/2023 2023-05-30T04:00:00Z An agreement to avoid a default on U.S. government debt would end the pause on student loan repayments. Nvidia, Coherent rise; Big Lots, Skyline Champion fall 2023-05-30T04:00:00Z Congress has just days to raise the borrowing limit before the government goes into default on its debt. DeSantis, Wading Into Debt-Ceiling Fight, Puts Pressure on Trump 2023-05-30T04:00:00Z The island nation defaulted on its foreign debt for the first time in April last year, as the worst financial crisis since its independence from Britain in 1948 crushed its economy. Sri Lanka c.bank to hold rates as inflation stays high 2023-05-30T04:00:00Z There are other concerns on top of the threat of the U.S. defaulting on its debt. Stock market today: Asia shares mixed as investors await debt ceiling vote, eye China economy 2023-05-30T04:00:00Z Support from both parties will be needed to win congressional approval before the projected June 5 government default on U.S. debts. Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress 2023-05-27T04:00:00Z If the United States does default on its debt, which would rattle the markets, the Federal Reserve could step in to buy some of those Treasury bonds. Initial Takeaways From the Spending and Debt Ceiling Deal 2023-05-28T04:00:00Z Wall Street and the broader economy already had a full roster of concerns before the threat of the U.S. defaulting on its debt became sharply highlighted on the list. Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt 2023-05-28T04:00:00Z The US may default on its debt by 5 June without action being taken. Lawmakers race to secure US debt deal votes as deadline looms 2023-05-29T04:00:00Z Treasury Department says the United States could default on its obligations as soon as June 5 if Congress does not act. U.S. Republicans tee up debt-ceiling vote in Congress 2023-05-29T04:00:00Z It came together after Treasury Secretary Janet Yellen told Congress that the United States could default on its debt obligations by June 5 — four days later than previously estimated. Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress 2023-05-27T04:00:00Z The government may wind up defaulting on its debt if it cannot make required payments to its bondholders. Initial Takeaways From the Spending and Debt Ceiling Deal 2023-05-28T04:00:00Z The deal, if approved, will prevent the U.S. government from defaulting on its debt and comes after weeks of heated negotiations between Biden and House Republicans. US House Rules panel to meet Tuesday on debt ceiling bill 2023-05-29T04:00:00Z Before this weekend, a cadre of Republican fascists sought to hold Biden and the American people hostage by threatening to default on the country's debt payments. Hope and loss on Memorial Day: It's been a rough year since Buffalo 2023-05-29T04:00:00Z President Joe Biden has urged Congress to pass a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. US debt ceiling deal - what's in it 2023-05-29T04:00:00Z The days ahead will determine whether Washington is again able to narrowly avoid a default on U.S. debt, as it has done many times before, or whether the global economy enters a potential crisis. Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress 2023-05-27T04:00:00Z "He'd rather be the first president in history to default on the debt than to risk upsetting the radical socialists who are calling the shots for Democrats right now," McCarthy tweeted last week. Biden and McCarthy's bumpy journey to a debt ceiling deal 2023-05-29T04:00:00Z Democrats right now are willing to default on the debt so they can continue making welfare payments for people that are refusing to work. Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor 2023-05-28T04:00:00Z The agreement comes just days before the U.S. was set to officially run out of money and default on its debt, a move that experts have warned would bring widespread economic tribulation. McCarthy sells debt limit deal as conservatives fume: ‘We finally were able to cut spending’ 2023-05-28T04:00:00Z Treasury Secretary Janet Yellen has said the United States could default on its debt obligations by June 5 if lawmakers do not act in time to raise the federal debt ceiling. Selling the debt ceiling plan and making a deal into a law: What’s next? 2023-05-28T04:00:00Z “Democrats right now are willing to default on the debt so they can continue making welfare payments for people that are refusing to work,” said Mr. Graves. Breathing room: Yellen moves default deadline to June 5 2023-05-26T04:00:00Z But, McCarthy added, there remains more work to do to strike a deal before the nation defaults on its debt. Debt ceiling deal may be close, McCarthy says — but will the rest of Congress buy it? 2023-05-26T04:00:00Z “Democrats right now are willing to default on the debt so they can continue making welfare payments for people that are refusing to work,” he said during a break. Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor 2023-05-28T04:00:00Z Treasury bills and bonds commonly used as collateral, as the United States nears a deadline that could see it default on its debt, according to four industry sources. US default fears spark clearing house collateral scrutiny 2023-05-25T04:00:00Z Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. Explainer: What would happen to a Treasury after default? Six key questions 2023-05-25T04:00:00Z "The greatest near-term danger to the dollar's position stems from the risk of confidence-sapping policy mistakes by the U.S. authorities themselves, like a U.S. default on its debt for example," Moody's analysts wrote. US dollar dominance to persist for decades despite challenges - Moody's 2023-05-25T04:00:00Z At the same time, Fitch characterized the likelihood that the Treasury will actually default on its debts as “a low probability event.” Threat of US credit downgrade looms over debt ceiling talks 2023-05-25T04:00:00Z Of course, it was Republicans who showed willingness to default on the federal debt. Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor 2023-05-28T04:00:00Z The protests coincided with Pakistan's worst economic crisis in decades, with record high inflation, anaemic growth and IMF funding delayed for months, prompting concerns that the country could default on its external payment obligations. Sixteen to face Pakistan military trial for violence after ex-PM Khan's arrest - lawyer 2023-05-25T04:00:00Z Shares were mostly lower in Asia on Thursday as worries about the U.S. economy and a possible default on U.S. government debt pulled Wall Street lower. Stock market today: Asian shares extend losses, while Japan’s Nikkei pushes higher 2023-05-25T04:00:00Z Sri Lanka defaulted on its foreign debt for the first time in its history in April last year as its economy was crushed by its worst financial crisis since independence from Britain in 1948. Japan PM Kishida meets Sri Lanka president on debt repair talks 2023-05-25T04:00:00Z Our leaders in Washington, D.C., are discussing how to avoid a default on the nation’s debt. Medicaid: Reject ‘work requirement’ policy 2023-05-24T04:00:00Z The fast-approaching June 1 deadline to increase the limit or default on some U.S. obligations also failed to sway Mr. McCarthy, California Republican. Democrats acknowledge Biden-McCarthy debt limit deal will likely bow to GOP 2023-05-24T04:00:00Z As it stands, US Treasury Secretary Janet Yellen has declared 1 June a “hard deadline”, saying that the nation could default on its debt payments if the ceiling is not raised by then. The U.S. Debt-Ceiling Crisis Could Harm Science for Years to Come 2023-05-24T04:00:00Z The S&P 500 fell 0.7% Wednesday after House Speaker Kevin McCarthy said Republicans and Democrats remain far apart in efforts to prevent a default on the U.S. government’s debt. How major US stock indexes fared Wednesday 5/24/2023 2023-05-24T04:00:00Z That’s when the Treasury Department says the government could begin defaulting on its debts for the first time in history. Who’s who in the debt limit fight: Meet the five negotiators working to save the US from default 2023-05-24T04:00:00Z Fear of a technical default on Treasury bills without a bipartisan agreement in Washington to lift the debt limit by June 1 is causing ever more ructions at the short end of the debt market. Morning Bid: Fears of 6% and US debt jam 2023-05-24T04:00:00Z If the U.S. government defaults on its debt even for just a few hours next week, it could have long-lasting consequences for the nation’s future. Default on U.S. Debt Risks ‘Permanently’ Denting Nation’s Credit Rating 2023-05-24T04:00:00Z Stocks slid on Wall Street as the U.S. government creeps closer to the edge of a potentially disastrous default on its debt. How major US stock indexes fared Tuesday 5/23/2023 2023-05-23T04:00:00Z "If no agreement is reached, the U.S. could default on interest it owes on its debts, sending borrowing costs soaring and shockwaves through the global economy." Futures subdued as debt ceiling talks make little progress 2023-05-23T04:00:00Z No one can say for sure when the United States will deplete its cash reserves and default on its debt. The Week in Business: An Attempt to Ban TikTok 2023-05-21T04:00:00Z The analysis underscores the growing possibility that the United States will default on its debt as soon as next week. New Report Underscores Increasing Chances of U.S. Default in Early June 2023-05-23T04:00:00Z President Biden and Speaker Kevin McCarthy agreed to meet this afternoon to try to jump-start talks aimed at averting a default on America’s debt. Your Monday Briefing 2023-05-22T04:00:00Z Before the explosion hoax, the biggest Beltway intrigue on Wall Street’s mind Monday morning was whether the U.S. government will avoid a disastrous default on its debt. FACT FOCUS: Fake image of Pentagon explosion briefly sends jitters through stock market 2023-05-22T04:00:00Z One thing that’s already happening: As investors fret that the federal government will default on Treasury bonds that are maturing soon, they have started to demand higher interest rates as compensation for greater risk. Even Flirting With U.S. Default Takes Economic Toll 2023-05-20T04:00:00Z Stocks drifted to a mixed close as Wall Street waited to see whether a pivotal meeting later in the day will help the U.S. government avoid a potentially disastrous default on its debt. How major US stock indexes fared Monday 5/22/2023 2023-05-22T04:00:00Z The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. What it would mean for the global economy if the US defaults on its debt 2023-05-22T04:00:00Z President Biden and Speaker Kevin McCarthy will meet on Monday afternoon in an effort to revive talks to avert a default on the nation’s debt after negotiations faltered over the weekend. Biden and McCarthy to Meet in Hopes of Reviving Debt Talks 2023-05-22T04:00:00Z Biden had insisted on approving the debt ceiling with no strings attached, saying the U.S. always pays its bills and defaulting on debt is non-negotiable. Debt ceiling struggle explained: Why now and how could it end? 2023-05-22T04:00:00Z That would prevent the government from immediately defaulting on the debt, but it could also shatter confidence, roiling financial markets and leading to a sharp pullback in hiring, investment and spending. Even Flirting With U.S. Default Takes Economic Toll 2023-05-20T04:00:00Z After pledging the danger of a U.S. default on its debt would not overshadow the summit, Biden returned to the topic again Sunday. Biden wraps up G-7 summit with more aid for Ukraine, confusion over Bakhmut and glimmer of optimism on China 2023-05-21T04:00:00Z Failure to do so by June could result in the US defaulting on its debt. US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse 2023-05-21T04:00:00Z “The question is, could it be done and invoked in time that it would not be appealed, and as a consequence past the date in question and still default on the debt.” House GOP budget chair says ‘We’ve done our job,’ as debt ceiling talks crumble 2023-05-21T04:00:00Z The speaker contended that Biden would “rather be the first president in history to default on the debt than to risk upsetting the radical socialists who are calling the shots for Democrats right now.” Biden: GOP must move off ‘extreme’ positions, no debt limit deal solely on its ‘partisan terms’ 2023-05-21T04:00:00Z “The question is, ‘Could it be done and invoked in time that it would not be appealed, and as a consequence past the date in question and still default on the debt?’” Biden floats using 14th Amendment to raise debt limit amid impasse with GOP 2023-05-21T04:00:00Z Mr. Biden has tried to sound the alarm on the risk of the U.S. defaulting on its debts. Biden still optimistic debt deal can get done 2023-05-20T04:00:00Z Businesses shut down, governments defaulted on the American loans, and unemployment soared. Western Civilization: A Concise History 2020-01-01T00:00:00Z Their defaults on their credit payments starved the stores, which then had to lay off more workers to stay afloat. World History: from 1400 2022-12-14T00:00:00Z Negotiators are facing a June 1 deadline to raise the nation’s borrowing limit of $31.4 trillion, or the U.S. will default on some of its obligations. ‘Impasse’: Debt talks pause amid failure to make progress 2023-05-19T04:00:00Z Also looming for markets is the June 1 deadline for when the federal government may default on some debts unless the nation's debt ceiling is lifted. Take Five: More drama on the horizon 2023-05-19T04:00:00Z First things first: all the experts the BBC spoke to do not think the US will default on its debt. Could a US debt default unleash global chaos? 2023-05-18T04:00:00Z Republicans who are threatening to let the government default on its debt are trying to persuade Democrats to accept tougher work requirements for some federal aid programs in exchange for lifting the borrowing cap. US VP Harris, economic adviser Brainard warn of recession if debt default occurs 2023-05-18T04:00:00Z Egypt defaulted on loans it owed to France and the United Kingdom. World History: from 1400 2022-12-14T00:00:00Z No one asked the obvious question: If both the president and the Senate minority leader say that defaulting on our debt is not an option, then what game are they playing? Wicked game: Kevin McCarthy's debt-ceiling "crisis" is political theater at its worst 2023-05-18T04:00:00Z If investors declined to lend that money out of fear they wouldn't get paid back, America could start missing payments and enter default on its debt, rocking the global financial system. Explainer: What happens if Washington falls behind on its bills? 2023-05-18T04:00:00Z "What you'd have with a US default is suddenly investors panicking and they're wondering, 'Is Japan next? Is the UK next? Germany next? What else is going to be defaulted on'," he said. Could a US debt default unleash global chaos? 2023-05-18T04:00:00Z Though it’s unclear what exactly would happen, given the U.S. has never defaulted on its debt, the economic fallout could erode confidence and reduce other countries’ reliance on the dollar, according to Lipsky. Threat of U.S. debt default upends Biden's trip to the Pacific 2023-05-17T04:00:00Z The next year, 1922, Germany defaulted on its payments to France and Britain. World History: from 1400 2022-12-14T00:00:00Z Students who attend for-profit colleges typically borrow more and default on their loans at higher rates. New rule seeks to weed out college programs that leave grads with low income, high debt 2023-05-17T04:00:00Z The schedule change underscores how much Mr. Biden has been consumed with the risk of the U.S. defaulting on its debts. Biden heads to G-7 summit in Japan distracted by debt crisis back home 2023-05-17T04:00:00Z Wall Street rose along with hopes that the U.S. government can avoid a default on its debt. How major US stock indexes fared Wednesday 5/17/2023 2023-05-17T04:00:00Z Markets got some lift from hopes that the U.S. government may avoid a first-ever default on its debt. Stock market today: Wall Street drifts higher as debt talks continue 2023-05-17T04:00:00Z "We just finished another good, productive meeting with our congressional leadership about a path forward to make sure that America does not default on its debt for the first time." Reaction to Biden-McCarthy debt ceiling meeting 2023-05-16T04:00:00Z He noted that Treasury Secretary Janet Yellen has said the U.S. could default on the debt as early as June 1. Jill Biden to go abroad to tout administration’s investment in broadband access 2023-05-16T04:00:00Z The US could default on its debt if talks fail. Biden G7: President to cut short foreign trip for debt ceiling talks 2023-05-16T04:00:00Z Otherwise, the government would default on its debts, potentially triggering chaos in the financial markets and pain for millions of Americans. Does the 14th Amendment permit the president to bypass the debt ceiling? 2023-05-16T04:00:00Z Cracks in the U.S. banking system and the U.S. government’s inching toward a possible default on its debt as soon as June 1 are added worries. Stock market today: Wall Street opens lower as Home Depot weighs on retailers 2023-05-16T04:00:00Z "There was an overwhelming consensus, I think, in today's meeting with the congressional leaders, that defaulting on the debt is simply not an option. Our economy would fall into recession." Reaction to Biden-McCarthy debt ceiling meeting 2023-05-16T04:00:00Z Last week, Brent and WTI futures fell for a fourth straight week over fears of a U.S. recession and risks of a historic default on government debt in early June. Oil prices extend gains on US plans to refill reserve, Canada's wildfires 2023-05-16T04:00:00Z Treasury Secretary Janet Yellen has warned that Congress must pass a debt limit increase by June 1 or risk a default on the government’s obligations. McCarthy calls for White House to be ‘willing partners’ ahead of debt limit meeting with Biden 2023-05-15T04:00:00Z “Failure to raise the debt ceiling will not reduce the national debt by one penny. It will force a default on existing debt, the first ever,” he wrote. Does the 14th Amendment permit the president to bypass the debt ceiling? 2023-05-16T04:00:00Z The Treasury Department previously warned that the so-called X-date could come as soon as June 1, at which point the federal government could face the possibility that it would default on its debt. Yellen Reiterates That the U.S. Could Run Out of Cash by June 1 2023-05-15T04:00:00Z As constitutional scholar Garrett Epps has written, even if Congress refuses to raise the debt ceiling, “default on the debt ... is flatly forbidden by the Constitution.” Column: Here's why the debt ceiling is not only stupid — it's unconstitutional 2023-05-15T04:00:00Z “Because defaulting on our debt isn’t just about financial markets. It’s about paying our Social Security recipients, it’s about paying our troops, it’s about paying the men and women who are working the border today.” Biden Expresses Optimism Over Debt Limit Deal, but an Agreement Remains Elusive 2023-05-15T04:00:00Z It has been in default on that loan for months. Vice, Decayed Digital Colossus, Files for Bankruptcy 2023-05-15T04:00:00Z Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook 2023-05-14T04:00:00Z McCarthy has insisted on using the threat of defaulting on the nation’s debts to wrangle spending changes, arguing that the federal government can’t continue to spend money at the pace it is now. Biden, congressional leaders likely to meet Tuesday after canceling meeting on Friday 2023-05-14T04:00:00Z “Ultimately the stakes are, the United States has never defaulted on its debt,” Wally Adeyemo, the deputy treasury secretary, said on CNN’s “State of the Union” on Sunday. Biden, congressional leaders likely to meet Tuesday for talks on raising the debt limit 2023-05-14T04:00:00Z He suggested that Republicans in Congress should force a default on federal debt, which could lead to a financial crash. Column: A 2024 Biden-Trump election would be a contest of unpopularity 2023-05-14T04:00:00Z Some fiscal experts warn that if incoming tax revenue continues to be lower than expected, the date for the government defaulting on some of its obligations could be moved forward. Shrinking tax revenue complicates debt limit talks; Biden says ‘we’re not there yet’ 2023-05-13T04:00:00Z She has called repeatedly for Congress to agree to raise the $31.4 trillion cap on federal borrowing to avert the "economic and financial catastrophe" that would ensue if the United States defaulted on its debts. Yellen hopeful of a solution to 'more difficult' debt ceiling showdown 2023-05-13T04:00:00Z Treasury Secretary Janet Yellen said on Friday she would meet senior Wall Street bankers next week about the possibility that Washington could default on its debt for the first time since 1789. G7 finance chiefs to warn of global uncertainty as US debt crisis looms 2023-05-13T04:00:00Z McCarthy has insisted on using the threat of defaulting on the nation’s debts to wrangle budget changes, arguing that the federal government can’t continue to spend money at the pace it is now. Biden, congressional leaders likely to meet Tuesday for talks on raising the debt limit 2023-05-14T04:00:00Z Worries are also still high about a possible default on the U.S. government’s debt. How major US stock indexes fared Friday 5/12/2023 2023-05-12T04:00:00Z "MAGA House Republicans are threatening to default on America's debts unless we give in to their demands," Biden said in a Friday tweet, referring to former President Donald Trump's Make America Great Again movement. Debt ceiling worries deepen as early June U.S. default reinforced 2023-05-12T04:00:00Z The federal government is also on the brink of defaulting on its debt, adding to the uncertainty. What you need to know about Newsom's plan to offset California's $31.5-billion deficit 2023-05-12T04:00:00Z If the Treasury defaults on debt obligations or delays payments, "those actions could result in distress in credit markets, disruptions in economic activity and rapid increases in borrowing rates for the Treasury," the CBO said. CBO sees US default in first half of June without debt ceiling hike 2023-05-12T04:00:00Z House threaten this freedom by threatening to default on payments due unless we let them take away funding for healthcare, public schools, and more. Debt default: ‘This plan hurts ordinary Americans’ 2023-05-12T04:00:00Z We know well what happens if the debt ceiling is not extended, if the U.S. defaults on its obligations for the first time in history. Debt default: Serious consequences 2023-05-12T04:00:00Z At their worst, they would mean a default on U.S. debt. Playing chicken on federal default risks a world economy fried 2023-05-12T04:00:00Z Economists say a resulting default on the U.S. government’s debt could be catastrophic for the economy. Stock market today: Asian shares mostly lower on looming worry over US banks, China growth 2023-05-12T04:00:00Z Yellen said a default on the national debt would be catastrophic and was “unthinkable.” G-7 talks focus on ways to fortify banks, supply chains as China accuses group of hypocrisy 2023-05-12T04:00:00Z It’s conceivable that it will stop paying its bills, including millions of Social Security checks, and that it could default on its debt for the first time. The Debt Ceiling Dispute Raises the Risks for ‘Risk-Free’ U.S. Bonds 2023-05-12T04:00:00Z Still, the program’s future is hanging in the balance with a split Congress that’s just weeks away from allowing the U.S. to default on its debts. Federal government’s $1 billion effort to recruit next generation of doctors at risk 2023-05-11T04:00:00Z “He talked like it was OK for the United States to default on the debt. And that’s like putting his past business practices of using bankruptcy as a tool and applying that to the government.” Trump’s Second-Term Goal: Shattering the Norms He Didn’t Already Break 2023-05-11T04:00:00Z The delay comes as the United States inches closer to defaulting on its debt. Meeting Between Biden and Republicans Delayed as Both Sides Work Toward Debt Limit Deal 2023-05-11T04:00:00Z Then there’s one more development thrown into the works: Donald Trump is urging fellow Republicans to let America default on its debts if they don’t get the budget cutting deal they want from Biden. Debt limit fight: Trump tells GOP ‘do a default’ if needed, but talks with Biden in full swing 2023-05-11T04:00:00Z Treasury Secretary Janet Yellen has warned that a default on U.S. payments could come as early as June 1 if Congress fails to raise the borrowing cap. IMF says US default would have 'very serious repercussions' on global economy 2023-05-11T04:00:00Z Mr. Trump suggested on Wednesday night that Republicans in Congress should hold fast against raising the federal debt ceiling without budget cuts, even if it means the country defaults on its debt. What We Learned About Trump’s Policies in Contentious Town Hall 2023-05-11T04:00:00Z “Do other Republicans agree that it doesn’t matter if the United States government defaults on its debt? Do other Republicans not care who wins in Ukraine?” Trump’s Second-Term Goal: Shattering the Norms He Didn’t Already Break 2023-05-11T04:00:00Z But, just in case you missed the point, Trump endorsed the U.S. government defaulting on its debt unless the Democrats "cave" on issues and cut spending. Fear, the GOP and Trump's Town Hall lies 2023-05-11T04:00:00Z Besides worries about interest rates and inflation, some corners of the bond market are also swinging on concerns about the U.S. government inching closer to a possible default on its debt. Stock market today: Global shares mixed in choppy trading after US inflation report 2023-05-11T04:00:00Z For now, raising the debt ceiling to avert a default on the national debt remains the only short-term solution, she said. Yellen: Different system needed to end repeated standoffs over US debt ceiling 2023-05-11T04:00:00Z In another puzzling moment, Trump suggested that the U.S. should default on its national debt as a solution to the tangled budget crisis. "Unhinged": Trump steamrolls CNN town hall to promise Jan. 6 pardons, deny elections 2023-05-11T04:00:00Z Oil prices rose in early Asian trade after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world's biggest oil producer and consumer defaulting on its debt. Asian stocks rise as US inflation cools 2023-05-11T04:00:00Z McCarthy wants to break the president and make him curb social spending before McCarthy will agree to raise the debt ceiling so we don't default on our debts. Fear, the GOP and Trump's Town Hall lies 2023-05-11T04:00:00Z The responses indicate the complicated path forward for Mr. Biden and House Republicans as they seek to avert a default on June 1. Democrats open to slashing spending, but refuse to clarify what should be cut in budget talks 2023-05-10T04:00:00Z Treasury's debt operations for the past 25 years warned on Tuesday they were "deeply concerned" about the debt limit impasse, which has markets worried about a U.S. default on payment obligations. US debt ceiling standoff talks look at COVID clawbacks, energy permits 2023-05-10T04:00:00Z If the debt ceiling isn’t raised in time, the nation would default on its debt, a scenario that could ignite a global economic crisis. Americans likely saw little relief from inflation in April 2023-05-09T04:00:00Z India has made it easier for lessors to take back planes if airlines default on payments after joining an international treaty known as the Cape Town Convention. India to decide on Go First bankruptcy, lessors seeking planes fear impact 2023-05-10T04:00:00Z Treasury's debt operations for the past 25 years warned on Tuesday they are "deeply concerned" about the debt limit impasse that has markets worried about a U.S. default on payment obligations. Treasury debt advisors warn of 'seismic' impact from U.S. debt payment delays 2023-05-09T04:00:00Z Political leaders are also meeting in Washington Tuesday to try to avoid a default on the U.S. government’s debt. How major US stock indexes fared Tuesday 5/9/2023 2023-05-09T04:00:00Z No one knows exactly what would happen if the United States gets to that point, but the government could default on its debt if it is unable to make required payments to its bondholders. What is the debt ceiling? 2023-05-09T04:00:00Z Last week, White House officials floated the prospect of a short-term debt limit hike to avoid a default on the government’s abilities to pay its debt after June 1. McCarthy rules out short-term hike to debt ceiling ahead of White House meeting 2023-05-09T04:00:00Z Asked by reporters whether he would support such a move to help the U.S. avoid defaulting on its $31.4 trillion in debt, McCarthy replied "no." Republican Speaker McCarthy opposes extending debt-ceiling through fiscal year 2023-05-09T04:00:00Z If the federal government defaults on its debt, the effects could be disastrous, threatening to undermine the role of the United States at the heart of global finance and tip its economy into recession. How Wall Street is Preparing for a Debt Ceiling Showdown 2023-05-09T04:00:00Z If the politicians fail to reach an agreement, the US could default on its debt. Will the US default on debt on 1 June? A really simple guide to debt ceiling 2023-05-08T04:00:00Z One idea that has been proposed is that the Treasury Department would prioritize certain payments to avoid defaulting on U.S. debt. What is the debt ceiling? 2023-05-09T04:00:00Z The Treasury secretary has been calling corporate leaders to warn them about the “catastrophic” consequences of letting the U.S. default on its debt, according to Reuters. Regulators Raise the Alarm on a Potential Market Risk 2023-05-09T04:00:00Z It could then be forced to default on at least some debts — meaning it will admit that it cannot pay back the money that others effectively lent the government. Debt Showdown 2023-05-09T04:00:00Z Twenty-seven percent of the hospitals surveyed reported "being at risk of defaulting on existing loans, which can decrease financial resources available for patient care," NYS HCA found. Mission not accomplished, Joe: Despite declaring victory over COVID, health care is code blue 2023-05-08T04:00:00Z Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher. Yellen says 'no good options' if Congress fails to raise debt ceiling 2023-05-08T04:00:00Z Should that happen, the Treasury Department says it would be forced to suspend payments, in what would largely be considered a default on the national debt. Deficit dismay: Federal tax revenue plummets, even as Uncle Sam keeps spending 2023-05-08T04:00:00Z But the political incentive for compromise is harder to come by, with no easy endgame ahead of a June 1 deadline to raise the debt ceiling or risk defaulting on the nation’s $31 trillion debt. Debt options abound, but can Biden, McCarthy strike a deal? 2023-05-08T04:00:00Z The stakes are high: If the debt limit is not increased, the government could default on its debts. Debt Showdown 2023-05-09T04:00:00Z The lawsuit comes just weeks before Yellen has warned that the government could default on the federal debt if Congress fails to raise the borrowing limit by then. Lawsuit: Yellen should ignore ‘unconstitutional’ debt limit 2023-05-08T04:00:00Z In the end, the threat of a default on government payments including debt obligations has always led to compromise. Janet Yellen: US treasury secretary warns of debt ceiling 'catastrophe' 2023-05-07T04:00:00Z The United States is barreling toward a debt crisis; the possibility of default on U.S. debt is already beginning to roil markets. Doing whatever it takes on debt | Paul Krugman 2023-05-07T04:00:00Z Both Biden and McCarthy have insisted they will not allow the country to default on its obligations. Debt options abound, but can Biden, McCarthy strike a deal? 2023-05-08T04:00:00Z Treasury Secretary Janet Yellen informed Congress this week that the U.S. could default on its debt as early as June 1, if lawmakers do not raise or suspend the nation’s borrowing authority. Faster IRS offering better picture on looming debt ‘X-date’ 2023-05-04T04:00:00Z That would ensure that the United States wouldn’t default on its securities, which have long been regarded as the safest investments in the world and are vital to global financial transactions. Lawsuit: Yellen should ignore ‘unconstitutional’ debt limit 2023-05-08T04:00:00Z The federal government has perhaps less than a month left before an economically devastating default on its debt. With Default Looming, What Can Biden Do? 2023-05-04T04:00:00Z Earlier this week, Treasury Secretary Janet Yellen warned that the nation could default on its debt as early as June, which would trigger economic chaos in the U.S. and across the globe. Biden says he believes McCarthy is ‘an honest man’ ahead of debt-ceiling talks 2023-05-05T04:00:00Z Congressional Republicans are threatening to let the federal government default on its debt, by refusing to raise the limit on what it can borrow, if Democrats don’t accept sharp cuts in federal spending. April jobs report may point to U.S. labor market’s resilience 2023-05-05T04:00:00Z The IMF funding is crucial for Pakistan to avert default on its external payment obligations during a balance of payment crisis, in which foreign exchange reserves have shrunk to just four weeks of controlled imports. IMF to wrap up Pakistan bailout review once financing in place 2023-05-05T04:00:00Z The U.S. government could default on its debt in less than a month if Democratic and Republican leaders do not arrive at a deal to raise the nation's $31.4 trillion debt ceiling. Analysis: Why Republican presidential hopefuls are keeping out of US debt-ceiling squabble 2023-05-03T04:00:00Z The country has never defaulted on its debt. White House leaves door open to deal that resolves debt ceiling crisis 2023-05-02T04:00:00Z With Mr. Biden and House Republicans entrenched, the nation is barreling towards a first-ever default on the ability to pay its debts. Biden sticks with refusal to negotiate debt limit with House Republicans as country faces default 2023-05-02T04:00:00Z Biden has refused to engage in talks on the debt ceiling, saying it must be raised with no strings attached to prevent a potentially catastrophic default on the nation’s already accrued bills. US Speaker McCarthy: Russia must pull out of Ukraine 2023-05-01T04:00:00Z First Republic had wealthy clients who rarely defaulted on their loans. Is my money safe? What you need to know about bank failures 2023-05-01T04:00:00Z The cost of insuring existing bond holdings against the possibility that the United States will default on its debts has also risen sharply. Trickling Tax Revenue Complicates Debt Limit Talks 2023-05-01T04:00:00Z Its clients — mostly the rich and powerful - rarely defaulted on their loans. Regulators seize First Republic Bank, sell to JPMorgan Chase 2023-05-01T04:00:00Z House Republicans say President Biden and Democrats are lying about cuts to services for veterans under legislation recently passed in the chamber to raise the debt ceiling and avoid default on the national debt. House Republicans accuse Dems of ‘shamelessly lying’ about veterans’ benefits under debt-limit bill 2023-04-30T04:00:00Z Its clients — mostly the rich and powerful — rarely defaulted on their loans. First Republic up in air as regulators juggle bank’s fate 2023-04-30T04:00:00Z The U.S. is set to default on its loans in the coming months unless the debt ceiling is raised. Time for Biden to ‘get off the sidelines’ and ‘start negotiating,’ House GOP leader says 2023-04-30T04:00:00Z Slashing popular federal programs and risking a default on government borrowing and the economic calamity that could occur are the kind of reckless politics that Biden would be happy to run against. Analysis | For Biden, navigating the debt ceiling is an early test of his 2024 strategy 2023-04-29T04:00:00Z “Traditionally, politicians have caved because they have been worried about the reputational risk inherent in the United States’ failing to make interest payments and defaulting on its debt. The GOP wonks trying to get their party not to detonate the debt limit bomb 2023-04-27T04:00:00Z He said anything other than a clean debt limit raise to avert a default on the national debt should be off the table. House Republicans accuse Dems of ‘shamelessly lying’ about veterans’ benefits under debt-limit bill 2023-04-30T04:00:00Z Some U.S. banks have singled out office CRE as a worry, with property values falling and more borrowers defaulting on loans amid rising rates and a slowing economy. Trading turbulence in banking sector: five hedge fund ideas 2023-04-28T04:00:00Z But lenders expect rising defaults on consumer credit, mortgages and corporate loans. Take Five: Rate hike vs bank stress 2023-04-28T04:00:00Z While most Democratic lawmakers agree, a few in the party are calling for talks and warning that the president has an obligation to make sure the nation avoids a catastrophic, first-ever default on its debt. White House reiterates refusal to negotiate on debt limit as pressure mounts 2023-04-27T04:00:00Z “I think most Republicans realize now it’s a false fear to say, ‘We’ll have a default on our debt,’” Moore said. The GOP wonks trying to get their party not to detonate the debt limit bomb 2023-04-27T04:00:00Z Last year, the economy shrank by 7.8% and the country defaulted on its foreign debt for the first time since independence from the UK in 1948. Sri Lanka crisis: Central bank lays out extent of economic problems 2023-04-27T04:00:00Z Economic analysts warn even the political threat of a federal default on the nation’s debt, now at $31 trillion, would send shockwaves through an already jittery economy. Debt ceiling: McCarthy wins 1st round, Biden eyes long game 2023-04-27T04:00:00Z “We can’t be defaulting on our debt,” said Mr. Kelly, Arizona Democrat. Democrats anxious over default, but refuse to abandon Biden’s no-negotiation pledge on debt limit 2023-04-27T04:00:00Z Among those students, Black, Latinx, and American Indian students are more likely to default on their loans. The inequity of student debt affects the economy | Op-Ed 2023-04-27T04:00:00Z “In our history, we have never defaulted on our debt or failed to pay our bills. Congressional Republicans must act immediately and without conditions to avoid default.” Biden Faces His First Big Choice on Debt Limit 2023-04-27T04:00:00Z “In our history, we have never defaulted on our debt or failed to pay our bills. Congressional Republicans must act immediately and without conditions to avoid default.” Biden Faces His First Big Choice on Debt Limit 2023-04-27T04:00:00Z A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. Stress Builds as Office Building Owners and Lenders Haggle Over Debt 2023-04-27T04:00:00Z Democrats said the prospect of the government defaulting on its ability to pay interest on the more than $31 trillion national debt should not be taken lightly. Democrats anxious over default, but refuse to abandon Biden’s no-negotiation pledge on debt limit 2023-04-27T04:00:00Z The reality is those hardest hit with debt are those who never finished their degree and struggle to pay or default on their student loans. The inequity of student debt affects the economy | Op-Ed 2023-04-27T04:00:00Z Sri Lanka, which defaulted on its foreign debt a year ago, is currently negotiating its debt repayments with bondholders and bilateral creditors. Sri Lanka's economy to shrink by 2% in 2023, central bank says 2023-04-27T04:00:00Z If the U.S. breaches the debt limit, it could be forced to default on its debts. The Fight Over the Debt Limit 2023-04-27T04:00:00Z Republicans are yet again holding our nation's economic well-being hostage as they threaten to default on our debt if their ideological demands are unmet. McCarthy makes a dirty deal with MAGA 2023-04-27T04:00:00Z A first-ever default on the federal debt would shatter the market for U.S. US economic growth likely slowed in January-March quarter 2023-04-26T04:00:00Z The California Republican is struggling to cobble together enough votes in his slim four-seat majority to pass the measure Wednesday afternoon that would avoid the U.S. defaulting on its debt. Revised House GOP debt limit bill rescinds $200 million for local park in Pelosi’s district 2023-04-26T04:00:00Z Without a deal to do so, the United States would default on its debt, with potentially catastrophic consequences. House Republicans, Grasping for Votes, Alter Debt Limit Plan 2023-04-26T04:00:00Z “A default on our debt would produce an economic and financial catastrophe,” said Treasury Secretary Janet Yellen in a speech on Tuesday. The U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid 2023-04-26T04:00:00Z Senate Majority Leader Charles E. Schumer accused House Republicans of taking the nation hostage Tuesday, on the eve of passing legislation to avoid default on the national debt by raising the ceiling. Schumer doubles down against McCarthy’s ‘dead on arrival’ debt-ceiling proposal 2023-04-25T04:00:00Z "A default on our debt would produce an economic and financial catastrophe," Yellen told Sacramento Metropolitan Chamber of Commerce members. US default on debt would trigger an 'economic catastrophe' - Yellen 2023-04-25T04:00:00Z They either don't know or don't care about the devastating consequences of defaulting on our debt. “He's capable of anything”: Arrest and humiliation won’t stop Trump, says niece Mary Trump 2023-04-25T04:00:00Z Ali has not disputed that Getty loaned him the money, nor that he defaulted on the initial loan after paying only $1,000. Getty heir loaned $200K to Twitter star Yashar Ali. Now a debt collector wants Ali's income 2023-04-25T04:00:00Z Its clients, mostly the rich and powerful, rarely defaulted on their loans. First Republic clients pulled $100B in deposits during panic 2023-04-24T04:00:00Z Saied this month rejected the terms of a $1.9 billion IMF bailout, without which Tunisia may default on its foreign debt. Italy touts money for reforms as EU discusses upheaval in Tunisia 2023-04-24T04:00:00Z U.S. banks face borrowers defaulting on car loans and student debt, while UK mortgage borrowers rolling off cheap fixed rate loans onto more expensive deals could spark defaults, Blanchflower added. Market crisis scorecard: Lessons learned from a manic March 2023-04-24T04:00:00Z The country is set to default on its debt this summer unless Congress raises the current ceiling of $31.4 trillion. McCarthy pitches GOP holdouts on debt limit plan, says opposition complicit in ‘reckless spending’ 2023-04-23T04:00:00Z It’s an open question whether this is a one-off moment, mandated by the pressing timeline of early to mid-June to avoid a possible default on the more than $31 trillion national debt. Analysis | So much for that promise: Debt bill talks again done in the backroom 2023-04-22T04:00:00Z There is also galloping inflation and growing poverty amid fears that Egypt might actually default on its enormous foreign debt later this year. Sudan crisis: Egypt's dilemma over the fighting 2023-04-22T04:00:00Z Mind-boggling as this may be, it is possible that the U.S. government could default on its debt. The Fabulous Yields, and Lurking Risks, of Money Market Funds 2023-04-21T04:00:00Z The borrowing limit needs to be raised to avoid a potentially devastating default on already accrued debt. Leaving drama behind, GOP warms to McCarthy in debt fight 2023-04-20T04:00:00Z The United States could default on its debt if both parties fail to reach an agreement. What’s in the House G.O.P. Debt Limit Bill 2023-04-20T04:00:00Z The White House’s response comes the day after Mr. McCarthy released a Republican plan to avoid the U.S. defaulting on its bills, which would cause economic chaos across the globe. White House says McCarthy debt limit plan will ‘devastate’ economy 2023-04-20T04:00:00Z House Speaker Kevin McCarthy has said the scary part out loud: His caucus is willing to allow the United States to default on its debt to force budget cuts. Opinion | Here’s the ideal solution to the debt ceiling standoff 2023-04-19T04:00:00Z Should it default on Treasury obligations, after all, no other financial security in the United States would be entirely safe. The Fabulous Yields, and Lurking Risks, of Money Market Funds 2023-04-21T04:00:00Z The president seemed to reverse course a bit on Wednesday, saying that Republicans had to commit themselves to not defaulting on the debt. McCarthy unveils bill to hike debt ceiling by $1.5 trillion, slash $4.5 trillion from spending 2023-04-19T04:00:00Z Both sides could tone down the rhetoric by committing first and foremost to the U.S. government avoiding a default on its payments, said Brian Riedl, a senior fellow at the conservative Manhattan Institute. Biden, McCarthy in different worlds on debt standoff 2023-04-19T04:00:00Z There has been no evidence of Dominion’s laying off employees, closing offices, defaulting on credit obligations or suffering canceled contracts as a result of Fox’s coverage, the network said. What to Know About Dominion, the Voting Machine Company Suing Fox 2023-04-17T04:00:00Z After running out of cash over the past two years and defaulting on dozens of overseas bonds, housing developers are starting very few new projects, although prices are starting to stabilize. With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover 2023-04-17T04:00:00Z Mr. Biden said that Mr. McCarthy had “threatened to become the first speaker to default on our debt unless he gets the cuts he wants.” As Possible Debt Limit Crisis Nears, Wall Street Shrugs 2023-04-18T04:00:00Z If the two major parties don't agree on lifting the cap in the next few weeks, the US could for the first time in history default on its debt. What Americans can learn from Denmark on handling debt ceiling crisis 2023-04-18T04:00:00Z Representative Nancy Mace told reporters she was uncertain whether leaders' hopes of passing a bill by the end of this month to avert an historic default on debt payments were feasible. U.S. House Republicans tangle over debt limit, spending cut plans 2023-04-18T04:00:00Z While vowing that “defaulting on our debt is not an option,” McCarthy faces his own challenges pushing a legislative fix to passage. Speaker McCarthy vows to pass debt bill — but can he do it? 2023-04-17T04:00:00Z The U.S. is expected to default on its debt this summer if Congress doesn't act. "Pro-starvation agenda": Kevin McCarthy called out as GOP plots food aid cuts 2023-04-17T04:00:00Z Two African countries - Zambia and Ghana - have already defaulted on their sovereign debt since the start of the pandemic. Africa needs more help with climate change, debt and food crises 2023-04-15T04:00:00Z The US has never defaulted on its debts but experts say such a scenario would have devastating consequences for the global economy. What Americans can learn from Denmark on handling debt ceiling crisis 2023-04-18T04:00:00Z This is the first bondholder proposal after the 22 million people island-nation defaulted on its debt over a year ago. Exclusive: Sri Lanka's bondholders sent debt rework proposal to government - sources 2023-04-14T04:00:00Z The point of credit scoring is to predict who is likely to default on their debts. Advice | Finally, medical debt under $500 has been removed from credit reports 2023-04-12T04:00:00Z Sri Lanka, Zambia and Ghana have already defaulted on their overseas debt and are in renegotiation talks with creditors, including Chinese lenders such as China Export-Import Bank. Europe cannot turn its back on China, Spanish minister says 2023-04-11T04:00:00Z Internal projections show that the firm could default on its financial agreements as early as the end of the first quarter of fiscal 2023. Cash-strapped Tupperware might pack it in 2023-04-11T04:00:00Z Sri Lanka, Zambia and Ghana have already defaulted on their overseas debt and are working towards debt reworks with creditors, albeit slowly. Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead 2023-04-10T04:00:00Z The bank alleged that the trust had defaulted on more than $4 million in loans and sought a restraining order prohibiting the transfer of the trust’s properties and freezing the trust’s bank account. All 29 Skid Row Housing Trust buildings placed under receivership 2023-04-07T04:00:00Z Pakistan is in danger of defaulting on its debt, with an International Monetary Fund bailout programme stalled since November, while a bruising political battle is raging between the government and former Prime Minister Imran Khan. Pakistan to launch new military operation against Islamist militants -statement 2023-04-07T04:00:00Z Below is a look at countries that face a debt crunch or have already defaulted on international loans. Factbox: The developing countries facing a debt crisis 2023-04-05T04:00:00Z Some federal officials and lawmakers have signaled new concern with the SBA’s efforts to pursue borrowers who default on their loans. Federal officials fear U.S. won’t pursue some with overdue covid loans 2023-04-03T04:00:00Z The U.S., meanwhile, is careening toward a potential default on the national debt. No place to hide for global investors facing mounting political risks 2023-04-03T04:00:00Z Pacific Premier Bank, claiming the trust has defaulted on a $4-million loan, petitioned the same judge Wednesday for an order essentially putting it in control of the trust’s finances. L.A. seeks receivership for Skid Row Housing Trust’s 29 distressed buildings 2023-03-30T04:00:00Z Those include countries that have defaulted on debts such as Sri Lanka and Zambia, but also the likes of Egypt and Pakistan. China-driven growth seen helping emerging assets despite bank worries 2023-03-30T04:00:00Z Sri Lanka defaulted on its international debt last year after economic mismanagement, exacerbated by the COVID-19 pandemic, sparked a political crisis and left it without dollars for even essential imports. Factbox: The developing countries facing a debt crisis 2023-04-05T04:00:00Z Rising rates pose a threat to sub-investment grade companies, which have to pay up when refinancing their maturing debt and risk defaulting on it. Signs of pain as easy cash era ends are growing 2023-03-30T04:00:00Z As Pakistan struggles to avert a default on its obligations, the only help so far has come from longtime ally Beijing, through a refinancing of $1.8 billion already credited to Pakistan's central bank. Pakistan awaits China's decision on rollover of $2 bln loan -govt source 2023-03-30T04:00:00Z The Treasury Department reached the roughly $31.4 trillion debt limit in January and is now using special accounting methods to keep the federal government from defaulting on its obligations. White House slams House GOP over budget delays in debt-ceiling impasse 2023-03-29T04:00:00Z The Congressional Budget Office has projected that the U.S. will default on its debt this summer unless Congress acts. Food cuts for the poor and tax favors for the rich: Dems call out Kevin McCarthy’s budget “scam” 2023-03-29T04:00:00Z For now, the Treasury Department has resorted to “extraordinary measures” to avoid default on the nation’s $31.4 trillion borrowing authority. McCarthy calls on Biden to schedule meeting on debt ceiling 2023-03-28T04:00:00Z In 2019 the government defaulted on its foreign debts and the country's currency collapsed. Lebanon crisis: The Syrian refugees recycling to stay alive 2023-03-27T04:00:00Z To avoid defaulting on debt payments — and risking a financial crisis — Congress will need to raise the limit before then, and Republicans say they will insist on cuts as part of a deal. A Republican Spending Problem 2023-03-27T04:00:00Z The fund had a huge exposure to Russian government bonds, and took major losses after Russia defaulted on its debt and devalued its currency. Factbox: The biggest financial crises of the last four decades 2023-03-25T04:00:00Z Last month, a subsidiary of asset manager Brookfield Corp defaulted on loans linked to two buildings in Los Angeles, according to a regulatory filing. Analysis: Small U.S. banks imperiled by big office loans 2023-03-24T04:00:00Z The government faces a historic default on its debts without legislation being enacted to raise the $31.4 trillion debt limit. U.S. House speaker accuses Biden of not caring about debt ceiling 2023-03-24T04:00:00Z That followed a steep rise in the cost to insure bondholders against the bank defaulting on its debts, known as credit default swaps. Deutsche Bank shares drop amid global jitters over banks 2023-03-24T04:00:00Z The drop follows a steep rise in the cost of financial derivatives, known as credit default swaps, that insure bondholders against the bank defaulting on its debts. Deutsche Bank shares drop amid global jitters over banks 2023-03-24T04:00:00Z As a result the country defaulted on its debts with international lenders last May for the first time in its history. Sri Lanka: $2.9bn IMF bailout for struggling economy 2023-03-20T04:00:00Z On the same day it announced that it would liquidate Harmon, Bed Bath & Beyond disclosed to investors that it had defaulted on debt payments to JP Morgan Chase. The Chaotic, Dispiriting Work of Liquidating Harmon Stores 2023-03-20T04:00:00Z A plea to lawmakers: If it was a bad idea to threaten default on U.S. debt before, it would be astoundingly, colossally idiotic now. Opinion | Threatening a U.S. default was bad before. Now, it’s colossally idiotic. 2023-03-16T04:00:00Z Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or delayed bond payments. China's Jan-Feb property investment falls at slower pace 2023-03-15T04:00:00Z In this case, he said, it wanted to correct the “excess financial exuberance” that has caused dozens of real estate developers to default on loans and left the sector awash in debt. To Rein in China’s Banks, Xi Uses Familiar Playbook 2023-03-14T04:00:00Z That’s why the danger of a budget crisis — not only a government shutdown, but a catastrophic default on the federal debt — looks greater this year than ever before. Column: Biden's budget was an opening bid. Where's the Republican plan? 2023-03-12T05:00:00Z Two days later, Bed Bath & Beyond was able to make a payment on its debt that it had defaulted on earlier in the month. The Chaotic, Dispiriting Work of Liquidating Harmon Stores 2023-03-20T04:00:00Z "America will not default on our debts unless President Biden chooses to do so," Perry told reporters at a news conference. U.S. House Republican hardliners unveil spending demands for raising debt ceiling 2023-03-10T05:00:00Z “To ensure America does not default on our debts, the House Freedom Caucus is offering a responsible solution to the self-imposed crisis.” House Freedom Caucus lays out demands for debt-ceiling raise 2023-03-10T05:00:00Z Asset managers Brookfield and Blackstone recently defaulted on some debt tied to real estate as interest rate hikes and falling demand for offices in particular hit property values. SVB turmoil a sign of pain coming from end of easy-cash era 2023-03-10T05:00:00Z House of Representatives on Friday to raise the federal debt ceiling without conditions, warning that a default on U.S. debt would cause an "economic and financial catastrophe." Yellen delivers in-person warning to US House members on debt ceiling 2023-03-10T05:00:00Z Dozens of real estate developers have defaulted on their debts to investors overseas. Why China Is Turning the Screw Tighter on Oversight of Banking and Tech 2023-03-09T05:00:00Z "To ensure America does not default on our debts, the House Freedom Caucus is offering a responsible solution." U.S. House Republican hardliners unveil spending demands for raising debt ceiling 2023-03-10T05:00:00Z “America will not default on our debts unless President Biden chooses to do so.” House Freedom Caucus lays out demands for debt-ceiling raise 2023-03-10T05:00:00Z If Biden and Congress fail to increase the statutory debt cap of $31.4 trillion by this summer, the government could default on payments and shove the U.S. economy into a recession. Biden budget seeks big deficit cuts in challenge to GOP 2023-03-08T05:00:00Z "In my assessment - and that of economists across the board - a default on our debt would trigger an economic and financial catastrophe," Yellen said in prepared remarks. Yellen delivers in-person warning to US House members on debt ceiling 2023-03-10T05:00:00Z China is the biggest bilateral creditor to Sri Lanka, which defaulted on its international debt last year. Analysis: China paves Sri Lanka's way to IMF funds, but debt talks remain uncertain 2023-03-08T05:00:00Z “Everyone has been talking up to now about how dangerous it would be to default on the national debt, and that’s right,” Ms. Warren said in an interview. Debt Default Would Cripple U.S. Economy, New Analysis Warns 2023-03-07T05:00:00Z Failure to lift the limit could lead to the first-ever default on U.S. debt sometime this summer. The Kevin McCarthy aide tasked with defusing the GOP’s debt limit bomb 2023-03-06T05:00:00Z The limit was reached in January, and the Biden administration is using financial maneuvers to avoid defaulting on Treasury securities. Inflation pressures put Powell in spotlight before Congress 2023-03-06T05:00:00Z Smaller developers were forced into bankruptcy and some defaulted on bonds, causing alarm in global financial markets. China sets this year’s economic growth target at ‘around 5%’ 2023-03-04T05:00:00Z While car owners default on payments for many reasons, Ford said things can get ugly as lenders go from potentially ignored notices to more escalatory steps. Newly published Ford patent would allow company to shut down key features if driver misses payments 2023-03-03T05:00:00Z Some developers collapsed and others defaulted on billions of dollars of debts to Chinese and foreign bond investors. Officials: China real estate recovering from debt crackdown 2023-03-02T05:00:00Z The action is seen as a warning that Pakistan is more likely to default on its foreign debts. Pakistani court orders arrest of former premier Imran Khan 2023-02-28T05:00:00Z One issue House Republicans must eventually work with Democrats on is raising the debt limit to avoid a U.S. default on its debt. Biden rallies House Democrats to tout their legislative success to voters 2023-03-01T05:00:00Z “For those Americans, this is a critical lifeline to ensure that they are not subject to the severe negative consequences of delinquency and default on student loan debt.” On student loan forgiveness, conservative justices skeptical of Biden plan 2023-02-28T05:00:00Z “They want to do away with the Affordable Care Act. Some threaten default on the national debt unless I accept certain economic plans,” Mr. Biden said. Biden raises specter of Obamacare repeal, hoping for leverage in budget talks with GOP 2023-02-28T05:00:00Z Failing to lift the debt ceiling could trigger a default on the federal government’s debt that would take a heavy toll on the American and probably world economies. Republican war on 'woke' policies creeps into U.S. debt-ceiling debate 2023-02-27T05:00:00Z Taken together, the moves by the I.R.S. run counter to two big economic issues bedeviling Washington — rapid inflation and concerns about the government’s ability to avoid defaulting on its debt. I.R.S. Decision Not to Tax Certain Payments Carries Fiscal Cost 2023-02-27T05:00:00Z The agency also plans a “fresh start” amnesty for the seven million borrowers — nearly one in every five people with payments due — who have defaulted on their loans. Challenges to Student Loan Cancellation Reach Supreme Court 2023-02-27T05:00:00Z Zee had acted as a guarantor for loans availed by a sister company, and India's IndusInd invoked the guarantee alleging default on payment, exchange filings show. India tribunal puts Zee insolvency on hold after warning of Sony merger delay 2023-02-24T05:00:00Z The Ethiopian government, which to date has not defaulted on any payments on the dollar-denominated bond, did not immediately respond to a Reuters request for comment on the proposal. Exclusive: Some investors offering Ethiopia maturity extension on 2024 bond - sources 2023-02-23T05:00:00Z More office landlords are defaulting on their debts, thanks to the rise of remote working. Republican bashing of E.S.G. gets a bit more complicated 2023-02-22T05:00:00Z Last week, the nonpartisan Congressional Budget Office projected that the department’s ability to prevent the United States from defaulting on its debt could be exhausted between July and September. U.S. Could Default on Debt as Early as Summer, New Estimate Says 2023-02-22T05:00:00Z While British inflation has come off the boil, steep energy and food bills are still pinching household budgets and have raised the risk of people defaulting on loans. Lloyds full-year profit flat as bad loan charge weighs 2023-02-22T05:00:00Z Fears of defaults on real estate projects last year triggered a credit crunch in South Korea's financial markets. South Korea's 'jeonse' rent-free renters hit by property downturn 2023-02-21T05:00:00Z After multiple developers defaulted on unsustainable levels of debt over the past two years, thousands of home buyers were left with unfinished apartments. China’s economic recovery hinges on consumers. They’re not spending. 2023-02-20T05:00:00Z Unless congress raises or suspends that cap, the government could begin to default on bonds that underpin the global financial system and are considered some of the safest investments. Analysis: Looming U.S. default risk prompts investors to cut some debt exposure 2023-02-21T05:00:00Z In a “market crash” scenario, real estate prices in flood zones plummet as many residents move away and default on their mortgages. Ignoring Climate Risks Has Inflated Property Values in Flood Zones 2023-02-17T05:00:00Z |
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