Quantcast

Tag Archives: debt

U.S. stocks rise slightly after big fall

NEW YORK — U.S. stocks are rising in early trading, a day after their worst drop since 2008. The Federal Reserve meets Tuesday and traders are speculating that it may announce more help for the economy, which has stumbled this ...

Read More »

Maryland credit rating: AAA or TBA

The future of Maryland’s sterling credit rating hung in doubt Monday evening after the downgrade of the nation’s debt whipped investors into a panic and pushed the stock market into a free fall. The months-long stalemate on Capitol Hill that ...

Read More »

GOP retools plan as Congress seeks debt fix

WASHINGTON — Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner to increase the U.S. borrowing limit and chop $1 trillion in federal spending. ...

Read More »

Challenging Obama, House GOP unveils new debt bill

WASHINGTON — In a blunt challenge to President Barack Obama, House Republicans drafted legislation Monday to avert a threatened Aug. 2 government default — but along lines the White House has already dismissed. U.S. financial markets shrugged off the uncertainty. ...

Read More »