default

By Andy Sullivan WASHINGTON (Reuters) – Americans are worried about the prospect of the U.S. government defaulting if Congress fails to raise the debt ceiling, but are divided over the …

LONDON (Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday, in the latest sign of investor nerves over the debt …

By Tim Reid (Reuters) – Republican former President Donald Trump on Wednesday played down the severity of a potential U.S. government default, saying the consequences of a failure by Congress …

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, asked on Wednesday about what the Fed would do in the event of a U.S. debt default, repeated the …

WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations as early as June 1 is its “best estimate” based …

(Reuters) – S&P Global on Tuesday slashed First Republic Bank’s credit rating deeper into junk territory after California banking regulators seized the U.S. lender and sold its assets. S&P cut …

(Reuters) – Federal Reserve Chair Jerome Powell at his press conference on Wednesday is likely to get asked – again – what contingencies he plans for in the event of …

By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as U.S. politicians discuss ways to avoid a …

By Davide Barbuscia CHICAGO (Reuters) – Former U.S. Treasury Secretary Lawrence Summers said the odds that the U.S. government could face a technical debt default due to legislation around its …

LONDON (Reuters) – The cost of insuring exposure to United States sovereign debt rose to its highest since 2011 on Wednesday, driven up by unease that the government could hit …

(Reuters) – The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on Friday, over market jitters that the government could hit its …

LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a “non-trivial risk” of a technical …

By Sergio Goncalves LISBON (Reuters) – The risk of default on mortgages in Portugal is low despite the steep rise in interest rates by the European Central Bank (ECB) because …

(Reuters) – S&P Global Ratings Credit Research & Insights said on Wednesday that it expects the U.S. trailing 12-month speculative-grade corporate default rate to reach 4% by December, more than …

BUENOS AIRES (Reuters) – Argentina has swapped 4.34 trillion pesos ($21.66 billion) in domestic debt, amounting to around 64% of loans due to mature through June and helping to ease …

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could lose jobs and federal benefit payments if Congress allows the …

(Reuters) – Congress lifting the debt ceiling is the “only way forward” to allow the federal government to meet its obligations and no one should expect the Federal Reserve to …

NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government, …

LONDON (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely to double and might even treble next year as rising …

BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, central bank data showed on …