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Chip stocks continue surging while retailers struggle. Heading into the weekend, a debt ceiling deal might be near.

President Biden’s Proposed Reforms Raise Concerns of Disruption in Medicare and Social Security Negotiations, Says McCarthy May 23, 2023

House Speaker questions the inclusion of Medicare and Social Security proposals, suspecting an attempt to disrupt debt ceiling negotiations From the perspective of CNN’s Hill Team In the latest development surrounding the debt ceiling negotiations, House Speaker Kevin McCarthy has voiced concerns that President Joe Biden’s inclusion of proposals related to Medicare and Social Security

Fed’s Powell Faces Mounting Pressure to Make a Decision on Interest Rates May 19, 2023

The upcoming policy meeting of the Federal Reserve has put its Chair, Jerome Powell, in the spotlight as various stakeholders eagerly await a resolution on interest rates. The prospect of no rate hike next month has brought a sense of relief to Wall Street, small businesses, and potential homebuyers, aligning with the expectations of many

What to know about the Trump-era rollback of bank rules, Silicon Valley Bank’s demise and the current crisis May 5, 2023

Experts admitted, told ABC News regulators missed “red flags” before the collapse. NO SHIT! RIGHT? Industry experts are concerned that the deregulatory reforms implemented during former President Donald Trump’s administration have contributed to the downfall of Silicon Valley Bank. Many progressive Democrats, including President Joe Biden, are pointing to the 2018 law that rolled back

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