The Latest Breaking News from Janet Yellen

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.01% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

The two leaders met in person Monday at the White House after a "productive" phone call on Sunday about the debt ceiling. The U.S. could run out of money to pay its bills as early as June 1.

It sounds obvious, but it’s a fact that my very best small-business clients are always thinking ahead

Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?

There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?

President Biden and House Speaker McCarthy hold debt-ceiling talks today. Micron fell on new China sanctions, with other chip stocks down.

The major indexes swung lower Friday after lawmakers reached an impasse in debt ceiling negotiations.

Behind closed doors, Yellen says borrowing costs are already rising.

John Allan to stand down after allegations of inappropriate behaviour, while latest Sunday Times rich list shows first fall in the number of billionaires since financial crisis