The Latest Breaking News on Dow Jones Gains Despite Johnson Debt-Plan Hurdles; Cathie Wood Buys This Stock Amid 22% Plunge

Political brinkmanship in the United States brinkmanship could cause a painfully intractable economic crisis

A debt ceiling agreement hasn’t been reached, but there’s talk that Republicans could soon propose a bill to address some key tax changes.

June S&P 500 futures (ESM23) are trending down -0.33% this morning after three major U.S. benchmark indices finished the regular session solidly lower as worries about a potential U.S. default hurt risk sentiment, while market participants also waited for minutes from the Federal Reserve’s last meeting.

House Republicans insist there's a gulf between them and the White House on key areas on how to resolve the looming debt ceiling deadline.

Debt ceiling negotiations are locked on a classic problem that has vexed Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not

The 6/1 debt deal deadline seems to loom large for the stock market (SPY). Yet that is nothing more than a side show and distraction from what really matters. 40 year investment veteran Steve Reitmeister explains what investors need to focus on to stay ahead of the market in the…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.69% and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -1.28%. Stock indexes Monday posted moderate losses as U.S. debt...

While a Monday night meeting between Biden and McCarthy was "productive," there are no signs the two sides are nearing a deal.

Debt limit talks broke down again Tuesday as negotiators described disagreements over spending levels and other policy add-ons.