Biden Betting McCarthy Blinks First in Debt Ceiling Showdown. Published May 09, 2023 at 5:00 AM EDT Updated May 09, ... Congress could suspend the debt ceiling, ...

The debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan compromise is causing fireworks for some companies that have emerged as winners.

Republicans and Democrats have remained deadlocked on a potential deal to raise the debt ceiling and avert a default. The US government reached its $38.381 trillion borrowing limit in January.

Call options betting that the Cboe Volatility Index, Traders are scooping up bets that would likely pay off in the event of a severe stock-market downturn following a potential debt-ceiling fiasco.

A debt-ceiling increase may unleash $1 trillion in Treasury supply very quickly Last Updated: May 31, 2023 at 5:51 p.m. ET First Published: May 31, 2023 at 4:34 p.m. ET Share ...

JPMorgan said the most likely outcome of the debt ceiling standoff is a deal to lift it before the US runs out of money. But the chances that the US will go beyond the default X-date without a ...

While the U.S. has never defaulted on its debt before, it came close in 2011, when House Republicans refused to pass a debt-ceiling increase, prompting rating agency Standard and Poor's to ...