S&P posts 4th straight decline as recession talk weighs on Wall Street

Reuters | December 7, 2022

By David French (Reuters) – Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Meta Platforms Inc dragged down markets, with its shares sliding 6.8% following reports that European Union regulators […]

Exclusive: As split Congress odds increase, Yellen warns of need to lift debt ceiling

Reuters | November 12, 2022

By David Lawder NUSA DUA, Indonesia (Reuters) – With odds of a split U.S. Congress rising, Treasury Secretary Janet Yellen warned that lawmakers’ failure to raise the statutory limit on U.S. debt posed a “huge threat” to America’s credit rating and functioning of U.S. financial markets. Yellen told Reuters in an interview in New Delhi […]