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World
U.S. Expected to Begin Blocking Russian Bond Payments to Americans
The Biden administration is expected to begin blocking Russia from paying American bondholders next week, increasing the likelihood of the…
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Business
S&P Global Places Russia in ‘Selective Default’
S&P Global has placed Russia under a “selective default” rating after the Russian government said last week that it had…
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Business
A Question of Default
Moscow's financial district.Credit...Agence France-Presse — Getty ImagesPayback time Today is the beginning of what is likely a long battle over…
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Business
Finance executives say the risk of a default is already damaging the economy.
President Biden met with finance executives on Wednesday as he continued to try to put maximum pressure on Senate Republicans…
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Business
What the Debt Ceiling Means for Social Security and More
The federal government is about two weeks away from being unable to pay its bills — and that could delay…
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Politics
Biden Calls Curbing Filibuster to Raise Debt Limit ‘a Real Possibility’
WASHINGTON — President Biden said on Tuesday that Democrats are considering a change to Senate filibuster rules to bypass a…
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Politics
As the U.S. Hurtles Toward a Debt Crisis, What Does McConnell Want?
WASHINGTON — In March 2006, as the government veered dangerously close to a default, Senator Mitch McConnell of Kentucky, the…
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Business
Biden accuses Republicans of being ‘reckless’ over the debt limit increase.
WASHINGTON — President Biden excoriated Republicans on Monday for blocking his party’s efforts to raise the debt ceiling weeks before…
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Business
What a U.S. Debt Default Would Look Like
Treasury Secretary Janet Yellen told Congress that the debt limit must be raised by Oct. 18.Credit...Stefani Reynolds for The New…
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Politics
How the Debt Ceiling Came to Be a Political Cudgel
Sign up here to get On Politics in your inbox every Tuesday and Thursday. Over the weekend, Germany conducted a…
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