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New week. We know exactly when the United States will run out of money. Treasury secretary sent a letter to congress this week saying unless Congress Raises the debt ceiling, the treasury will have 30 billion left by october 17th and possible expenditures of 60 billion on that date. Unless the debt ceiling is extending the government wont be able to borrow money and pay some of its bills. That has business cautious as John Chambers told me this week. We see opportunities and also challenges. You know whats going on at the fed and whats going on with the debt ceiling. The impact of orders coming out of federal being a bit more challenging and the retail sales. Most of my ceo counter parts and Industry Experts are cautious. The dow and s p 500 broke a losing streak o ....
Fairfax capital. They are announcing a loss of 1 billion dollar in the second quarter. Fall has arrived and so has fallen gas prices. Unleaded is nearing 3 a gallon, the lowest since january and more than 30 cents belobe last years record. The reason, record high demand rate and Falling Crude prices. Wall street has been holing its breath this week watching washington, wait to see what will happen with the fight. Theres reason to be opmistic. Keith banks is president of u. S. Trust. Its good to have you on the program. Good to be here. The market seems to be in pause mode. I guess were waiting on a number of things. The fight of the debt ceiling is expected to be a negative. Weve seen this movie before. Unfortunately. How does it play out . I think what u just described, especially the debt ceiling, we think that could cause a bit a pothole, not a sink hole in the market. We c sld see a 3 plus percent pull ckback. Even though its g ....
World Health Assembly Honors Global Health Champions at Special Ceremony devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
California Endowment Awards $85 Million to Bolster Community Organizing philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.