A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Forecasts from Walmart and Home Depot made for a grim day of trading on Tuesday.
Debt ceiling woes, home sales and union troubles: What Investors are watching today ▸ A new report from the Bipartisan Policy Center projects that, absent Congressional action, the debt limit “X Date” — the day when the US federal government can no longer meet all its obligations in full and on time — will likely arrive in summer or early fall of 2023. BPC’s range takes into account newly available data from the Congressional Budget Office and the Treasury Department.
Now that their credit card have high interest rates and their savings are drained, what will happen
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Wall Street has a higher chance of hitting earnings estimates: Jeremy SiegelJeremy Siegel says earnings estimates on Wall Street have a higher chance of being met as recession risk eases
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