Articles

  • 1 week ago | news.bloombergtax.com | Jarrell Dillard |Romaine Bostick |Carol Massar

    The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend the debt ceiling. CBO Director Phillip Swagel said federal revenues appear to be tracking earlier projections, suggesting the Treasury has a few more months before it could run out of cash to keep paying its obligations in full and on time, risking a potential default.

  • 1 week ago | news.bloombergtax.com | Jarrell Dillard |Romaine Bostick |Carol Massar

    The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend the debt ceiling. CBO Director Phillip Swagel said federal revenues appear to be tracking earlier projections, suggesting the Treasury has a few more months before it could run out of cash to keep paying its obligations in full and on time, risking a potential default.

  • 1 week ago | news.bloomberglaw.com | Jarrell Dillard |Romaine Bostick |Carol Massar

    The head of the nonpartisan Congressional Budget Office said that US government revenues appear to be tracking previous projections, giving the Treasury sufficient space probably until late summer before congressional action to address the debt limit becomes vital.

  • 1 week ago | bloomberg.com | Jarrell Dillard |Romaine Bostick |Carol Massar

    Phillip Swagel(Bloomberg) -- The head of the nonpartisan Congressional Budget Office said the US Treasury Department can likely keep paying the government’s bills until late summer before Congress must act to raise or suspend the debt ceiling. CBO Director Phillip Swagel said federal revenues appear to be tracking earlier projections, suggesting the Treasury has a few more months before it could run out of cash to keep paying its obligations in full and on time, risking a potential default.

  • 4 weeks ago | bloomberg.com | Carol Massar |Augusta Saraiva |Alicia Caldwell

    The effects of President Donald Trump’s immigration policies are reverberating beyond the border, with implications for millions of legal immigrants and forcing a reckoning in industries from tourism to education. What does this all mean for the US economy? Join Bloomberg’s Carol Massar, Alicia A. Caldwell and Augusta Saraiva for a live audio conversation on April 16 at 11:30 a.m. EDT.

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Carol Massar
Carol Massar @carolmassar
14 May 25

“History is replete with examples of a false sense of complacency setting in as bear markets begin, …..”

Carol Massar
Carol Massar @carolmassar

@ven_word @business “…. with pretty much every major decline from a peak witnessing a quick rebound. In all of those episodes, the initial relief rally faded and exposed investors to deeper losses over a longer period.”

Carol Massar
Carol Massar @carolmassar
12 May 25

RT @JerryKopensky: @SullyCNBC @carolmassar Seems like the bond market isn't putting credibility into the 'deal' as yields ascend.

Carol Massar
Carol Massar @carolmassar
12 May 25

https://t.co/hvK7YkOoD6