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Tag: us economy

  • Deal Reached in US Debt Ceiling Negotiations

    After days of arduous negotiations, President Joe Biden and Republican House leaders have reached an agreement in principle on raising the US debt ceiling, avoiding a catastrophic default. The agreement, which is yet to be formally announced, is set to remove the existing $31.4 trillion debt ceiling over a two-year period. This keeps President Biden […]


  • US Economy Slows to 1.1% Growth in First Quarter

    The US economy cooled in the first quarter of 2023, registering a 1.1% growth in the period from January to March, according to the Office of Economic Analysis. This was well below the estimates of the main market surveys, which indicated a 2% rise, and a significant decline from the 2.6% registered in the fourth […]