(Reuters) - If Washington doesn't reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.
Many people would not notice right away if the government hits a $16.7 trillion cap on...
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Oil slips as traders eye budget, Iran talks
NEW YORK (MarketWatch) — Oil futures retreated Tuesday as politicians appeared to make progress toward a deal to end Washington’s budget standoff and avert a default, while traders also focused on the first day of talks between Iran and major powers that could lead to an easing of sanctions against the country.
Nymex November...
Dollar rises on deal hopes; RBA sends Aussie up
LONDON (MarketWatch) — The dollar rose against most major currencies on Tuesday, finding support in signals from Washington that lawmakers are getting closer to end a stalemate on raising the U.S. debt ceiling and reopen government. Meanwhile the Aussie hit a four-month high after the release of minutes from the Reserve Bank of Australia.
The...
Washington progress sends gold to three-month low
Gold futures drop to a three-month low, giving back the prior session’s gains amid signs U.S. lawmakers are making progress in solving the issues related the to the debt ceiling and government shutdown
LONDON (MarketWatch) — Gold futures dropped to a three-month low on Tuesday, giving back the prior session’s gains amid signs U.S. lawmakers are...
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