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Exclusive: As split Congress odds increase, Yellen warns of need to lift debt ceiling

Exclusive: As split Congress odds increase, Yellen warns of need to lift debt ceiling

© Reuters. US Treasury Secretary Janet Yellen attends the G20 Finance and Health Ministers meeting in Nusa Dua, Bali, Indonesia, November 12, 2022. Made Nagi/Pool via REUTERS   SPY +0.97% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price…

U.S. stops taking student debt forgiveness applications after ruling

U.S. stops taking student debt forgiveness applications after ruling

© Reuters. FILE PHOTO: U.S. President Joe Biden meets with Egypt’s President Abdel Fattah el-Sisi (not pictured), in Sharm el-Sheikh, Egypt, November 11, 2022. REUTERS/Kevin Lamarque/File Photo By Nate Raymond (Reuters) -The United States government has stopped taking applications for student debt relief, after a federal judge blocked President Joe Biden’s loan forgiveness plan, according…

Bank of Canada says labor market can weather a slump without a jobless surge

Bank of Canada says labor market can weather a slump without a jobless surge

© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada October 26, 2022. REUTERS/Patrick Doyle By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canada’s red-hot labor market can weather an economic slump without seeing a major surge in unemployment, Bank of Canada Governor Tiff Macklem…