Tag Archives: extraordinary

U.S. officially hits debt limit, begins ‘extraordinary measures’ to pay bills

U.S. officially hits debt limit, begins ‘extraordinary measures’ to pay bills

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

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U.S. officially hits debt limit, begins ‘extraordinary measures’ to pay bills

U.S. officially hits debt limit, begins ‘extraordinary measures’ to pay bills

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

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Biden administration weighs extraordinary action to make your mortgage cheaper

Biden administration weighs extraordinary action to make your mortgage cheaper

The Biden administration may trim mortgage costs for new and low-income homebuyers in a move to make homebuying more accessible, The Wall Street Journal reports. Industry officials are asking the Federal Housing Administration to cut premiums it charges for loans they insure by $50 to $70 a month per buyer, though some analysts say the federal agency is unlikely to make such deep cuts, the newspaper reports. Biden’s moves to make homebuying more affordable have so far centered on easing… Source link

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Sporting world stunned by extraordinary scenes

An aerial view of the Vegas Golden Knights and Colorado Avalanche playing the NHL Outdoors game at Lake Tahoe. (Photo by Ezra Shaw/Getty Images) The sporting world melted down over stunning scenes at Lake Tahoe on Saturday as the NHL attempted to hold its first-ever game outdoors. Unfortunately for players and fans, the ice also melted down under the bright sunshine. ‘CLASS’: Naomi Osaka’s incredible act after Aus Open final ‘DISGUSTING’: Donald Trump lawyer caught in up-skirt scandal The finish… Source link

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Robinhood restricts Instant Buying of crypto, citing ‘extraordinary market conditions’

One day after trading app Robinhood halted buying of red-hot stocks like GameStop and AMC, infuriating customers, the app turned off a key cryptocurrency buying feature on Friday. The paid feature, Instant Buying, allows customers to transfer funds from a bank account and use the funds immediately, before they have been settled. “Due to extraordinary market conditions, we’ve temporarily turned off Instant Buying power for crypto,” Robinhood said in a statement to Yahoo Finance…. Source link

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Former Pentagon chiefs speak out, send extraordinary warning to Trump

The Conversation The ‘gateway drug to corruption and overspending’ is returning to Congress – but are earmarks really that bad? Congressional earmarks – otherwise known as “pork barrel spending” – may be coming back. For decades, earmarks paid for pet projects back in lawmakers’ districts, with the tacit aim to earn those lawmakers votes. In turn, the awards encouraged legislators to vote for large spending bills. They have long been seen by many members of the public as well as… Source link

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The extraordinary history of the Santa Claus Rally: Morning Brief

Benzinga 6 Reasons Why You Should Not Buy A Home Owning a home might be the epitome of the American dream, but it’s not engraved in stone! So, if you’ve been toying with the idea of giving up homeownership, then, by all means, go for it. However, given that homeownership is perceived as the hallmark of wealth, giving it up is set to bring you a lot of controversies. Individuals in your circle might even criticize. But regardless of what the greater population thinks, here are good reasons… Source link

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