President Joe Biden and House Speaker Kevin McCarthy will meet again on Monday to try to find a deal to avoid a U.S. default. Lawmakers are still far apart on an agreement to raise the federal borrowing limit, and time is running out. McCarthy said there's no agreement yet, despite a productive phone call with Biden. Biden called on Republicans to reconsider their extreme positions, as he finds their proposals…

Some of last week’s optimism around the outcome of the debt ceiling negotiations has faded, as latest rhetoric seems to be less conciliatory, with the June estimated deadline looming

The FAANG stocks are influential. They are registering as overbought, which may have broader market implications.

Watch today’s US Open for insights on the US debt ceiling hopes, Burberry’s solid FY2023 results, the key takeaways from Tesla’s Investor Day and more

The broader US index rose on Wednesday as optimism prevailed around regional banks and for a successful resolution to the debt ceiling saga, but there are still reasons for caution

The CEO of EV King Tesla covered a wide range of issues during Tuesday’s annual shareholder meeting, teasing two new vehicles, offering more insights on to the upcoming Cybertruck and more

President Biden met with key Republican and Democratic congressional leaders at the White House on Tuesday. They aimed to reach an agreement to raise the debt limit, but the discussions ended without a consensus.

Watch today’s US Open for commentary on the latest data from China, IEA’s upgrade in the 2023 oil demand outlook, latest and upcoming earnings and more

On Monday, European regulators granted approval to Microsoft's proposed acquisition of Activision Blizzard, a deal worth $69 billion. While this decision does not guarantee the acquisition's completion, it may assist Microsoft in addressing objections raised by the United States and the United Kingdom.

Last week, US headline inflation came in under 5% for the first time in two years. Core inflation was 5.5% y/y and is still looking sticky. Chinese CPI was a disappointing 0.1% y/y and Chinese factory-gate inflate declined 3.6% y/y. We also saw the BoE raise rates by 25 bps to 4.50%. This week will see a host of Fed speakers with Fed Chair Powell participating in a panel discussion…

Watch today’s US Open for commentary the rate hike by the Bank of England and its non-committal stance around future moves, the latest quarterly results by entertainment giant Disney and more