US House passes debt ceiling bill with spending cuts
Money Talks
English - May 01, 2023 09:54 - 2 minutesBusiness News Business News business money finance banking currency stocks politics economy economics analysis Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The world's biggest economy is slowing down, US GDP fell to an annualized 1.1 percent last quarter, after growing 2.6% from October through December. Politics may put further pressure on the US economy as lawmakers spar over raising the debt ceiling. If they disagree the US faces its first-ever default on its debt which would rock its economy and beyond, Tulay Kalyon Haznederoglu has more:
#USHouse #DebtCeiling #USEconomy