NEW YORK (Reuters) - Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders.
WASHINGTON — Insisting he is "willing to compromise," President Barack Obama called on US lawmakers Saturday to quickly forge a deal that would avert an early August debt default by the world's richest nation.
Japan was Friday considering a ban on shipments of all cattle fromFukushima prefecture, site of its tsunami-hit nuclear plant, as fears deepened about radioactive beef, Kyodo News reported.
NEW YORK (Reuters) - The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday.
WASHINGTON (Reuters) - Sharply divided by partisan bickering, President Barack Obama and top Republicans face growing doubts on Thursday about the prospects for reaching a deal to avoid a potentially disastrous debt default.
