A U.S. debt default would lead to a slump in stock and bond markets, while eroding the U.S.' financial standing in the world, analysts say.
Michael M. Santiago/Getty Images
hide caption
Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.
A U.S. debt default would lead to a slump in stock and bond markets, while eroding the U.S.' financial standing in the world, analysts say.
Michael M. Santiago/Getty Images
hide caption
Timothy Keller, an influential New York City pastor, author, and founder of the Gospel Coalition, died at age 72.
Nathan Troester/Icon Media Group
hide caption
Presidential candidate Carlos Pineda, of the Prosperidad Ciudadana party, arrives to the Constitutional Court in Guatemala City, Saturday, May 20, 2023. Pineda seeks to reverse a court decision that has excluded him from the electoral process.
Moises Castillo/AP
hide caption
A patch on a pair of Levi 513 jeans. An immigrant tailor Jacob Davis teamed up with dry goods merchant Levi Strauss to patent the first rivet blue jeans in 1873.
Justin Sullivan/Getty Images
hide caption
Strippers react to their colleagues addressing the crowd at a rally in support of dancers from the Star Garden Topless Dive Bar in North Hollywood, Calif., in August.
Frederic J. Brown/AFP/Getty Images
hide caption
A commercial for the Temu app run by production services company The Lift in Mexico City. This ad aired during the 2023 Super Bowl.
Courtesy of The Lift
hide caption
