News

U.S. debt default looming after more emergency talks

Published

1 year ago

May 17, 2023

ticker NEWS

Both parties agree on the need for urgent action

The fear of an unprecedented American debt default is looming, after emergency talks at the White House between Republicans and Congressional leaders.

House of Representatives Speaker Kevin McCarthy told reporters the two sides are still far apart.

“It is possible to get a deal by the end of the week. It’s not that difficult to get to an agreement.”

Biden and McCarthy sat down in the Oval Office with Senate Majority Leader Chuck Schumer, House Democratic leader Hakeem Jeffries and Senate Republican leader Mitch McConnell.

“Default is the worst, worst alternative,” Schumer added.

Both parties agree on the need for urgent action.

A similar 2011 standoff over the debt limit led to a historic downgrade of the U.S. credit rating, sparking a sell-off in stocks and pushing the government’s borrowing costs higher.

News

U.S. home prices surge 47%

Published

10 hours ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

News

Portal between countries shut down after international flashing

Published

20 hours ago

May 16, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Leaders

Trump and Biden agree to a double debate showdown

Published

20 hours ago

May 16, 2024

Nathan Langridge

Former President Donald Trump and current President Joe Biden have agreed to participate in two debates in June and September.

On this episode of Ticker Hot Shots – Former President Donald Trump and current President Joe Biden agree to a double debate, Trump backs AUKUS, MacDonalds creates a price friendly meal and Prince Harry faces the financial music. #featured #trending #hotshots