Deutsche Bank shares fell 9% in early trade on Friday after a spike in credit default swaps on Thursday night, as concerns about the stability of Europe’s banks persisted.
Treasury will exhaust its emergency measures sometime between July and September unless Congress raises the debt ceiling, the Congressional Budget Office says.
Yellen previously said she believes the U.S. government can keep paying its bills until at least early June by deploying extraordinary measures.
Many individuals and businesses rely on Google and Microsoft email programs created long ago, and big tech email ‘age’ is a big cybersecurity risk.
Treasury Secretary Janet Yellen wrote House Speaker Kevin McCarthy, “It is unlikely that cash and extraordinary measures will be exhausted before early June.”
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}