Every few years, Washington plays a dangerous game of chicken over whether to raise the debt ceiling or default on US debt. Even if a default is avoided this time, the frequent nature of these political showdowns could cause America's credit rating to get downgraded, Fitch Ratings told CNN on Monday.
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| News: What you need to know about the markets | | | | | | America's credit rating could get downgraded even if a default is avoided, Fitch Ratings warns
| | Every few years, Washington plays a dangerous game of chicken over whether to raise the debt ceiling or default on US debt. Even if a default is avoided this time, the frequent nature of these political showdowns could cause America's credit rating to get downgraded, Fitch Ratings told CNN on Monday. Read more » | | | This developer is happy that new home construction is falling
| | Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of potential homebuyers are finding it difficult to finance homes. Read more » | | | She was weeks away from maternity leave at Twitter. Then Elon Musk took over
| | Bim Ali was early in her first pregnancy when billionaire Elon Musk agreed to buy Twitter, where she worked as an engineer on the Redbird core technologies team. During the months of intense uncertainty that followed, Ali stuck with the company, attempting to tune out the deluge of news about the on-again, off-again deal to focus on her health and the health of her child. Read more » | | | Tesla cuts prices on its most expensive models
| | Tesla has cut prices on its two most expensive electric vehicles in the United States, according to the company's website, days after CEO Elon Musk said recent price cuts on other models had stoked demand. Read more » | | | More rate hikes are needed, says Fed's Mary Daly
| | Federal Reserve policymakers will need to raise interest rates higher and keep them there longer to tackle the higher prices caused by sticky inflation, San Francisco Fed President Mary Daly said Saturday. Read more » | | | It's Hell Week on Wall Street
| | Wall Street investors are gearing up for their version of Hell Week — a torrent of jobs data coming over the next few days could easily lead to volatile market swings. Read more » | | | | | | | | | |
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| | | +40.47 | | -13.27 | | +2.78 | | 33,431.44 | | 11,675.74 | | 4,048.42 | | +0.12% | | -0.11% | | +0.07% | | YTD +0.86% | | YTD +11.55% | | YTD +5.44% | | | |
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| Biggest Winners | | Lumen Technologies Inc | +4.10% | | | | Merck & Co Inc | +3.95% | | | | Domino's Pizza Inc | +3.79% | | | | PG&E Corp | +2.39% | | | Biggest Losers | | VF Corp | -5.37% | | | | Mohawk Industries Inc | -4.10% | | | | EQT Corp | -4.08% | | | | Catalent Inc | -3.93% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $80.51 | +0.83 / +1.04% | | | Gold | $1,852.70 | -1.90 / -0.10% | | | 10-yr | 3.98% | +0.02 | | | Euro | $1.07 | +0.01 / +0.49% | | |
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