Bonds

US Treasury takes first steps to avoid exceeding debt limit

The Treasury Department is taking the first steps to keep the government from exceeding the $22 trillion debt limit which goes back into effect on Saturday, setting off what will likely be months of battle in Congress on finding ways to avoid an unprecedented default on the national debt.

Tesla to pay off $920M in bonds with company cash

Tesla Inc. will retire $920 million worth of convertible notes in cash when they come due on Friday, using up about one quarter of the cash available for capital spending and future debt payments.

Asian shares mostly higher, extending Wall St advance

Stocks edged between small gains and losses in early trading on Wall Street Tuesday as U.S. markets reopened following the Presidents Day holiday and as investors sized up the latest company earnings reports.

Mixed finish for US stock indexes over weak retail sales

New figures showing that last month's holiday sales were far worse than previously expected helped drive stocks lower on Wall Street early Thursday, threatening to end a four-day winning streak for the S&P 500 index.

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___ Q&A: Should anyone worry about a $22 trillion national debt?