WASHINGTON—Wall Street firms are sounding alarm bells and dusting off contingency plans as fears grow that Congress may fail to reach a deal to raise the country’s debt limit in time, executives said. Federal government funding is due to expire on Thursday and borrowing authority is set to run out on Oct. 18. A failure…
Wall Street Firms Dust Off Plans as Debt Limit Talks Go to the Wire
Thursday, September 30, 2021: Epoch Sudoku
Hard Some benefits of playing Sudoku may include reducing anxiety and stress, and improving concentration, problem-solving skills, logical thinking, and memory.
JPMorgan’s Dimon Cautions a US Default Would Be ‘Potentially Catastrophic’
WASHINGTON—JPMorgan Chase & Co. has begun preparing for the possibility of the United States hitting its debt limit, Chief Executive Jamie Dimon told Reuters on Tuesday, adding he nevertheless expected policymakers to find a solution to avoid that “potentially catastrophic” event. The country’s largest lender has begun scenario-planning for how a potential U.S. credit default…
Thursday, September 30, 2021: Epoch Crossword
‘100 pesewas in Ghana’, ‘Greedy cry’, ‘Connect’, ‘Mimes’, and ‘Predates’ are some of the clues in this crossword puzzle from the September 30, 2021 edition of The Epoch Times newspaper.
CNN Denies Australians Access to Its Facebook Pages, Cites Defamation Risk
SYDNEY—CNN said it is preventing Australians from accessing its Facebook pages after a court ruled that publishers can be liable for defamation in public comment sections and the social media firm refused to help it disable comments in the country. The move makes CNN, which is owned by AT&T Inc., the first major news organization…
United Airlines CEO Says Vaccine Mandate Won’t Affect Operations
September 30, 2021
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AMERICABusiness & EconomyCCP VirusCEOCompanieseconomyIllinoisLocal NewsmandateoperationsRegional-Local NewsScott KirbyUnited AirlinesUSUS NewsVaccineVaccines & Safety
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CHICAGO—United Airlines Chief Executive Scott Kirby said on Wednesday the company’s decision to fire employees who defied its vaccine mandate will not affect the carrier’s operations. In an interview to CNBC, Kirby also said ticket sales have bottomed out, with the bookings for lucrative business travel rebounding to the levels seen in June. The comments…
House Passes Debt Ceiling Bill to Suspend Limit
Lawmakers in the House voted to pass a debt ceiling bill on Wednesday that would suspend the federal debt limit through to Dec. 17, 2022. In a 219–212 vote along party lines, the measure comes just weeks before the federal government would default on debt. Two Democrats voted against the bill, Reps. Kurt Schrader (D-Ore.)…
House Democrats Bill to Suspend Debt Limit Likely to Fail in Senate
The House on Wednesday passed legislation to suspend the nation’s borrowing limit largely along party lines, shortly after Treasury Secretary Janet Yellen warned members that the nation’s cash reserves will likely be exhausted unless lawmakers vote to do so by Oct. 18. In a 219-212 vote, lawmakers voted to pass the measure to suspend the…
As Americans Spend, Credit Card Debt Is Ticking Back Up
NEW YORK—Early in the pandemic, there were encouraging and surprising signs about the decline of credit card debt. Now, that trendline seems to be changing. Many Americans stayed at home at the start of COVID-19 and did not spend like they usually do. They also received several rounds of emergency cash assistance, helping to chop…
Legal Protections for Religion Are Protections for Us All
Commentary Unless we are vigilant, Australians will soon find that any public declaration or practice of an explicitly religious viewpoint—particularly a Christian one—whether in relation to gender, sexuality, euthanasia, or even history, will be condemned as harmful hate speech. And that condemnation is likely to become ever more bitter. For as things stand, there is…
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