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03-17
$Intel(INTC)$
Jacpot 777
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PALANTIR be Care Full ..........................
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02-04
NAVIDIA reBound ..............................................
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2023-05-28
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Wall Street Indexes End Sharply Higher on Optimism About Debt Ceiling
Biden, McCarthy appear to close in on US debt ceiling dealMarvell Technology jumps on upbeat forecas
Wall Street Indexes End Sharply Higher on Optimism About Debt Ceiling
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2023-05-28
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Biden, McCarthy Have Tentative US Debt Ceiling Deal
WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCar
Biden, McCarthy Have Tentative US Debt Ceiling Deal
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2023-05-28
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US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says
WASHINGTON, May 26 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday the government wo
US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says
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2023-05-28
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Hot Inflation Puts Another Fed Hike In Play for June or July
‘This is the wrong direction for the Fed,’ raising hike oddsEmployment, consumer prices reports due
Hot Inflation Puts Another Fed Hike In Play for June or July
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2023-05-28
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2023-05-26
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2023-05-26
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Ignore the Hype: 3 No-Brainer Stocks to Buy Now to Benefit From the AI Revolution
AI has gone viral. There's a reason some stocks are the most obvious choices.
Ignore the Hype: 3 No-Brainer Stocks to Buy Now to Benefit From the AI Revolution
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..........................","listText":"PALANTIR be Care Full ..........................","text":"PALANTIR be Care Full ..........................","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/400125550314096","isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":400125707886736,"gmtCreate":1738711981154,"gmtModify":1738711985885,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"NAVIDIA reBound ..............................................","listText":"NAVIDIA reBound ..............................................","text":"NAVIDIA reBound 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1685141921,"share":"https://ttm.financial/m/news/2338075051?lang=&edition=full_marsco","pubTime":"2023-05-27 06:58","market":"us","language":"en","title":"Wall Street Indexes End Sharply Higher on Optimism About Debt Ceiling","url":"https://stock-news.laohu8.com/highlight/detail?id=2338075051","media":"Reuters","summary":"Biden, McCarthy appear to close in on US debt ceiling dealMarvell Technology jumps on upbeat forecas","content":"<html><head></head><body><ul><li><p>Biden, McCarthy appear to close in on US debt ceiling deal</p></li><li><p>Marvell Technology jumps on upbeat forecast</p></li><li><p>Ford up rallies on deal to use Tesla's charging stations</p></li><li><p>Indexes close: S&P 500 +1.30%, Nasdaq +2.19%, Dow +1.00%</p></li></ul><p>May 26 (Reuters) - U.S. stocks finished sharply higher on Friday as talks on raising the U.S. debt ceiling progressed, while chip stocks surged for a second straight day on optimism about artificial intelligence.</p><p style=\"text-align: start;\">After several rounds of talks, U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be nearing a deal to increase the government's $31.4 trillion debt limit for two years, while capping spending on most items, a U.S. official told Reuters.</p><p>The Dow Jones Industrial Average ended a five-day losing streak, while the Nasdaq Composite Index and S&P 500 closed at their highest levels since August 2022, with the S&P 500 above 4,200 points.</p><p style=\"text-align: start;\">The Philadelphia Semiconductor Index jumped 6.3%, bringing its gain in the past two sessions to over 13%. Building on recent euphoria related to AI, Marvell Technology Inc jumped 32% after the chipmaker said it would double its annual revenue related to AI.</p><p>Investors were closely watching debt ceiling talks as Biden and McCarthy still seemed at odds over several issues heading into the long weekend, with the U.S. stock market closed on Monday for the Memorial Day holiday.</p><p style=\"text-align: start;\">"All the signs point to a deal getting done and this rally being sustained, but if we get through the weekend and we don't have a deal or it falls apart in some way, then we're going to wake up Tuesday morning to some pretty material losses," said Scott Ladner, chief investment officer at Horizon Investments in Charlotte, North Carolina.</p><p style=\"text-align: start;\">Nvidia Corp's stock climbed 2.5%, adding to its 24% gain on Thursday following its blowout forecast and elevating its stock market value to around $960 billion, according to Refinitiv.</p><p style=\"text-align: start;\">The S&P 500 climbed 1.30% to end at 4,205.45 points.</p><p>The Nasdaq gained 2.19% at 12,975.69 points, while Dow Jones Industrial Average rose 1.00% to 33,093.34 points.</p><p style=\"text-align: start;\">Of the 11 S&P 500 sector indexes, eight rose, led by information technology, up 2.68%, followed by a 2.38% gain in consumer discretionary.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cba3efecd447978f76f6f22a0131cdfd\" title=\"Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 19, 2023. REUTERS/Brendan McDermid\" tg-width=\"5134\" tg-height=\"3423\"/><span>Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 19, 2023. REUTERS/Brendan McDermid</span></p><p>Volume on U.S. exchanges was relatively light, with 9.8 billion shares traded, compared to an average of 10.5 billion shares over the previous 20 sessions.</p><p style=\"text-align: start;\">For the week, the S&P 500 rose 0.3%, the Dow fell 1.0% and the Nasdaq jumped 2.5%.</p><p style=\"text-align: start;\">Data showed U.S. consumer spending increased more than expected in April and inflation picked up, which could prompt the Federal Reserve to raise interest rates again next month.</p><p style=\"text-align: start;\">"We still have inflation, we still have higher interest rates and that will continue to be an overhang for the market until the Federal Reserve goes on the sidelines," said David Sadkin, president at Bel Air Investment Advisors.</p><p style=\"text-align: start;\">Traders now see a 60% chance of a 25-basis-point hike by the Fed in its June policy meet, up from about 40% before the data, according to the CME FedWatch tool.</p><p style=\"text-align: start;\">Ford Motor Co jumped 6.2% after the automaker signed a deal allowing customers to access more than 12,000 Tesla Inc Superchargers in North America in early 2024. Tesla jumped 4.7%.</p><p>Ulta Beauty Inc plummeted 13.4% after the cosmetics retailer cut its annual operating margin forecast.</p><p style=\"text-align: start;\">Paramount Global rallied 5.9% after the media conglomerate's controlling shareholder National Amusements received a $125 million investment.</p><p style=\"text-align: start;\">Advancing issues outnumbered falling ones within the S&P 500 by a 2.2-to-one ratio.</p><p style=\"text-align: start;\">The S&P 500 posted 17 new highs and 15 new lows; the Nasdaq recorded 77 new highs and 115 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Indexes End Sharply Higher on Optimism About Debt Ceiling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Indexes End Sharply Higher on Optimism About Debt Ceiling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-27 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p>Biden, McCarthy appear to close in on US debt ceiling deal</p></li><li><p>Marvell Technology jumps on upbeat forecast</p></li><li><p>Ford up rallies on deal to use Tesla's charging stations</p></li><li><p>Indexes close: S&P 500 +1.30%, Nasdaq +2.19%, Dow +1.00%</p></li></ul><p>May 26 (Reuters) - U.S. stocks finished sharply higher on Friday as talks on raising the U.S. debt ceiling progressed, while chip stocks surged for a second straight day on optimism about artificial intelligence.</p><p style=\"text-align: start;\">After several rounds of talks, U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be nearing a deal to increase the government's $31.4 trillion debt limit for two years, while capping spending on most items, a U.S. official told Reuters.</p><p>The Dow Jones Industrial Average ended a five-day losing streak, while the Nasdaq Composite Index and S&P 500 closed at their highest levels since August 2022, with the S&P 500 above 4,200 points.</p><p style=\"text-align: start;\">The Philadelphia Semiconductor Index jumped 6.3%, bringing its gain in the past two sessions to over 13%. Building on recent euphoria related to AI, Marvell Technology Inc jumped 32% after the chipmaker said it would double its annual revenue related to AI.</p><p>Investors were closely watching debt ceiling talks as Biden and McCarthy still seemed at odds over several issues heading into the long weekend, with the U.S. stock market closed on Monday for the Memorial Day holiday.</p><p style=\"text-align: start;\">"All the signs point to a deal getting done and this rally being sustained, but if we get through the weekend and we don't have a deal or it falls apart in some way, then we're going to wake up Tuesday morning to some pretty material losses," said Scott Ladner, chief investment officer at Horizon Investments in Charlotte, North Carolina.</p><p style=\"text-align: start;\">Nvidia Corp's stock climbed 2.5%, adding to its 24% gain on Thursday following its blowout forecast and elevating its stock market value to around $960 billion, according to Refinitiv.</p><p style=\"text-align: start;\">The S&P 500 climbed 1.30% to end at 4,205.45 points.</p><p>The Nasdaq gained 2.19% at 12,975.69 points, while Dow Jones Industrial Average rose 1.00% to 33,093.34 points.</p><p style=\"text-align: start;\">Of the 11 S&P 500 sector indexes, eight rose, led by information technology, up 2.68%, followed by a 2.38% gain in consumer discretionary.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cba3efecd447978f76f6f22a0131cdfd\" title=\"Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 19, 2023. REUTERS/Brendan McDermid\" tg-width=\"5134\" tg-height=\"3423\"/><span>Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 19, 2023. REUTERS/Brendan McDermid</span></p><p>Volume on U.S. exchanges was relatively light, with 9.8 billion shares traded, compared to an average of 10.5 billion shares over the previous 20 sessions.</p><p style=\"text-align: start;\">For the week, the S&P 500 rose 0.3%, the Dow fell 1.0% and the Nasdaq jumped 2.5%.</p><p style=\"text-align: start;\">Data showed U.S. consumer spending increased more than expected in April and inflation picked up, which could prompt the Federal Reserve to raise interest rates again next month.</p><p style=\"text-align: start;\">"We still have inflation, we still have higher interest rates and that will continue to be an overhang for the market until the Federal Reserve goes on the sidelines," said David Sadkin, president at Bel Air Investment Advisors.</p><p style=\"text-align: start;\">Traders now see a 60% chance of a 25-basis-point hike by the Fed in its June policy meet, up from about 40% before the data, according to the CME FedWatch tool.</p><p style=\"text-align: start;\">Ford Motor Co jumped 6.2% after the automaker signed a deal allowing customers to access more than 12,000 Tesla Inc Superchargers in North America in early 2024. Tesla jumped 4.7%.</p><p>Ulta Beauty Inc plummeted 13.4% after the cosmetics retailer cut its annual operating margin forecast.</p><p style=\"text-align: start;\">Paramount Global rallied 5.9% after the media conglomerate's controlling shareholder National Amusements received a $125 million investment.</p><p style=\"text-align: start;\">Advancing issues outnumbered falling ones within the S&P 500 by a 2.2-to-one ratio.</p><p style=\"text-align: start;\">The S&P 500 posted 17 new highs and 15 new lows; the Nasdaq recorded 77 new highs and 115 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","SOX":"费城半导体指数","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC",".IXIC":"NASDAQ Composite","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4581":"高盛持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4504":"桥水持仓","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","F":"福特汽车","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）",".DJI":"道琼斯","LU0056508442.USD":"贝莱德世界科技基金A2","PARA":"Paramount Global","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","MRVL":"迈威尔科技","NVDA":"英伟达","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","ULTA":"Ulta美容",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","BK4555":"新能源车","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4588":"碎股","TSLA":"特斯拉","BK4550":"红杉资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","COMP":"Compass, Inc."},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-indexes-202733293.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338075051","content_text":"Biden, McCarthy appear to close in on US debt ceiling dealMarvell Technology jumps on upbeat forecastFord up rallies on deal to use Tesla's charging stationsIndexes close: S&P 500 +1.30%, Nasdaq +2.19%, Dow +1.00%May 26 (Reuters) - U.S. stocks finished sharply higher on Friday as talks on raising the U.S. debt ceiling progressed, while chip stocks surged for a second straight day on optimism about artificial intelligence.After several rounds of talks, U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be nearing a deal to increase the government's $31.4 trillion debt limit for two years, while capping spending on most items, a U.S. official told Reuters.The Dow Jones Industrial Average ended a five-day losing streak, while the Nasdaq Composite Index and S&P 500 closed at their highest levels since August 2022, with the S&P 500 above 4,200 points.The Philadelphia Semiconductor Index jumped 6.3%, bringing its gain in the past two sessions to over 13%. Building on recent euphoria related to AI, Marvell Technology Inc jumped 32% after the chipmaker said it would double its annual revenue related to AI.Investors were closely watching debt ceiling talks as Biden and McCarthy still seemed at odds over several issues heading into the long weekend, with the U.S. stock market closed on Monday for the Memorial Day holiday.\"All the signs point to a deal getting done and this rally being sustained, but if we get through the weekend and we don't have a deal or it falls apart in some way, then we're going to wake up Tuesday morning to some pretty material losses,\" said Scott Ladner, chief investment officer at Horizon Investments in Charlotte, North Carolina.Nvidia Corp's stock climbed 2.5%, adding to its 24% gain on Thursday following its blowout forecast and elevating its stock market value to around $960 billion, according to Refinitiv.The S&P 500 climbed 1.30% to end at 4,205.45 points.The Nasdaq gained 2.19% at 12,975.69 points, while Dow Jones Industrial Average rose 1.00% to 33,093.34 points.Of the 11 S&P 500 sector indexes, eight rose, led by information technology, up 2.68%, followed by a 2.38% gain in consumer discretionary.Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 19, 2023. REUTERS/Brendan McDermidVolume on U.S. exchanges was relatively light, with 9.8 billion shares traded, compared to an average of 10.5 billion shares over the previous 20 sessions.For the week, the S&P 500 rose 0.3%, the Dow fell 1.0% and the Nasdaq jumped 2.5%.Data showed U.S. consumer spending increased more than expected in April and inflation picked up, which could prompt the Federal Reserve to raise interest rates again next month.\"We still have inflation, we still have higher interest rates and that will continue to be an overhang for the market until the Federal Reserve goes on the sidelines,\" said David Sadkin, president at Bel Air Investment Advisors.Traders now see a 60% chance of a 25-basis-point hike by the Fed in its June policy meet, up from about 40% before the data, according to the CME FedWatch tool.Ford Motor Co jumped 6.2% after the automaker signed a deal allowing customers to access more than 12,000 Tesla Inc Superchargers in North America in early 2024. Tesla jumped 4.7%.Ulta Beauty Inc plummeted 13.4% after the cosmetics retailer cut its annual operating margin forecast.Paramount Global rallied 5.9% after the media conglomerate's controlling shareholder National Amusements received a $125 million investment.Advancing issues outnumbered falling ones within the S&P 500 by a 2.2-to-one ratio.The S&P 500 posted 17 new highs and 15 new lows; the Nasdaq recorded 77 new highs and 115 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":924,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979066030,"gmtCreate":1685238166320,"gmtModify":1685238169756,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979066030","repostId":"1166098480","repostType":4,"repost":{"id":"1166098480","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1685234066,"share":"https://ttm.financial/m/news/1166098480?lang=&edition=full_marsco","pubTime":"2023-05-28 08:34","market":"us","language":"en","title":"Biden, McCarthy Have Tentative US Debt Ceiling Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1166098480","media":"Reuters","summary":"WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCar","content":"<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate.</p><p style=\"text-align: start;\">However, the deal was described in terms that indicated it may not be absolute, and without any celebration -- an indication of the bitter tenor of the negotiations, and the difficult path it has to pass through Congress before the United States runs out of money to pay its debts in early June.</p><p>"I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we've come to an agreement in principle that is worthy of the American people," McCarthy tweeted.</p><p style=\"text-align: start;\">The deal would raise the debt limit for two years while capping spending over that time, and includes some extra work requirements for programs for the poor.</p><p style=\"text-align: start;\">Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal.</p><p>"We still have more work to do tonight to finish the writing of it," McCarthy told reporters on Capitol Hill. McCarthy said he expects to finish writing the bill Sunday, then speak to Biden and have a vote on the deal on Wednesday.</p><p style=\"text-align: start;\">The deal will avert an economically destabilizing default, so long as they succeed in passing it through the narrowly divided Congress before the Treasury Department runs short of money to cover all its obligations, which it warned Friday will occur if the debt ceiling is not raised by June 5.</p><p style=\"text-align: start;\">Republicans who control the House of Representatives have pushed for steep cuts to spending and other conditions, including new work requirements on some benefit programs for low-income Americans and for funds to be stripped from the Internal Revenue Service, the U.S. tax agency.</p><p>They said they want to slow the growth of the U.S. debt, which is now roughly equal to the annual output of the country's economy.</p><p style=\"text-align: start;\">Negotiators have agreed to cap non-defense discretionary spending at 2023 levels for one year and increase it by 1% in 2025, sources said.</p><p style=\"text-align: start;\">The two sides have to carefully thread the needle in finding a compromise that can clear the House, with a 222-213 Republican majority, and Senate, with a 51-49 Democratic majority.</p><p style=\"text-align: start;\">One high-ranking member of the hardline House Freedom Caucus said they were in the process of gauging member sentiment, and unsure what the vote numbers might be.</p><p style=\"text-align: start;\">The long standoff spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. A default would take a far heavier toll, economists say, likely pushing the nation into recession, shaking the world economy and leading to a spike in unemployment.</p><p style=\"text-align: start;\">Biden for months refused to negotiate with McCarthy over future spending cuts, demanding that lawmakers first pass a "clean" debt-ceiling increase free of other conditions, and present a 2024 budget proposal to counter his issued in March. Two-way negotiations between Biden and McCarthy began in earnest on May 16.</p><p style=\"text-align: start;\">Democrats accused Republicans of playing a dangerous game of brinkmanship with the economy. Republicans say recent increased government spending is fueling the growth of the U.S. debt, which is now roughly equal to the annual output of the economy.</p><p style=\"text-align: start;\">The last time the nation got this close to default was in 2011, when Washington also had a Democratic president and Senate and a Republican-led House.</p><p style=\"text-align: start;\">Congress eventually averted default, but the economy endured heavy shocks, including the first-ever downgrade of the United States' top-tier credit rating and a major stock sell-off.</p><p style=\"text-align: start;\">The work to raise the debt ceiling is far from done. McCarthy has vowed to give House members 72 hours to read the legislation before bringing it to the floor for a vote. That will test whether enough moderate members support the compromises in the bill to overcome opposition from both hard-right Republicans and progressive Democrats.</p><p style=\"text-align: start;\">Then it will need to pass the Senate, where it will need at least nine Republican votes to succeed. There are multiple opportunities in each chamber along the way to slow down the process.</p><p style=\"text-align: start;\">The two sides had struggled to find common ground on spending levels. Republicans had pushed for an 8% cut to discretionary spending in the next fiscal year, followed by annual increases of 1% for several years.</p><p style=\"text-align: start;\">Biden had proposed keeping spending flat in the 2024 fiscal year, which starts Oct. 1, and raising it 1% the year after that. He also had called for closing some tax loopholes, which Republicans rejected.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden, McCarthy Have Tentative US Debt Ceiling Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden, McCarthy Have Tentative US Debt Ceiling Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-28 08:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate.</p><p style=\"text-align: start;\">However, the deal was described in terms that indicated it may not be absolute, and without any celebration -- an indication of the bitter tenor of the negotiations, and the difficult path it has to pass through Congress before the United States runs out of money to pay its debts in early June.</p><p>"I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we've come to an agreement in principle that is worthy of the American people," McCarthy tweeted.</p><p style=\"text-align: start;\">The deal would raise the debt limit for two years while capping spending over that time, and includes some extra work requirements for programs for the poor.</p><p style=\"text-align: start;\">Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal.</p><p>"We still have more work to do tonight to finish the writing of it," McCarthy told reporters on Capitol Hill. McCarthy said he expects to finish writing the bill Sunday, then speak to Biden and have a vote on the deal on Wednesday.</p><p style=\"text-align: start;\">The deal will avert an economically destabilizing default, so long as they succeed in passing it through the narrowly divided Congress before the Treasury Department runs short of money to cover all its obligations, which it warned Friday will occur if the debt ceiling is not raised by June 5.</p><p style=\"text-align: start;\">Republicans who control the House of Representatives have pushed for steep cuts to spending and other conditions, including new work requirements on some benefit programs for low-income Americans and for funds to be stripped from the Internal Revenue Service, the U.S. tax agency.</p><p>They said they want to slow the growth of the U.S. debt, which is now roughly equal to the annual output of the country's economy.</p><p style=\"text-align: start;\">Negotiators have agreed to cap non-defense discretionary spending at 2023 levels for one year and increase it by 1% in 2025, sources said.</p><p style=\"text-align: start;\">The two sides have to carefully thread the needle in finding a compromise that can clear the House, with a 222-213 Republican majority, and Senate, with a 51-49 Democratic majority.</p><p style=\"text-align: start;\">One high-ranking member of the hardline House Freedom Caucus said they were in the process of gauging member sentiment, and unsure what the vote numbers might be.</p><p style=\"text-align: start;\">The long standoff spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. A default would take a far heavier toll, economists say, likely pushing the nation into recession, shaking the world economy and leading to a spike in unemployment.</p><p style=\"text-align: start;\">Biden for months refused to negotiate with McCarthy over future spending cuts, demanding that lawmakers first pass a "clean" debt-ceiling increase free of other conditions, and present a 2024 budget proposal to counter his issued in March. Two-way negotiations between Biden and McCarthy began in earnest on May 16.</p><p style=\"text-align: start;\">Democrats accused Republicans of playing a dangerous game of brinkmanship with the economy. Republicans say recent increased government spending is fueling the growth of the U.S. debt, which is now roughly equal to the annual output of the economy.</p><p style=\"text-align: start;\">The last time the nation got this close to default was in 2011, when Washington also had a Democratic president and Senate and a Republican-led House.</p><p style=\"text-align: start;\">Congress eventually averted default, but the economy endured heavy shocks, including the first-ever downgrade of the United States' top-tier credit rating and a major stock sell-off.</p><p style=\"text-align: start;\">The work to raise the debt ceiling is far from done. McCarthy has vowed to give House members 72 hours to read the legislation before bringing it to the floor for a vote. That will test whether enough moderate members support the compromises in the bill to overcome opposition from both hard-right Republicans and progressive Democrats.</p><p style=\"text-align: start;\">Then it will need to pass the Senate, where it will need at least nine Republican votes to succeed. There are multiple opportunities in each chamber along the way to slow down the process.</p><p style=\"text-align: start;\">The two sides had struggled to find common ground on spending levels. Republicans had pushed for an 8% cut to discretionary spending in the next fiscal year, followed by annual increases of 1% for several years.</p><p style=\"text-align: start;\">Biden had proposed keeping spending flat in the 2024 fiscal year, which starts Oct. 1, and raising it 1% the year after that. He also had called for closing some tax loopholes, which Republicans rejected.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166098480","content_text":"WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate.However, the deal was described in terms that indicated it may not be absolute, and without any celebration -- an indication of the bitter tenor of the negotiations, and the difficult path it has to pass through Congress before the United States runs out of money to pay its debts in early June.\"I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we've come to an agreement in principle that is worthy of the American people,\" McCarthy tweeted.The deal would raise the debt limit for two years while capping spending over that time, and includes some extra work requirements for programs for the poor.Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal.\"We still have more work to do tonight to finish the writing of it,\" McCarthy told reporters on Capitol Hill. McCarthy said he expects to finish writing the bill Sunday, then speak to Biden and have a vote on the deal on Wednesday.The deal will avert an economically destabilizing default, so long as they succeed in passing it through the narrowly divided Congress before the Treasury Department runs short of money to cover all its obligations, which it warned Friday will occur if the debt ceiling is not raised by June 5.Republicans who control the House of Representatives have pushed for steep cuts to spending and other conditions, including new work requirements on some benefit programs for low-income Americans and for funds to be stripped from the Internal Revenue Service, the U.S. tax agency.They said they want to slow the growth of the U.S. debt, which is now roughly equal to the annual output of the country's economy.Negotiators have agreed to cap non-defense discretionary spending at 2023 levels for one year and increase it by 1% in 2025, sources said.The two sides have to carefully thread the needle in finding a compromise that can clear the House, with a 222-213 Republican majority, and Senate, with a 51-49 Democratic majority.One high-ranking member of the hardline House Freedom Caucus said they were in the process of gauging member sentiment, and unsure what the vote numbers might be.The long standoff spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. A default would take a far heavier toll, economists say, likely pushing the nation into recession, shaking the world economy and leading to a spike in unemployment.Biden for months refused to negotiate with McCarthy over future spending cuts, demanding that lawmakers first pass a \"clean\" debt-ceiling increase free of other conditions, and present a 2024 budget proposal to counter his issued in March. Two-way negotiations between Biden and McCarthy began in earnest on May 16.Democrats accused Republicans of playing a dangerous game of brinkmanship with the economy. Republicans say recent increased government spending is fueling the growth of the U.S. debt, which is now roughly equal to the annual output of the economy.The last time the nation got this close to default was in 2011, when Washington also had a Democratic president and Senate and a Republican-led House.Congress eventually averted default, but the economy endured heavy shocks, including the first-ever downgrade of the United States' top-tier credit rating and a major stock sell-off.The work to raise the debt ceiling is far from done. McCarthy has vowed to give House members 72 hours to read the legislation before bringing it to the floor for a vote. That will test whether enough moderate members support the compromises in the bill to overcome opposition from both hard-right Republicans and progressive Democrats.Then it will need to pass the Senate, where it will need at least nine Republican votes to succeed. There are multiple opportunities in each chamber along the way to slow down the process.The two sides had struggled to find common ground on spending levels. Republicans had pushed for an 8% cut to discretionary spending in the next fiscal year, followed by annual increases of 1% for several years.Biden had proposed keeping spending flat in the 2024 fiscal year, which starts Oct. 1, and raising it 1% the year after that. He also had called for closing some tax loopholes, which Republicans rejected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979068722,"gmtCreate":1685238102366,"gmtModify":1685238106009,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979068722","repostId":"2338365483","repostType":4,"repost":{"id":"2338365483","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1685146200,"share":"https://ttm.financial/m/news/2338365483?lang=&edition=full_marsco","pubTime":"2023-05-27 08:10","market":"us","language":"en","title":"US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2338365483","media":"Reuters","summary":"WASHINGTON, May 26 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday the government wo","content":"<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 26 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday the government would run short of money to pay its bills on June 5, which would trigger a potentially calamitous default, unless Congress raises the $31.4 trillion debt ceiling.</p><p style=\"text-align: start;\">Yellen's announcement allows a little more time for Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy to reach an accord to raise the federal government's self-imposed borrowing limit. Previously Treasury had said the deal needed to be reached as soon as June 1.</p><p>Representative Patrick McHenry, one of the Republican negotiators, said they could meet the June 5 deadline.</p><p style=\"text-align: start;\">"We're not done, but we're within the window of being able to perform this and we have to come to some really tough terms," he told reporters.</p><p style=\"text-align: start;\">Biden told reporters he thought the negotiators were very close to a deal.</p><p style=\"text-align: start;\">"Things are looking good. I'm very optimistic," Biden said.</p><p style=\"text-align: start;\">Negotiators appear to be nearing a deal to lift the limit for two years, but remain at odds over whether to stiffen work requirements for some anti-poverty programs.</p><p>Any agreement would have to win approval in the Republican-controlled House and the Democratic-led Senate before Biden could sign it into law - a process that could take more than a week.</p><p style=\"text-align: start;\">Negotiators have tentatively reached an agreement that would cap spending on many government programs next year, according to a U.S. official.</p><p style=\"text-align: start;\">The safety-net programs remained a sticking point. Lead Republican negotiator Garret Graves said his party would not drop its demand that they require more participants to hold a job.</p><p style=\"text-align: start;\">"Hell no. Not a chance," Graves told reporters.</p><p style=\"text-align: start;\">Biden and his fellow Democrats have resisted a Republican push to require childless adults under age 56 to show they are working or looking for work in order to qualify for the Medicaid health plan and the SNAP food-assistance program.</p><p style=\"text-align: start;\">The Republican proposal would require more participants in those programs to show they are working or looking for work. That would save $120 billion over 10 years but also force more than a million Americans out of those programs, according to the nonpartisan Congressional Budget Office.</p><p>Democrats have said the proposal would only create more red tape that would exclude people who would otherwise qualify.</p><p style=\"text-align: start;\">Medicaid and SNAP have scaled back in recent months after expanding dramatically during the COVID-19 pandemic. Biden in particular has resisted the work requirements for Medicaid, which covered 85 million Americans as of January.</p><h2 style=\"text-align: start;\">INVESTORS HOPE</h2><p style=\"text-align: start;\">A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.</p><p style=\"text-align: start;\">Wall Street's main indexes rose on Friday as investors hoped for progress in the negotiations. A two-year extension would mean Congress would not need to address the limit again until after the 2024 presidential election.</p><p style=\"text-align: start;\">The deal under consideration would increase funding for the military and veterans care while essentially holding non-defense discretionary spending at current-year levels, according to the official, who spoke on condition of anonymity.</p><p style=\"text-align: start;\">The deal might also scale back funding for the Internal Revenue Service, which got an extra $80 billion last year, in part to bolster enforcement and bring in more tax revenue. Republicans have sought to revoke that funding.</p><p style=\"text-align: start;\">The White House is working on a way to preserve its effort to target wealthy taxpayers, the official said.</p><p style=\"text-align: start;\">The Treasury Department had previously warned that it could be unable to cover all its obligations as soon as June 1.</p><p style=\"text-align: start;\">Several credit-rating agencies have said they have put the United States on review for a possible downgrade, which would push up borrowing costs and undercut its standing as the backbone of the global financial system.</p><p style=\"text-align: start;\">A similar 2011 standoff led Standard & Poor's to downgrade its rating on U.S. debt.</p><p style=\"text-align: start;\">Even if they reach a deal, leaders from both parties will have to work hard to round up enough votes for approval in Congress. Right-wing Republicans have insisted that any deal must include steep spending cuts, while Democrats have resisted the new work requirements for benefits programs.</p><p style=\"text-align: start;\">Most lawmakers have left Washington for the Memorial Day holiday, but congressional leaders have told them to be ready to return for votes when a deal is struck.</p><p style=\"text-align: start;\">House leaders have said lawmakers will get three days to ponder the deal before a vote. Any single lawmaker in the Senate has the power to tie up action for days. At least one, Republican Mike Lee, has threatened to do so.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-27 08:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 26 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday the government would run short of money to pay its bills on June 5, which would trigger a potentially calamitous default, unless Congress raises the $31.4 trillion debt ceiling.</p><p style=\"text-align: start;\">Yellen's announcement allows a little more time for Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy to reach an accord to raise the federal government's self-imposed borrowing limit. Previously Treasury had said the deal needed to be reached as soon as June 1.</p><p>Representative Patrick McHenry, one of the Republican negotiators, said they could meet the June 5 deadline.</p><p style=\"text-align: start;\">"We're not done, but we're within the window of being able to perform this and we have to come to some really tough terms," he told reporters.</p><p style=\"text-align: start;\">Biden told reporters he thought the negotiators were very close to a deal.</p><p style=\"text-align: start;\">"Things are looking good. I'm very optimistic," Biden said.</p><p style=\"text-align: start;\">Negotiators appear to be nearing a deal to lift the limit for two years, but remain at odds over whether to stiffen work requirements for some anti-poverty programs.</p><p>Any agreement would have to win approval in the Republican-controlled House and the Democratic-led Senate before Biden could sign it into law - a process that could take more than a week.</p><p style=\"text-align: start;\">Negotiators have tentatively reached an agreement that would cap spending on many government programs next year, according to a U.S. official.</p><p style=\"text-align: start;\">The safety-net programs remained a sticking point. Lead Republican negotiator Garret Graves said his party would not drop its demand that they require more participants to hold a job.</p><p style=\"text-align: start;\">"Hell no. Not a chance," Graves told reporters.</p><p style=\"text-align: start;\">Biden and his fellow Democrats have resisted a Republican push to require childless adults under age 56 to show they are working or looking for work in order to qualify for the Medicaid health plan and the SNAP food-assistance program.</p><p style=\"text-align: start;\">The Republican proposal would require more participants in those programs to show they are working or looking for work. That would save $120 billion over 10 years but also force more than a million Americans out of those programs, according to the nonpartisan Congressional Budget Office.</p><p>Democrats have said the proposal would only create more red tape that would exclude people who would otherwise qualify.</p><p style=\"text-align: start;\">Medicaid and SNAP have scaled back in recent months after expanding dramatically during the COVID-19 pandemic. Biden in particular has resisted the work requirements for Medicaid, which covered 85 million Americans as of January.</p><h2 style=\"text-align: start;\">INVESTORS HOPE</h2><p style=\"text-align: start;\">A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.</p><p style=\"text-align: start;\">Wall Street's main indexes rose on Friday as investors hoped for progress in the negotiations. A two-year extension would mean Congress would not need to address the limit again until after the 2024 presidential election.</p><p style=\"text-align: start;\">The deal under consideration would increase funding for the military and veterans care while essentially holding non-defense discretionary spending at current-year levels, according to the official, who spoke on condition of anonymity.</p><p style=\"text-align: start;\">The deal might also scale back funding for the Internal Revenue Service, which got an extra $80 billion last year, in part to bolster enforcement and bring in more tax revenue. Republicans have sought to revoke that funding.</p><p style=\"text-align: start;\">The White House is working on a way to preserve its effort to target wealthy taxpayers, the official said.</p><p style=\"text-align: start;\">The Treasury Department had previously warned that it could be unable to cover all its obligations as soon as June 1.</p><p style=\"text-align: start;\">Several credit-rating agencies have said they have put the United States on review for a possible downgrade, which would push up borrowing costs and undercut its standing as the backbone of the global financial system.</p><p style=\"text-align: start;\">A similar 2011 standoff led Standard & Poor's to downgrade its rating on U.S. debt.</p><p style=\"text-align: start;\">Even if they reach a deal, leaders from both parties will have to work hard to round up enough votes for approval in Congress. Right-wing Republicans have insisted that any deal must include steep spending cuts, while Democrats have resisted the new work requirements for benefits programs.</p><p style=\"text-align: start;\">Most lawmakers have left Washington for the Memorial Day holiday, but congressional leaders have told them to be ready to return for votes when a deal is struck.</p><p style=\"text-align: start;\">House leaders have said lawmakers will get three days to ponder the deal before a vote. Any single lawmaker in the Senate has the power to tie up action for days. At least one, Republican Mike Lee, has threatened to do so.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://news.google.com/rss/articles/CBMiaGh0dHBzOi8vd3d3LnJldXRlcnMuY29tL3dvcmxkL3VzL2JpZGVuLW1jY2FydGh5LWxvb2tpbmctY2xvc2UtdXMtZGVidC1jZWlsaW5nLWRlYWwtdHdvLXllYXJzLTIwMjMtMDUtMjYv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338365483","content_text":"WASHINGTON, May 26 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday the government would run short of money to pay its bills on June 5, which would trigger a potentially calamitous default, unless Congress raises the $31.4 trillion debt ceiling.Yellen's announcement allows a little more time for Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy to reach an accord to raise the federal government's self-imposed borrowing limit. Previously Treasury had said the deal needed to be reached as soon as June 1.Representative Patrick McHenry, one of the Republican negotiators, said they could meet the June 5 deadline.\"We're not done, but we're within the window of being able to perform this and we have to come to some really tough terms,\" he told reporters.Biden told reporters he thought the negotiators were very close to a deal.\"Things are looking good. I'm very optimistic,\" Biden said.Negotiators appear to be nearing a deal to lift the limit for two years, but remain at odds over whether to stiffen work requirements for some anti-poverty programs.Any agreement would have to win approval in the Republican-controlled House and the Democratic-led Senate before Biden could sign it into law - a process that could take more than a week.Negotiators have tentatively reached an agreement that would cap spending on many government programs next year, according to a U.S. official.The safety-net programs remained a sticking point. Lead Republican negotiator Garret Graves said his party would not drop its demand that they require more participants to hold a job.\"Hell no. Not a chance,\" Graves told reporters.Biden and his fellow Democrats have resisted a Republican push to require childless adults under age 56 to show they are working or looking for work in order to qualify for the Medicaid health plan and the SNAP food-assistance program.The Republican proposal would require more participants in those programs to show they are working or looking for work. That would save $120 billion over 10 years but also force more than a million Americans out of those programs, according to the nonpartisan Congressional Budget Office.Democrats have said the proposal would only create more red tape that would exclude people who would otherwise qualify.Medicaid and SNAP have scaled back in recent months after expanding dramatically during the COVID-19 pandemic. Biden in particular has resisted the work requirements for Medicaid, which covered 85 million Americans as of January.INVESTORS HOPEA failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.Wall Street's main indexes rose on Friday as investors hoped for progress in the negotiations. A two-year extension would mean Congress would not need to address the limit again until after the 2024 presidential election.The deal under consideration would increase funding for the military and veterans care while essentially holding non-defense discretionary spending at current-year levels, according to the official, who spoke on condition of anonymity.The deal might also scale back funding for the Internal Revenue Service, which got an extra $80 billion last year, in part to bolster enforcement and bring in more tax revenue. Republicans have sought to revoke that funding.The White House is working on a way to preserve its effort to target wealthy taxpayers, the official said.The Treasury Department had previously warned that it could be unable to cover all its obligations as soon as June 1.Several credit-rating agencies have said they have put the United States on review for a possible downgrade, which would push up borrowing costs and undercut its standing as the backbone of the global financial system.A similar 2011 standoff led Standard & Poor's to downgrade its rating on U.S. debt.Even if they reach a deal, leaders from both parties will have to work hard to round up enough votes for approval in Congress. Right-wing Republicans have insisted that any deal must include steep spending cuts, while Democrats have resisted the new work requirements for benefits programs.Most lawmakers have left Washington for the Memorial Day holiday, but congressional leaders have told them to be ready to return for votes when a deal is struck.House leaders have said lawmakers will get three days to ponder the deal before a vote. Any single lawmaker in the Senate has the power to tie up action for days. At least one, Republican Mike Lee, has threatened to do so.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979068474,"gmtCreate":1685238087998,"gmtModify":1685238091643,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979068474","repostId":"2338626109","repostType":4,"repost":{"id":"2338626109","kind":"highlight","pubTimestamp":1685151600,"share":"https://ttm.financial/m/news/2338626109?lang=&edition=full_marsco","pubTime":"2023-05-27 09:40","market":"us","language":"en","title":"Hot Inflation Puts Another Fed Hike In Play for June or July","url":"https://stock-news.laohu8.com/highlight/detail?id=2338626109","media":"Bloomberg","summary":"‘This is the wrong direction for the Fed,’ raising hike oddsEmployment, consumer prices reports due ","content":"<html><head></head><body><ul><li><p>‘This is the wrong direction for the Fed,’ raising hike odds</p></li><li><p>Employment, consumer prices reports due before FOMC meeting</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3820516801f6c2177ec2ec03d1ec3ba2\" alt=\"The Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Stefani Reynolds/Bloomberg\" title=\"The Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Stefani Reynolds/Bloomberg\" tg-width=\"1000\" tg-height=\"667\"/><span>The Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Stefani Reynolds/Bloomberg</span></p><p style=\"text-align: start;\">More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition to hawks who argue there’s more work needed to restore price stability.</p><p style=\"text-align: start;\">The personal consumption expenditures price index, the Fed’s preferred inflation gauge, rose a faster-than-expected 0.4% in April, Commerce Department figures showed Friday. </p><p>“When I look at the data and I look at what’s happening with inflation numbers, I do think we’re going to have to tighten a bit more,” Cleveland Fed President Loretta Mester told CNBC in an interview later on Friday. “Everything is on the table in June.”</p><p style=\"text-align: start;\">From a year ago, the measure climbed 4.4% compared with 4.2% the previous month. Excluding food and energy, the so-called core PCE index increased 0.4% from the prior month and 4.7% from April 2022.</p><p>“This is the wrong direction for the Fed,” said Diane Swonk, chief economist at KPMG LLP. “June will depend on getting outside of debt ceiling issues but a July hike is now in play.”</p><p style=\"text-align: start;\">Officials have raised rates by 5 percentage points in the past 14 months to curb inflation running more than double their 2% target. With their benchmark rate now in a 5% to 5.25% target range following a quarter-point increase earlier this month, Fed Chair Jerome Powell said a week ago that policymakers could afford to watch the data and the evolving outlook.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af1c6a080f27faa4ab433d5820ff9395\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Policy makers will get an additional read on employment and consumer prices prior to the Federal Open Market Committee’s next meeting June 13-14. They may also be reluctant to hike so long as there’s uncertainty over the fate of the debt ceiling negotiations in Congress.</p><p style=\"text-align: start;\">Still, investors moved up bets on a rate hike next month to more than 50% from 18% a week ago, reflecting recent hawkish Fed speeches as well as signs of economic strength. Consumer spending, adjusted for prices, increased 0.5%, the strongest advance since the start of the year, the report Friday found. Treasury yields jumped after the report.</p><p>“The combination of inflation moving upward and consumer spending remaining so strong will increase the odds of the Fed raising rates another time in mid-June,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co.</p><p>Some Fed officials, though, including Atlanta Fed’s Raphael Bostic and Philadelphia’s Patrick Harker, have stressed that the impact of banking failures on credit has yet to be felt, and that monetary policy works with a lag, so that much of pain from higher rates has yet to be seen in official data.</p><p style=\"text-align: start;\">“It’s going to take a bit more to unlodge them from a June pause, but it does raise the chance of another hike thereafter,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics, which lifted its forecast for peak rates from 5.1% to 5.6% on Friday. “The stronger the data flow, the more likely that next hike is in July rather than September.”</p><p style=\"text-align: start;\">“Patience has limits, and it will start to wear thin if the economy keeps roaring and bank stress doesn’t worsen,” he said.</p><p style=\"text-align: start;\">Policymakers at their May 2-3 meeting said they were uncertain about how much additional policy tightening might be needed, and weighed the slower-than-expected progress on inflation and resilient labor market against the likelihood of a credit crunch following recent banking turmoil, according to minutes from the meeting released in Washington on Wednesday.</p><p>Goldman Sachs economists said in a note Friday they continue to expect the Fed to hold rates steady in June, however “this morning’s stronger-than-expected consumer spending and inflation data and the wide range of views by FOMC participants on the appropriate policy path make this a close call.”</p><p style=\"text-align: start;\">The International Monetary Fund, in a statement Friday, said it would be necessary for the Fed to raise interest rates another quarter point to bring inflation back to 2%. The IMF also said policymakers should emphasize that rates will stay high for an extended period of time — to align financial conditions with the intended policy path — but also that policy will depend on incoming data.</p><p style=\"text-align: start;\">“Clearly the Fed is in data-dependent mode,” said Ethan Harris, head of global economics research at Bank of America Corp. “It is quite possible that the Fed pauses in June only to hike later. In this uncertain environment every central bank, including the Fed, will be flexible in feeling their way forward.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Inflation Puts Another Fed Hike In Play for June or July</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Inflation Puts Another Fed Hike In Play for June or July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-27 09:40 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-05-26/hot-inflation-puts-another-fed-hike-in-play-for-june-or-july?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘This is the wrong direction for the Fed,’ raising hike oddsEmployment, consumer prices reports due before FOMC meetingThe Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-26/hot-inflation-puts-another-fed-hike-in-play-for-june-or-july?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-26/hot-inflation-puts-another-fed-hike-in-play-for-june-or-july?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338626109","content_text":"‘This is the wrong direction for the Fed,’ raising hike oddsEmployment, consumer prices reports due before FOMC meetingThe Marriner S. Eccles Federal Reserve building in Washington, DC. Photographer: Stefani Reynolds/BloombergMore disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition to hawks who argue there’s more work needed to restore price stability.The personal consumption expenditures price index, the Fed’s preferred inflation gauge, rose a faster-than-expected 0.4% in April, Commerce Department figures showed Friday. “When I look at the data and I look at what’s happening with inflation numbers, I do think we’re going to have to tighten a bit more,” Cleveland Fed President Loretta Mester told CNBC in an interview later on Friday. “Everything is on the table in June.”From a year ago, the measure climbed 4.4% compared with 4.2% the previous month. Excluding food and energy, the so-called core PCE index increased 0.4% from the prior month and 4.7% from April 2022.“This is the wrong direction for the Fed,” said Diane Swonk, chief economist at KPMG LLP. “June will depend on getting outside of debt ceiling issues but a July hike is now in play.”Officials have raised rates by 5 percentage points in the past 14 months to curb inflation running more than double their 2% target. With their benchmark rate now in a 5% to 5.25% target range following a quarter-point increase earlier this month, Fed Chair Jerome Powell said a week ago that policymakers could afford to watch the data and the evolving outlook.Policy makers will get an additional read on employment and consumer prices prior to the Federal Open Market Committee’s next meeting June 13-14. They may also be reluctant to hike so long as there’s uncertainty over the fate of the debt ceiling negotiations in Congress.Still, investors moved up bets on a rate hike next month to more than 50% from 18% a week ago, reflecting recent hawkish Fed speeches as well as signs of economic strength. Consumer spending, adjusted for prices, increased 0.5%, the strongest advance since the start of the year, the report Friday found. Treasury yields jumped after the report.“The combination of inflation moving upward and consumer spending remaining so strong will increase the odds of the Fed raising rates another time in mid-June,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co.Some Fed officials, though, including Atlanta Fed’s Raphael Bostic and Philadelphia’s Patrick Harker, have stressed that the impact of banking failures on credit has yet to be felt, and that monetary policy works with a lag, so that much of pain from higher rates has yet to be seen in official data.“It’s going to take a bit more to unlodge them from a June pause, but it does raise the chance of another hike thereafter,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics, which lifted its forecast for peak rates from 5.1% to 5.6% on Friday. “The stronger the data flow, the more likely that next hike is in July rather than September.”“Patience has limits, and it will start to wear thin if the economy keeps roaring and bank stress doesn’t worsen,” he said.Policymakers at their May 2-3 meeting said they were uncertain about how much additional policy tightening might be needed, and weighed the slower-than-expected progress on inflation and resilient labor market against the likelihood of a credit crunch following recent banking turmoil, according to minutes from the meeting released in Washington on Wednesday.Goldman Sachs economists said in a note Friday they continue to expect the Fed to hold rates steady in June, however “this morning’s stronger-than-expected consumer spending and inflation data and the wide range of views by FOMC participants on the appropriate policy path make this a close call.”The International Monetary Fund, in a statement Friday, said it would be necessary for the Fed to raise interest rates another quarter point to bring inflation back to 2%. The IMF also said policymakers should emphasize that rates will stay high for an extended period of time — to align financial conditions with the intended policy path — but also that policy will depend on incoming data.“Clearly the Fed is in data-dependent mode,” said Ethan Harris, head of global economics research at Bank of America Corp. “It is quite possible that the Fed pauses in June only to hike later. In this uncertain environment every central bank, including the Fed, will be flexible in feeling their way forward.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979068560,"gmtCreate":1685238063451,"gmtModify":1685238066828,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979068560","repostId":"1189805051","repostType":4,"isVote":1,"tweetType":1,"viewCount":1165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979039565,"gmtCreate":1685116633158,"gmtModify":1685116637271,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"R","listText":"R","text":"R","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979039565","repostId":"2338357173","repostType":4,"isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979039249,"gmtCreate":1685116620682,"gmtModify":1685116624563,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://community-static.tradeup.com/news/9f28ba582b05ac94b2b60a5b9a550a10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568440341211251","authorIdStr":"3568440341211251"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979039249","repostId":"2338548179","repostType":4,"repost":{"id":"2338548179","kind":"highlight","pubTimestamp":1685113946,"share":"https://ttm.financial/m/news/2338548179?lang=&edition=full_marsco","pubTime":"2023-05-26 23:12","market":"us","language":"en","title":"Ignore the Hype: 3 No-Brainer Stocks to Buy Now to Benefit From the AI Revolution","url":"https://stock-news.laohu8.com/highlight/detail?id=2338548179","media":"Motley Fool","summary":"AI has gone viral. There's a reason some stocks are the most obvious choices.","content":"<html><head></head><body><p>There's simply no way to ignore what's happening in artificial intelligence (AI). The recent advancements in generative AI and large language models (LLMs) -- which gave birth to next-generation chatbots -- have set off a firestorm of interest from consumers and investors alike. This has since taken on a life of its own, and the hype cycle is currently shifted into overdrive.</p><p>Yet even amid the hype, the opportunity appears vast. Even the most conservative estimates are stunning. TD Cowen analyst John Blackledge has crunched the numbers and concluded that spending on generative AI software will top $81 billion by 2027, representing a compound annual growth rate (CAGR) of 190%. </p><p>For those looking to benefit from the AI gold rush without betting the farm, here are three companies with proven track records that provide investors with plenty of upside.</p><h2>No-brainer stock No. 1: <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></h2><p>It shouldn't be surprising to find an industry stalwart and AI pioneer like <strong>Alphabet</strong> (GOOGL) (GOOG) topping the list.</p><p>The company doesn't need to rely on some pie-in-the-sky future to benefit from AI. Google has a long history of using these advanced algorithms to provide relevant responses to user search queries. Its success is undeniable, helping Google retain an unrivaled hold on the search market for more than 20 years. The company absolutely dominates the competition, commanding roughly 93% of the worldwide search market. </p><p>Its dominance in search fuels Alphabet's industry-leading digital advertising business, which accounts for about 30% of global digital ad spending, according to marketing trade publication Digiday. Google's AI helps ensure the right target markets sees its ads, which account for the bulk of the company's revenue.</p><p>There's more. Google Cloud provides users with a long and growing list of AI functionality. This has helped turn it into the third-largest cloud infrastructure provider, while also making it the fastest-growing of the big three. Google Cloud revenue climbed 30% year over year in the first quarter, outpacing <strong>Amazon</strong> Web Services and <strong>Microsoft</strong> (MSFT 3.85%) Azure, which grew 27% and 16%, respectively. </p><p>Alphabet recently announced plans for additional investment in generative AI while integrating the technology into a broad cross section of its products and services.</p><p>The downturn has weighed on Alphabet's share price, allowing investors to get all the AI potential for a song. The stock is currently selling for less than 5 times next year's sales, near its cheapest valuation since 2013. This is a compelling price to pay for several industry-leading businesses and exposure to the upside of AI.</p><h2>No-brainer stock No. 2: <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></h2><p>The catalyst sparking the current renaissance in AI can undoubtedly be traced to the debut of ChatGPT late last year. The app set a record by acquiring 100 million monthly active users just two months after its launch, setting a new bar for the fastest-growing consumer app in history, according to Reuters. </p><p>That spark turned into a roaring wildfire amid reports that Microsoft had invested a total of $13 billion in ChatGPT creator OpenAI. The software giant also announced ambitious plans to integrate ChatGPT's conversational AI into its Bing search engine. Many of the biggest names in technology raced to come up with their own generative AI solutions, and the AI arms race was on.</p><p>Microsoft has been in the search engine market for a while, but the fervor surrounding generative AI whipped up interest in Bing search. It won't take much in the way of market share gains to move the needle: "For every one point of share gain in the search advertising market, it's a $2 billion revenue opportunity for our advertising business," according to Philippe Ockenden, Microsoft's CVP of finance. </p><p>The company is well established in the enterprise software, personal computing, and cloud computing arenas, so there are plenty of lucrative foundational businesses worth investing in while Microsoft pursues its next AI-fueled revenue stream. Plus, the company's sizable client base is a captive audience and potential customers for Microsoft's advances in AI.</p><p>Let's not forget that, like Alphabet, Microsoft already provides a host of AI-related products and services to users via its Azure Cloud. The company is also integrating AI across the broad spectrum of its products and services, including Windows, Microsoft 365, Xbox, HoloLens, Teams, and even LinkedIn -- to better match job seekers with available positions. </p><p>The stock isn't cheap at 11 times next year's sales, but investors frequently reward premium valuations to companies with a long history of growth and a large opportunity, and Microsoft is the poster child for execution.</p><h2>No-brainer stock No. 3: <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></h2><p>When it comes to AI, arguably no company is better positioned to benefit from the current trend than Nvidia (NVDA). It helped pioneer the training of AI models by adapting the high-end graphics processing units (GPUs) used to render lifelike images in games. Nvidia GPUs are the gold standard for AI due to the cutting-edge hardware and software stacks that provide turnkey AI operations across a variety of industries and sectors. In fact, ChatGPT was trained on roughly 10,000 Nvidia GPUs -- and the next generation will likely require more.</p><p>As valuable as AI is to Nvidia's long-term prospects, the company is the undisputed leader in the discrete desktop GPU market, controlling a dominant 88% share -- leaving scraps for the competition. For full disclosure, the gaming market has been hit hard by the downturn. Gamers are using their existing graphics cards longer, but once the economy rebounds, the pent-up demand could send Nvidia stock even higher.</p><p>That long-expected turnaround may be on the horizon. CEO Jensen Huang recently said, "Gaming is recovering from the post-pandemic downturn, with gamers enthusiastically embracing the new Ada architecture GPUs with AI neural rendering." A rebound in the gaming market would support the stock's stellar gains so far this year. </p><p>There's also the cloud computing and data center markets -- and Nvidia processors are the semiconductor of choice for zipping information across the ether. Nvidia is adding other tools to its data center market, with a new central processing unit (CPU) designed to steal share from <strong>Intel</strong> and <strong>Advanced Micro Devices</strong>.</p><p>Bears will point to Nvidia's valuation -- and at 20 times next year's sales, they'd certainly have a point. That said, if the company can latch on to the soaring AI growth engine and hold on, it will eventually catch up to its lofty price.</p><p>Valuation aside, of all the stocks set to benefit from AI, Nvidia could be the clearest winner.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ignore the Hype: 3 No-Brainer Stocks to Buy Now to Benefit From the AI Revolution</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIgnore the Hype: 3 No-Brainer Stocks to Buy Now to Benefit From the AI Revolution\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-26 23:12 GMT+8 <a href=https://www.fool.com/investing/2023/05/26/ignore-the-hype-3-no-brainer-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's simply no way to ignore what's happening in artificial intelligence (AI). The recent advancements in generative AI and large language models (LLMs) -- which gave birth to next-generation ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/26/ignore-the-hype-3-no-brainer-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","NVDA":"英伟达","MSFT":"微软"},"source_url":"https://www.fool.com/investing/2023/05/26/ignore-the-hype-3-no-brainer-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338548179","content_text":"There's simply no way to ignore what's happening in artificial intelligence (AI). The recent advancements in generative AI and large language models (LLMs) -- which gave birth to next-generation chatbots -- have set off a firestorm of interest from consumers and investors alike. This has since taken on a life of its own, and the hype cycle is currently shifted into overdrive.Yet even amid the hype, the opportunity appears vast. Even the most conservative estimates are stunning. TD Cowen analyst John Blackledge has crunched the numbers and concluded that spending on generative AI software will top $81 billion by 2027, representing a compound annual growth rate (CAGR) of 190%. For those looking to benefit from the AI gold rush without betting the farm, here are three companies with proven track records that provide investors with plenty of upside.No-brainer stock No. 1: AlphabetIt shouldn't be surprising to find an industry stalwart and AI pioneer like Alphabet (GOOGL) (GOOG) topping the list.The company doesn't need to rely on some pie-in-the-sky future to benefit from AI. Google has a long history of using these advanced algorithms to provide relevant responses to user search queries. Its success is undeniable, helping Google retain an unrivaled hold on the search market for more than 20 years. The company absolutely dominates the competition, commanding roughly 93% of the worldwide search market. Its dominance in search fuels Alphabet's industry-leading digital advertising business, which accounts for about 30% of global digital ad spending, according to marketing trade publication Digiday. Google's AI helps ensure the right target markets sees its ads, which account for the bulk of the company's revenue.There's more. Google Cloud provides users with a long and growing list of AI functionality. This has helped turn it into the third-largest cloud infrastructure provider, while also making it the fastest-growing of the big three. Google Cloud revenue climbed 30% year over year in the first quarter, outpacing Amazon Web Services and Microsoft (MSFT 3.85%) Azure, which grew 27% and 16%, respectively. Alphabet recently announced plans for additional investment in generative AI while integrating the technology into a broad cross section of its products and services.The downturn has weighed on Alphabet's share price, allowing investors to get all the AI potential for a song. The stock is currently selling for less than 5 times next year's sales, near its cheapest valuation since 2013. This is a compelling price to pay for several industry-leading businesses and exposure to the upside of AI.No-brainer stock No. 2: MicrosoftThe catalyst sparking the current renaissance in AI can undoubtedly be traced to the debut of ChatGPT late last year. The app set a record by acquiring 100 million monthly active users just two months after its launch, setting a new bar for the fastest-growing consumer app in history, according to Reuters. That spark turned into a roaring wildfire amid reports that Microsoft had invested a total of $13 billion in ChatGPT creator OpenAI. The software giant also announced ambitious plans to integrate ChatGPT's conversational AI into its Bing search engine. Many of the biggest names in technology raced to come up with their own generative AI solutions, and the AI arms race was on.Microsoft has been in the search engine market for a while, but the fervor surrounding generative AI whipped up interest in Bing search. It won't take much in the way of market share gains to move the needle: \"For every one point of share gain in the search advertising market, it's a $2 billion revenue opportunity for our advertising business,\" according to Philippe Ockenden, Microsoft's CVP of finance. The company is well established in the enterprise software, personal computing, and cloud computing arenas, so there are plenty of lucrative foundational businesses worth investing in while Microsoft pursues its next AI-fueled revenue stream. Plus, the company's sizable client base is a captive audience and potential customers for Microsoft's advances in AI.Let's not forget that, like Alphabet, Microsoft already provides a host of AI-related products and services to users via its Azure Cloud. The company is also integrating AI across the broad spectrum of its products and services, including Windows, Microsoft 365, Xbox, HoloLens, Teams, and even LinkedIn -- to better match job seekers with available positions. The stock isn't cheap at 11 times next year's sales, but investors frequently reward premium valuations to companies with a long history of growth and a large opportunity, and Microsoft is the poster child for execution.No-brainer stock No. 3: NvidiaWhen it comes to AI, arguably no company is better positioned to benefit from the current trend than Nvidia (NVDA). It helped pioneer the training of AI models by adapting the high-end graphics processing units (GPUs) used to render lifelike images in games. Nvidia GPUs are the gold standard for AI due to the cutting-edge hardware and software stacks that provide turnkey AI operations across a variety of industries and sectors. In fact, ChatGPT was trained on roughly 10,000 Nvidia GPUs -- and the next generation will likely require more.As valuable as AI is to Nvidia's long-term prospects, the company is the undisputed leader in the discrete desktop GPU market, controlling a dominant 88% share -- leaving scraps for the competition. For full disclosure, the gaming market has been hit hard by the downturn. Gamers are using their existing graphics cards longer, but once the economy rebounds, the pent-up demand could send Nvidia stock even higher.That long-expected turnaround may be on the horizon. CEO Jensen Huang recently said, \"Gaming is recovering from the post-pandemic downturn, with gamers enthusiastically embracing the new Ada architecture GPUs with AI neural rendering.\" A rebound in the gaming market would support the stock's stellar gains so far this year. There's also the cloud computing and data center markets -- and Nvidia processors are the semiconductor of choice for zipping information across the ether. Nvidia is adding other tools to its data center market, with a new central processing unit (CPU) designed to steal share from Intel and Advanced Micro Devices.Bears will point to Nvidia's valuation -- and at 20 times next year's sales, they'd certainly have a point. That said, if the company can latch on to the soaring AI growth engine and hold on, it will eventually catch up to its lofty price.Valuation aside, of all the stocks set to benefit from AI, Nvidia could be the clearest winner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}