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2023-05-15 17:51:45

Is Wall Street ready to face a U.S. debt default?

In the face of intense negotiations over the United States’ looming $31.4 trillion debt ceiling, Wall Street has been gripped by a sobering reality check. Conversations are shifting from theoretical consequences to actionable crisis plans, as financial institutions brace themselves for the potential economic tremors a debt default could trigger. Wall Street bracing for uncertain ... Read more