Debt default would be 'catastrophic' event that could kill millions of American jobs, Moody's warns

A breach of the US debt ceiling risks sparking a 2008-style economic catastrophe that wipes out millions of jobs and sets America back for generations, Moody's Analytics warned on Tuesday.
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Debt default would be 'catastrophic' event that could kill millions of American jobs, Moody's warns
A breach of the US debt ceiling risks sparking a 2008-style economic catastrophe that wipes out millions of jobs and sets America back for generations, Moody's Analytics warned on Tuesday. Read more »
 
NSA chief warns TikTok could censor videos as part of Chinese influence operations
The head of the National Security Agency and US Cyber Command told lawmakers Tuesday that TikTok presents a national security concern for two main reasons: It collects data on people who use the social media app, and it censors information for its vast audience around the world. Read more »
 
US Justice Department sues to block JetBlue's purchase of Spirit Airlines
The US Justice Department is suing to stop JetBlue's proposed $3.8 billion deal to buy discount carrier Spirit Airlines, the first time in more than 20 years that the government has sought to block a US airline merger. Read more »
 
WeightWatchers jumps into into the prescription weight loss drug business
WeightWatchers is getting into the booming prescription weight loss drug business. Read more »
 
Hershey launches vegan Reese's
Vegan Reese's are happening. Read more »
 
What to watch as Fed Chair Powell testifies before Congress
Federal Reserve Chair Jerome Powell is on the hot seat this week as he testifies before Congress. Investors will be watching closely as they search for signs of future rate hikes. Read more »
 
 
 
 
Dow Nasdaq S&P
-574.98   -145.40   -62.05
32,856.46   11,530.33   3,986.37
-1.72%   -1.25%   -1.53%
YTD -0.88%   YTD +10.16%   YTD +3.83%
 
Biggest Winners
Delta Air Lines Inc +1.59%
 
Alaska Air Group Inc +1.27%
 
NVR Inc +1.11%
 
Kroger Co +0.93%
Biggest Losers
DXC Technology Co -7.06%
 
Freeport-McMoRan Inc -6.06%
 
Lumen Technologies Inc -5.76%
 
First Republic Bank -5.30%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $77.18 -3.28 / -4.08%
Gold $1,817.50 -37.10 / -2.00%
10-yr 3.98% -0.01
Euro $1.05 -0.01 / -1.29%
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