President Biden has said that he should know by the end of Friday whether there is a deal with Republicans to raise the government debt ceiling, so it can continue to pay its bills. Mr Biden said things were looking good and he thought negotiators were very close to a deal. The two sides have a little more breathing room after the US Treasury Secretary, Jane ... Show More
Oct 9
#3 JPMorgan CEO Jamie Dimon: The AI Bubble Will Burst
Jamie Dimon, Chairman and CEO of JPMorgan, is the biggest name in global banking. He has a hotline to world leaders, and what he says matters. In a wide-ranging Big Boss Interview with BBC Business Editor Simon Jack, he shares his concerns about a frothy market fuelled by money b ... Show More
37m 53s
May 2023
On the Debt Ceiling, the White House Is Doing What It Said It Wouldn't Do
In 2011, then-Vice President Biden had a front row seat to a bruising debt ceiling standoff between President Barack Obama and House Speaker John Boehner. That fight arguably derailed the Obama presidency and the nascent economic recovery. After that experience, Biden and his tea ... Show More
43m 49s
May 2023
Biden’s Radical Option to End the Debt Fight
In a high-stakes showdown this week, President Biden and the leaders of congress met face to face in an effort to avoid the United States defaulting on its debt for the first time in history.Jim Tankersley, a White House correspondent for The Times, explains how close the country ... Show More
25m 7s
May 2023
Kevin McCarthy’s Debt Ceiling Dilemma
Last week, Speaker Kevin McCarthy persuaded Republicans to narrowly pass a bill to raise the U.S. debt ceiling, setting up high-stakes negotiations with the Biden administration.Catie Edmondson, who covers Congress for The New York Times, explains the risks this might pose to his ... Show More
21m 59s