BizBeat Ep. 188: Another late deal comes to rescue the “unthinkable” U.S. government default?
The imminent decision to raise the borrowing limits for the U.S. government awaits Congress. Wall Street scrambled to park cash at the Federal Reserve before a two-year suspension on the debt ceiling ended last Saturday, marking it the tensest moment for the markets. In this episode of BizBeat, CGTN’s Michelle Van den Bergh walks you through this bitterly partisan issue in the U.S. in the recent decade.