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May 9, 2023

When are markets gonna react to the debt limit drama?

So far, Wall Street has largely ignored the debt ceiling fight in Washington. Plus, media companies welcome a potential uptick in ad spending.

The markets are taking debt limit uncertainty in stride — for now
by Justin Ho
Spencer Platt/Getty Images
Stock markets aren’t upset by the debt limit debate. But that could change as the June 1 default deadline draws closer, analysts say.
Let's dive into the SLOOS
We hear from Cara McDaniel of Arizona State University about what to make of the the latest release of the Federal Reserve’s Senior Loan Officer Opinion Survey on bank lending practices, otherwise known as SLOOS.
Why inflation runs hottest in the Mountain West
by Savannah Peters
Chip Somodevilla/Getty Images
Last month, the CPI pegged area inflation at 6% year-over-year, a whole percentage point higher than the national average.
A wetter winter raised hopes for better yield in the Corn Belt
by Kai Ryssdal
Mark Hirsch/Getty Images
“Prices have stayed strong,” reports Keith Alverson, a South Dakota farmer whose financial management includes trading grain electronically.
Some advertisers say they’re ready to spend again — and media platforms stand to gain
by Stephanie Hughes
Martin Bureau/AFP via Getty Images
Many platforms saw declines in ad revenue over the past year and had to cut costs and staff. Now there’s optimism about a rebound.
Remote mental health treatment boomed during the pandemic. It’s still going strong.
by Mitchell Hartman
Anchiy/Getty Images
Thanks to pandemic-era changes, many insurers and providers now support expanded telemental health services.