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Debt Limit Deadline, and Payment Problems 5/9/23 episode artwork

May 9, 2023 43 min

Debt Limit Deadline, and Payment Problems 5/9/23

from Power Lunch Hosted by CNBC

As the U.S. gets closer to the debt ceiling deadline and a potential default, President Biden is set to meet with Congressional leaders to discuss options. We’ll look at the potential economic damage and market impact. Plus, PayPal is plunging after earnings, issuing weak guidance. Rival Affirm also reports today. We’ll dig into the potential problems at hand for the payments space.

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Debt Limit Deadline, and Payment Problems 5/9/23

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This episode was published on May 9, 2023.

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