House Passes Bill To Raise Debt Limit By $480 Billion—But ‘Headaches’ And Default Risk Could Return In Weeks [Forbes]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Forbes
ToplineThe U.S. House of Representatives passed a bill Tuesday to prevent a historic U.S. debt default this month by raising the federal debt limit through early December, but experts warn the temporary measure—a byproduct of failed negotiations for a long-term solution—only delays decisions that may hamper markets, particularly if Democrats are forced to scale back the terms of President Joe Biden's massive policy agenda.The stability of financial markets and federal benefits for tens of millions of Americans rely on... [+]lawmakers finding a long-term solution by early December.Getty ImagesKey FactsWith a party-line vote of 219 to 206, House lawmakers passed a stopgap bill on Tuesday evening to raise the national debt limit by $480 billion, giving the U.S. Treasury the ability to raise enough cash to fulfill the government's financial obligations until roughly December 3.In a Monday note to lawmakers, House Speaker Nancy Pelosi (D-Calif.)saidBank of America analysts said Monday that
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LPLA
News
- US economy grew by just 1.6% in the first quarter, a much slower pace than expected [CNN]CNN
- Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected [Yahoo! Finance]Yahoo! Finance
- The DOL's Final Fiduciary Rule Is Here. See What's Inside! [Forbes]Forbes
- US economy grew by just 1.6% in the first quarter, a much slower pace than expected [Yahoo! Finance]Yahoo! Finance
- GDP growth slowed to a 1.6% rate in the first quarter, well below expectations [MSNBC.com]MSNBC.com
LPLA
Earnings
- 2/1/24 - Beat
LPLA
Sec Filings
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- LPLA's page on the SEC website