The U.S. Treasury Department pinned down June 5 as the specific date on which the U.S. may default on its debt if Congress doesn't act—four days later than the previous estimate.

Fitch Ratings warns the nation's AAA rating is under threat from the political standoff over the debt limit; DBRS Morningstar places the U.S. AAA rating under review "with negative implications"; and the cost of insuring U.S. sovereign debt with derivatives has risen.

According to Gartner analyst Mark D. McDonald, some finance professionals are actively learning about generative AI and starting to experiment with it—and they're the ones who will succeed in the long run.

"Starting to comply with the DSA will be a game changer in terms of how the platforms and the biggest search engines are structured and dealing with compliance, transparency, governance, reporting, independent audits."