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ZT Yellen Sets June 5 as X-Date in US Debt-Ceiling Standoff

(Bloomberg) -- Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if lawmakers fail to raise or suspend the US debt ceiling.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employees They'll Los
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