Bank of England member Haskell: If we see more evidence of persistent inflation, we will tighten policy.

Bank of England member Haskell: pay close attention to the persistence of inflation.

The White House: I believe there is still a way to move forward in the debt ceiling negotiations, and the only option is Congress to act.

US White House: Some Democratic votes are needed to reach a bipartisan debt ceiling agreement.

The White House responded to the direct dialogue between Biden and McCarthy: US President Biden is giving negotiators time and space to negotiate.

Faraday Future (FFIE.O) has received its third subpoena from the SEC since October, documents show.

US White House: The debt ceiling is not an issue for debate, but the budget is still up for debate.

The Fed accepted a total of $2.198 trillion from 106 counterparties in fixed-rate reverse repurchase operations.

Bank of England member Haskell: April inflation data partly reflects upward pressure on car prices, hopefully this is only temporary.

Bank of England member Haskell: Officials do not foresee a rise in core inflation.

The U.S. 10-year Treasury yield fell after the 7-year bond auction, up 6.90 basis points on the day at 3.788%.

According to The Information: JPMorgan Chase & Co (JPM.N) is cutting personal lines of credit for First Republic Bank (FRC.N) customers.

The yield on the 7-year U.S. Treasury note fell slightly after the auction, up 9.70 basis points on the day to 3.792%.

Milley, the top general of the U.S. military: A U.S. debt default will have major economic consequences, and military readiness will be significantly affected.

U.S. military top general Milley: Not sure if Ukraine used U.S. weapons in Russia.

U.S. military top general Milley: The United States has asked Ukraine not to use American equipment to conduct direct attacks on Russia.

U.S. Secretary of Defense Austin: We are not in a conflict with Russia, this is a battle with Ukraine.

European Mediterranean Seismological Center: 5.1-magnitude earthquake hits South Georgia and the South Sandwich Islands.

U.S. Defense Secretary Austin: Ukraine did not lose the conflict to Russia.

U.S. Secretary of Defense Austin: Ukraine has caused heavy casualties to Russian troops.