As US Debt Ceiling Talks Enter Crunch Week Wall Street Futures & Asian Stocks Slide

US President Joe Biden weighed in on the debt crisis before leaving the Group of Seven (G7) summit on Sunday. As he addressed the budget negotiations that he was “heading back home to deal with,” Biden struck an optimistic tone, saying, "I’m hoping that Speaker McCarthy is just waiting to negotiate with me when I get home. I’m waiting to find out.”