Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
6 tips to save $100 a week and put it toward savings
How to overcome inflation and regain control of your finances
Tight labor market has increased demand for teens in summer jobs
The proportion of Americans between the ages of 16 and 19 who have jobs has trended up in recent years.
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
What's next on debt ceiling: Congress has little time to approve deal before default deadline
Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest.
Source: Debt ceiling 'agreement in principle' has been reached
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
Debt ceiling deadline extended to June 5 as Congress breaks for holiday
An upbeat President Joe Biden says a deal to resolve the government’s debt ceiling crisis seems “very close."
Kevin McCarthy's Republicans push debt ceiling talks to brink, lawmakers leaving town for weekend
Legislators are just days out from a possible devastating debt default if Congress fails to act to raise the borrowing limit. The fallout could hurl the global economy into chaos.
Who would be hit the hardest by a US debt default?
Social Security benefits, veteran payments are more are on the line in the ongoing debt-ceiling debacle.
Round 3 of Disney job cuts starting
Disney has said it plans to trim 7,000 from its workforce overall
Cava files for IPO as leader of Mediterranean fast-casual restaurants
The D.C.-based Mediterranean chain restaurant Cava has officially filed for an initial public offering with the Securities and Exchange Commission.
Largest US gay rights group issues Florida travel advisory for alleged anti-LGBTQ+ laws
The largest LGBTQ+ rights organization in the U.S. joined other civil rights organizations Tuesday in issuing a travel advisory for Florida, warning that newly passed laws and policies may pose risks to minorities, immigrants and gay travelers.
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
Debt ceiling explained: Why it's a struggle, how the impasse could end
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
G-7 summit: Biden, Japan's Kishida vow to 'stand strong' against global threats
Leaders of the world’s most powerful democracies plan to devote much of the first day of the Group of Seven summit to finding new ways to punish Russia for its 15-month invasion of Ukraine.
Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.