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,

Mortgage rates rise as debt limit impasse lingers: Freddie Mac

The average rate for a 30-year fixed-rate mortgage increased to 6.57% for the week ending May 25, according to Freddie Mac's Primary Mortgage Market Survey.

Behind on your retirement savings? Here's one feature that can help workers catch-up

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears

A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.

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.

Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power

The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.