Debt limit negotiators under pressure to reach deal as risk of default grows
There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.
2023-05-26 17:15
Why any debt deal could be just the beginning of the treacherous road to avoiding default
Just six days remain before America could run out of money to pay its bills in a calamity that could trigger a recession and global economic turmoil. Deep divisions remain between the White House and House Republicans over a potential deal under which Congress would vote to raise the government's borrowing limit in exchange for capping spending.
2023-05-26 12:25
What to watch this weekend: ‘Succession’ finale, John Wick, Matchbox Twenty, 'American Born Chinese'
Sure, lots of folks are eagerly anticipating this Sunday’s “Succession” finale
2023-05-26 12:22
JPMorgan is cutting about 1,000 First Republic Bank employees
JPMorgan Chase informed about 1,000 First Republic Bank employees on Thursday that they will no longer have jobs.
2023-05-26 08:27
Inside the Treasury Department team monitoring early economic warning signs as default threat looms
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
2023-05-26 06:46
How to protect your investments and finances as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-25 23:53
Khloé Kardashian finally reveals her son's name
Khloé Kardashian's has revealed her baby boy's name.
2023-05-25 23:21
Trial date set for Steve Bannon's fundraising fraud case
A New York state judge has set a trial date for Steve Bannon's fundraising fraud case for May of next year.
2023-05-25 22:22
Companies are finding it's not so simple to leave Russia. Others are quietly staying put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 21:22
The US economy grew faster in the first quarter than previously reported
US economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.
2023-05-25 20:54
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:18
Target is being held hostage by an anti-LGBT campaign
During every Pride Month in June for the past decade, Target has sold merchandise for LGBTQ customers, employees and allies. But this year, Target faced an anti-LGBTQ campaign that went viral on social media.
2023-05-25 18:22