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 12:19
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON As the United States stares at the risk of a credit downgrade, former Standard
2023-05-26 12:17
Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change
2023-05-26 09:57
NY woman charged over threats after Club Q shooting
Sharon Robinson, 40, allegedly told one Colorado venue it would get “shot up like Club Q”.
2023-05-26 09:26
Democrats have warning for White House that their support for debt deal is not guaranteed
Rep. Susan Wild, one of the country's most politically vulnerable Democrats, made her displeasure known over the White House's handling of talks to raise the debt ceiling with House Speaker Kevin McCarthy.
2023-05-26 08:24
DeSantis is going after Trump by promising Republicans he'll be a more effective wielder of executive power
Florida Gov. Ron DeSantis, now officially a candidate for president, is no longer tiptoeing around former President Donald Trump -- nor is he being shy about his plans to flex the powers of the presidency like never before if he wins the White House.
2023-05-26 07:29
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 06:47
Biden officially vetoes bill that would repeal DC justice reform measure
President Joe Biden on Thursday vetoed a Republican-led measure that would overturn police reforms enacted in Washington, DC, writing the legislation "would overturn commonsense police reforms," such as chokehold bans, standards for use of force, rules around the use of body cameras and officer training programs.
2023-05-26 06:23
Power transmission deal being mulled in US debt limit talks -sources
By Timothy Gardner and Jarrett Renshaw WASHINGTON A bill to boost power transmission between U.S. regions is being
2023-05-26 05:49
Biden's pick as top US commander could be delayed by senator's blockade
By Patricia Zengerle WASHINGTON A Republican senator's hold on military nominations will apply to Democratic President Joe Biden's
2023-05-26 05:48
It took 54 years, but this man just got his bachelor's degree
Arthur Ross first enrolled at the University of British Columbia in 1969. He just graduated.
2023-05-26 04:59
Google removes 'Slavery Simulator' game amid outrage in Brazil
The app, which allowed players to "buy and sell" black characters, was launched last month.
2023-05-26 04:46