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Economy

Debt ceiling: Crucial days ahead as deal goes for vote, Biden calls lawmakers for support

Debt ceiling: Crucial days ahead as deal goes for vote, Biden calls lawmakers for support

The White House and congressional leaders are working to ensure passage in time to lift the nation’s borrowing limit and prevent a U.S. default.

1 hour ago
6 tips to save $100 a week and put it toward savings

6 tips to save $100 a week and put it toward savings

How to overcome inflation and regain control of your finances

10 hours ago
Tight labor market has increased demand for teens in summer jobs

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.

21 hours ago
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default

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.

1 day ago
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress

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.

1 day ago
What's next on debt ceiling: Congress has little time to approve deal before default deadline

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.

1 day ago
Source: Debt ceiling 'agreement in principle' has been reached

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,

2 days ago
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid

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.

2 days ago
Round 3 of Disney job cuts starting

Round 3 of Disney job cuts starting

Disney has said it plans to trim 7,000 from its workforce overall

6 days ago
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

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.

May 22
Fewer Americans are willing to move for work, survey finds

Fewer Americans are willing to move for work, survey finds

Job seekers may be in the market for a new opportunity, but this doesn't mean they will necessarily accept the position if offered based on a recent survey.

May 22
Debt ceiling explained: Why it's a struggle, how the impasse could end

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.

May 22
6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds

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.

May 19
Here's why a government default may be worse than a government shutdown

Here's why a government default may be worse than a government shutdown

All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns.

May 18
Debt ceiling: Biden 'confident' there will be no default

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.

May 17
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.

May 16
Housing market could tumble into a 'deep freeze' if US defaults on its debt

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

May 16
Number of new American business applications hits an all-time high

Number of new American business applications hits an all-time high

According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record. 

May 5
What you should know about the Chinese-based Temu shopping app

What you should know about the Chinese-based Temu shopping app

The Chinese-based company is an e-commerce app where you can find really low prices on popular products.

May 4
Spring homebuyers to continue facing inventory woes

Spring homebuyers to continue facing inventory woes

New home listings dropped 21.3% year over year nationwide.

May 4
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Restaurants opt out of using QR-code menus post-pandemic

Restaurants opt out of using QR-code menus post-pandemic

Brother of recaptured Philadelphia inmate posts bail on charges related to prison escape

Brother of recaptured Philadelphia inmate posts bail on charges related to prison escape

US Merchant Marine Academy official under fire for tweet on 'white, male' roots of racism, misogyny

US Merchant Marine Academy official under fire for tweet on 'white, male' roots of racism, misogyny

2023 Pulitzer Prize winners in journalism, arts announced

2023 Pulitzer Prize winners in journalism, arts announced

Bryan Kohberger seen in new bodycam video as Washington State University releases additional videos, documents

Bryan Kohberger seen in new bodycam video as Washington State University releases additional videos, documents

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