Biden and McCarthy Set to Resume Debt Ceiling Talks on Monday
Discussions aimed at avoiding a default have bogged down as Republicans press their demand for [+]
U.S. Default Prospect Hurts Economy in the Meantime
Financial markets are still betting that Congress and the White House will strike a deal. [+]
Yellen Warns the U.S. Could Default as Soon as June 1
The so-called X-date could still come as early as next week.
Debt Limit Negotiators Debate Spending Caps to Break Standoff
The strategy, which was used in 2011, could allow both sides to save face but [+]
Companies Are Pushing Back Harder on Union Efforts, Workers Say
Apple, Starbucks, Trader Joe’s and REI are accused of targeting union supporters after organizing efforts [+]
Biden and McCarthy Describe ‘Productive’ Debt Limit Talks, but No Deal Is Reached
With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy [+]
If Debt Ceiling Standoff Can’t Be Resolved, Both Parties Will Share the Blame
While each party tries to blame the other for the crisis, some acknowledge that they [+]
In a Sharp Reversal, Biden Opens a Path for Ukraine to Get Fighter Jets
The president told allied leaders that he would allow Ukrainian pilots to be trained on [+]
Debt Limit Talks Hit Snag as Republicans Declare ‘Pause’
Republicans left negotiations on Friday, saying the White House was refusing to move its way [+]
When Will the U.S. Run Out of Cash? The Answer Is Complicated.
The federal government is essentially living paycheck to paycheck, making the X-date hard to pin [+]