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US debt ceiling: President Joe Biden and House Speaker Kevin McCarthy are raising the government’s borrowing limits
Speaker Kevin McCarthy left his first visit to the White House confident that he and President Joe Biden could negotiate a spending agreement, including the country's debt ceiling.
McCarthy, who had to negotiate with hardline conservatives to win his bid for speaker after 15 rounds of voting, leads a fractious caucus in which some members are willing to risk the nation's credit rating and the global economy in order to obtain the federal spending cuts they desire.
How US Debt Ceiling May Affect Social Security, Medicare?
McCarthy and other Republican leaders have...
Economy
US debt ceiling:...
Speaker Kevin McCarthy left his first visit to the White House confident that he and President Joe Biden could negotiate a spending agreement, including...
Economy
Expert: US companies...
American companies must continue to conduct business in China, according to the president of the US-China Business Council, if they wish to become global...
Economy
JPMorgan: Oversight of...
Reuters cited persons with knowledge of the review who said JPMorgan Chase & Co. is working with KPMG to better how the American bank...
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Economy
Key Fed inflation...
The Commerce Department announced Friday that consumers spent less in December, despite an inflation indicator considered important by the Federal Reserve showing a slowing...
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Economy
Middle-class American familes...
As inflation continues to devastate the finances of middle-class American families, the December report from Moody's Analytics revealed that families spend an estimated $72...
Economy
China announces economic...
Two of China economic powerhouses have set less ambitious goals for their economies in 2023 while remaining steadfast in their commitment to fostering job...
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Economy
The best jobs...
Although software developer, a technology job, topped the list of the 100 Best Jobs for 2023, nearly 40% of the top 100 are in...
Economy
Cleveland resident: Here’s...
The Winter Crisis Program is now accepting applications from Cleveland residents who qualify for up to $800 in utility assistance.
What Is Cleveland Winter Crisis...
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Business
World Bank warns...
The World Bank issued a warning amid rising inflation and interest rates that a second global recession in a decade may be on the...
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