These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
6 tips to save $100 a week and put it toward savings
How to overcome inflation and regain control of your finances
How to overcome inflation and regain control of your finances
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.
The proportion of Americans between the ages of 16 and 19 who have jobs has trended up in recent years.
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.
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.
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.
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.
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.
Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest.
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,
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,
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.
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
Round 3 of Disney job cuts starting
Disney has said it plans to trim 7,000 from its workforce overall
Disney has said it plans to trim 7,000 from its workforce overall
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.
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.
Biden gets low approval ratings on economy, guns and more in latest AP-NORC poll
Public approval of Biden’s handling of the economy remains low in a time of high inflation, a difficult housing market and concerns about a potential U.S. government debt default.
Public approval of Biden’s handling of the economy remains low in a time of high inflation, a difficult housing market and concerns about a potential U.S. government debt default.
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.
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.
Debt ceiling talks resume Sunday after Biden says GOP must move off 'extreme' positions
GOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
GOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
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.
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
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.
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.
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.
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.
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.
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.
Renters get some relief as rent burdens plummet, but low-income families still struggle: new report
Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.
Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.
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.
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.
Spring homebuyers to continue facing inventory woes
New home listings dropped 21.3% year over year nationwide.
New home listings dropped 21.3% year over year nationwide.