WASHINGTON D.C. (NBC) – The pressure to raise the debt ceiling is growing more intense as the June 1st deadline approaches. Jobs, the country’s reputation, and the future of the economy are all on the line. Two sides say they ...
WASHINGTON, D.C. (NBC) – The nation’s critical debt ceiling is set to expire at the end of the month. Treasury Secretary Janet Yellen told NBC News that early June is a “hard deadline” for the U.S. to pay its bills. ...
WASHINGTON, D.C. – Republican congressional legislators and the White House are continuing to seek an agreement to raise the debt ceiling. The U.S. risks a default and economic catastrophe if Congress fails to raise the borrowing limit by the June ...
Author: Tim Gordon (KGW) SALEM, Ore. (KGW) — They say money makes the world go around and in Oregon it keeps the government running. The latest forecast from Oregon’s state economists gives revenue a big boost. It’s enough to solidify ...
WASHINGTON, D.C. (NBC) – President Biden and House Republicans are still locked in a standoff over the debt limit with just over two weeks until the treasury secretary says the U.S. will run out of money to pay its bills. ...
WASHINGTON, D.C. – The due date to pay the country’s debt is coming up fast as President Biden met with congressional leaders trying to fend off default. Treasury Secretary Janet Yellen said she has used every option to keep paying ...
(CNN) Americans seem to be scaling back on home improvement projects as higher interest rates and inflation take their toll. Home Depot reported sales for its latest quarter Tuesday and they were below expectations. Sales fell 4.5% at stores open ...
NEW YORK CITY (NBC) – With just weeks to go before the country defaults on its bills, President Biden met with the four congressional leaders to discuss the debt ceiling. Both sides are standing firm, with Democrats wanting to lift ...
WASHINGTON, D.C. (NBC) – April jobs numbers out Friday are better than expected but still the economy faces major headwinds of stubborn inflation and bank stress. President Biden is meeting with his economic cabinet as he grapples with another possible ...
WASHINGTON, D.C. (CNN) – Treasury Secretary Janet Yellen said Monday that the U.S. could default on its debt as soon as June 1st if Congress doesn’t act soon. In a letter to House Speaker Kevin McCarthy, Yellen said the federal ...