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.

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.

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,

Behind on your retirement savings? Here's one feature that can help workers catch-up

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

VA to require workers to come into the office more this fall

The secretary of the Department of Veterans Affairs unveiled a new plan to get workers based in D.C. back in person by this fall. 

Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears

A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.

House votes to cancel Biden’s $400 billion student loan handout

The House voted Wednesday to repeal President Biden’s plan to forgo more than $400 billion in federally backed student loan debt.

Round 3 of Disney job cuts starting

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

Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power

The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.

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.

America's debt hits new record of more than $17 trillion: NY Fed

Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.

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.