Debt ceiling deal: Biden celebrates bipartisanship, 'crisis averted' in Oval Office address
He's ready to sign on Saturday a budget agreement that suspends the nation's debt ceiling and eliminates the potential for a first-ever government default that would have sent shock waves through the U.S. and global economies.
He's ready to sign on Saturday a budget agreement that suspends the nation's debt ceiling and eliminates the potential for a first-ever government default that would have sent shock waves through the U.S. and global economies.
Job growth keeps Fed's eye on future interest rate hikes
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.
Money stored in Venmo, other payment apps could be vulnerable, watchdog warns
Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term, according to the Consumer Financial Protection Bureau. Here's why.
Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term, according to the Consumer Financial Protection Bureau. Here's why.
Debt ceiling: Senate gives final approval to deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Senate passes GOP bill overturning student loan cancellation plan, Biden expected to veto
A Republican measure overturning President Joe Biden’s student loan cancellation plan has passed the Senate and now awaits an expected veto.
A Republican measure overturning President Joe Biden’s student loan cancellation plan has passed the Senate and now awaits an expected veto.
Know any airplane mechanics? Wave of retirements leave some US industries desperate
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.
Debt ceiling deal includes new work requirements for SNAP: How they work
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
Homebuyers are finding better deals in these cities, survey says
Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.
Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.
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,
Southern accents could cost job seekers a 20% wage penalty, study finds
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
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.
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
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