GOP debt limit strategy is flirting with default, top House Democrat says
WASHINGTON — The top Democrat in the House slammed Republicans’ plan to pass a bill later this month to suspend…
‘Manufactured’ debt ceiling crisis would damage U.S. economic rebound, key Treasury official says
WASHINGTON — A failure by Congress to raise the U.S. debt ceiling could spark a “manufactured” crisis that derails economic…
Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns
The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now…
Texas mifepristone ruling threatens abortion access in states where procedure is legal, attorneys general say
Attorneys general for nearly half of U.S. states in a new court filing warn that a federal judge’s decision to…
Warren, AOC press top Silicon Valley Bank depositors about any cushy treatment they received
WASHINGTON — Two top progressive lawmakers questioned whether Silicon Valley Bank offered its largest depositors unusually cushy treatment, one month…
March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares by the…
Criminal marketplace Genesis seized by FBI in larger fight against state-backed cybercrime
Genesis Market, a Russia-linked marketplace where tens of millions of hacked accounts were sold to bad actors around the world,…
Lawmakers aim to train more truck drivers, ease supply chain issues through bipartisan bill
WASHINGTON — A pair of bipartisan lawmakers have reintroduced legislation offering tax credits to U.S. truck drivers in an effort…
Paying more and earning less: How inflation disproportionately hurts women
There’s one group of people that’s being disproportionately hurt by high inflation: women. The relentless rise in prices hurts women…
Sen. Elizabeth Warren says she wants to make banking boring again
Sen. Elizabeth Warren wants banking to be “boring” again following the failures of Silicon Valley Bank and Signature Bank. “What…
