Treasury now says it could run out of money June 5, buying time for debt ceiling talks
WASHINGTON — Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off…
What’s in the debt ceiling deal struck by Biden and McCarthy?
President Joe Biden and Republican House Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the debt ceiling and…
Russia ramps up Kyiv bombardment; Putin and Zelenskyy congratulate Erdogan on reelection
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Ukrainian capital Kyiv…
NHL Stanley Cup Final is set as the Vegas Golden Knights advance to face the Florida Panthers
CNN — The Vegas Golden Knights defeated the Dallas Stars 6-0 in Game 6 of the Western Conference Final to…
Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead
A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States’ $31.4 trillion debt…
Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well…
Very few U.S.-China flights are back despite the end of Covid
BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according…
Debt ceiling bill passes in the House, advances to the Senate days ahead of default deadline
WASHINGTON — A bill to raise the debt limit and cap government spending passed in the House by a wide…
The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over
During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…
