Washington

Debt ceiling deal appears no closer after high-stakes meeting, but leaders will huddle again Friday

WASHINGTON — Top congressional leaders left a high-stakes meeting with President Joe Biden on Tuesday showing few signs they had moved…

Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says

WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…

Here’s what the SEC will require under its strict new stock buyback disclosure rules

WASHINGTON — As investors focused this week on earnings and regional banks, the Securities and Exchange Commission quietly adopted new…

Biden: Say goodbye to job growth and low unemployment if the debt ceiling isn’t lifted

WASHINGTON — President Joe Biden warned that the low unemployment rate in Friday’s jobs report could disappear if House Republicans do…

House China committee targets top clothing brands in forced labor inquiry

WASHINGTON — A House committee examining the U.S. government’s economic relationship with China is asking some of the world’s largest…

Former top execs of SVB and Signature Bank will testify at Senate hearing this month

WASHINGTON — Former top executives of failed Silicon Valley Bank and Signature Bank will testify before the Senate on May…

Democrats harden their message on the debt ceiling while quietly paving the way for a deal

WASHINGTON — Democrats responded to the news that the U.S. could default on its debt as early as June 1 by…

The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns

WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…

Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling

WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…

Powell duped by Russian pranksters who claimed to be Ukraine’s Volodymyr Zelenskyy

WASHINGTON — Federal Reserve Chairman Jerome Powell spoke by phone with two Russian pranksters earlier this year who falsely claimed…