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…
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…
More than 250 business leaders back Julie Su for Labor secretary as nomination hangs in the balance
More than 250 business leaders are urging the Senate to confirm acting Labor Secretary Julie Su to helm the department,…
White House announces $140 million A.I. hub investment ahead of meeting with Google, OpenAI
The White House announced it would invest $140 million to create seven artificial intelligence research hubs and released new guidance…
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…
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…
House passes GOP debt limit bill, as McCarthy tries to draw Biden into negotiations
WASHINGTON — A Republican bill to raise the debt limit and slash government funding passed the House on Wednesday, after…
