Finance
New York City Moves to Regulate How AI Is Used in Hiring
European lawmakers are finishing work on an A.I. act. The Biden administration and leaders in Congress have their plans for...
Fed Officials Were Split Over June Rate Pause, Minutes Show
Federal Reserve officials were unanimous in their decision to raise interest rates earlier this month, but were conflicted over whether...
Yellen Warns of Missed Payments if Debt Limit Is Not Lifted
Treasury Secretary Janet L. Yellen said on Wednesday that it was “almost certain” that the United States would not have...
McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House
With a potential federal default just over a week away, Speaker Kevin McCarthy renewed his call on Wednesday for President...
Potential Debt Ceiling Deal Would Barely Change Federal Spending Path
As their debt limit negotiations with President Biden push the nation perilously close to a devastating default, House Republicans have...
U.S. Faces ‘Elevated Risk’ of Default in Early June, a New Report Warns
The United States faces an “elevated risk” of running out of cash to pay its bills between June 2 and...
Biden and McCarthy Describe ‘Productive’ Debt Limit Talks, but No Deal Is Reached
President Biden and Speaker Kevin McCarthy expressed optimism on Monday that they could break the partisan stalemate that has prevented action...
Yellen Warns the U.S. Could Default as Soon as June 1
Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could be unable to pay its bills as...
Yellen Warns the U.S. Could Default as Soon as June 1
Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could be unable to pay its bills as...
Debt Limit Negotiators Debate Spending Caps to Break Standoff
As negotiators for the White House and House Republican leaders struggle to reach a deal over how to raise the...
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