What happens if the debt ceiling and banking crisis collide?
President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday.
2023-05-15 19:54
Turkish lira sinks to new record low on possibility of Erdogan re-election
Investors are nervously awaiting the outcome of Turkey's tight presidential race Monday, sending stocks falling and the value of its currency down to a new record low against the US dollar.
2023-05-15 19:17
Teachers in Oakland, California, reach agreement with school district on 'common good' demands as strike continues
More than a week after public school educators in Oakland, California, hit the picket lines, the teachers' union announced it has reached an agreement with the school district on four "common good" demands on Saturday night.
2023-05-15 06:23
Lawsuit alleges that social media companies promoted White supremacist propaganda that led to radicalization of Buffalo mass shooter
A wrongful death lawsuit filed against several social media companies Friday alleges that social media lent to the radicalization of the gunman who shot and killed 10 people at a grocery store in Buffalo, New York, last May.
2023-05-15 02:55
Top Treasury official says debt limit talks have been 'constructive'
A top US economic official said Sunday that talks between congressional staff and the White House have been "constructive" as the US barrels toward a debt limit deadline that could come as soon as June 1.
2023-05-15 01:20
Why America needs regional banks
To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed "too big to fail." Their ATMs and branches are ubiquitous, their mobile apps sleek and user-friendly.
2023-05-14 21:24
Child social media stars have few protections. Illinois aims to fix that
Illinois lawmakers aim to make their state what they say will be the first in the country to create protections for child social media influencers
2023-05-14 21:16
The Fed probably won't cut rates anytime soon. Why that's good news for markets
Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that's battered markets and tested investor morale. Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe.
2023-05-14 20:26
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that set off turmoil in the regional banking sector.
2023-05-14 19:49
Ex-ByteDance employee claims company stole content from competitors in early days
An ex-ByteDance employee claimed he was wrongfully terminated after raising concerns about what he believed were illegal practices by the company, such as allegedly stealing content from its competitors Snapchat and Instagram.
2023-05-14 03:59
Scabby the Rat gives bite to union protests, but is he at the tail end of his relevancy?
For decades, a giant, inflatable rat with beady eyes, sharp teeth and a pustule-covered belly has been looming over union protests, drawing attention to construction sites or buildings with labor disputes
2023-05-13 22:54
Pickleball is replacing Bed Bath & Beyond and Old Navy at malls
Pickleball is coming to your local mall, replacing shuttered Bed Bath & Beyond, Old Navy, and Saks Off 5th stores.
2023-05-13 22:16