Stock markets close strong as debt ceiling talks move forward

Stock markets close strong as debt ceiling talks move forward – CBS News Watch CBS News The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host … Read more

Washington leaders scramble to prevent unprecedented debt default

Washington leaders scramble to prevent unprecedented debt default – CBS News Watch CBS News The White House and Republican congressional leaders are continuing to negotiate in an effort to prevent an unprecedented debt default, which could happen as soon as next week. House Democrats have signed a petition to raise the debt ceiling. Be the … Read more

5/23: Prime Time with John Dickerson

5/23: Prime Time with John Dickerson – CBS News Watch CBS News John Dickerson reports on the looming debt ceiling deadline, speaks with U.S. Surgeon General Dr. Vivek Murthy on the harms of social media, and explains what is behind a flurry of migrant sponsorship applications. Be the first to know Get browser notifications for … Read more

Biden, McCarthy to meet Monday for debt ceiling talks

Biden, McCarthy to meet Monday for debt ceiling talks – CBS News Watch CBS News President Biden and House Speaker McCarthy will meet in person on Monday to continue debt ceiling talks as the deadline for a government default approaches. Willie James Inman has the latest. Be the first to know Get browser notifications for … Read more

U.S. at risk of default in first 2 weeks of June, Congressional Budget Office says

U.S. at risk of default in first 2 weeks of June, Congressional Budget Office says – CBS News Watch CBS News The Congressional Budget Office said Friday there is a significant risk the U.S. won’t be able to pay its bills sometime in the first two weeks of June unless lawmakers reach a deal to … Read more