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 – 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
Debt ceiling deadline edges closer as talks continue – CBS News Watch CBS News Officials on both sides of the aisle are continuing negotiations over the nation’s borrowing limit. Treasury Secretary Janet Yellen warns the U.S. risks defaulting on its debt as early as June 1, just a week away. CBS News congressional correspondent Scott … Read more
Markets regulator Sebi on Wednesday proposed that AIF (alternative investment fund) investors should not be given any differential treatment, which affects the economic rights of other investors.
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
U.S. debt default would spark job losses across the country – CBS News Watch CBS News About 1.5 million Americans are projected to be out of a job if the U.S. has a short-term default on its debt. That would happen within just one week of breaching the ceiling. Right now, the U.S. is on … Read more
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
Fewer Americans are moving for work, survey finds – CBS News Watch CBS News A new survey finds that far fewer Americans are moving for work — just 1.6% of job seekers moved in the first quarter of 2023, compared to 45% in 1986. CBS MoneyWatch associate managing editor Irina Ivanova explains the possible reasons … Read more
“Great Resignation” is over, workforce data suggests – CBS News Watch CBS News Research from the human resources management company ADP suggests the “Great Resignation” is over and the “Big Stay” is here. The number of people quitting their jobs has fallen 5% from the same time a year ago. Chip Cutter, a reporter for … Read more
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