WASHINGTON — Congressional and White House staff plan to continue talks over the weekend to avert a U.S. default, as lawmakers expressed increasing urgency about reaching a deal and a nonpartisan report confirmed that the U.S. could fail to make required payments in early June if Congress doesn’t act. U.S.…Read More
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Washington, DC, Oct. 27, 2023 (GLOBE NEWSWIRE) --
US consumer prices slow in May core inflation sticky
WASHINGTON (Reuters) - U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong, supporting…
Damage from a US debt default could cascade across the globe
WASHINGTON -- If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America's economy would hardly sink alone.
