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Business

U.S. Treasury buys time for Biden and GOP on debt limit deal

WASHINGTON (AP) — The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep ...

Explainer: How ominous is the debt limit problem?

WASHINGTON (AP) — On the brink of hitting the nation’s legal borrowing limit on Thursday, the government is resorting to “extraordinary measures” to avoid a default. Sounds ominous, right? But — take a breath — the phrase technically refers to a bunch of accounting workarounds. ...

Clearance of German hamlet for mine said to be nearly complete

BERLIN (AP) — A village in western Germany that is due to be demolished to make way for a coal mine expansion has been cleared of activists, apart from a pair who remained holed up in a tunnel, police said Sunday. The operation to evict climate activists who flocked to the site in the ...

Andrew Tate case: Romania tows away luxury cars, other assets

BUCHAREST, Romania (AP) — Romanian authorities descended on a compound near Bucharest on Saturday to tow away a fleet of luxury cars and other assets worth an estimated $3.9 million in the case investigating Andrew Tate, the divisive social media personality who is detained in the country on ...

Maine gets 1st Mega Millions jackpot with $1.35B grand prize

Maine scored its first Mega Millions jackpot — and someone beat the ill fortune of Friday the 13th — when a ticket purchased in the state matched the winning numbers for the lottery’s estimated $1.35 billion grand prize. The lucky combination of numbers drawn late Friday night were: 30, ...

New, taller Barbie doll is aimed at kids as young as 3

NEW YORK (AP) — Love her or loathe her, Barbie has been transformed again, this time into a version for children as young as 3. Gone is the contentious hourglass figure for My First Barbie, which launched Thursday ahead of July’s live-action film about the icon starring Margot Robbie and ...