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Business

Debt ceiling talks teeter on the brink, as lawmakers leave town without a deal

WASHINGTON (AP) — House Republicans pushed debt ceiling talks to the brink on Thursday, displaying risky political bravado in preparing to leave town for the holiday weekend just days before the U.S. could face an unprecedented default hurling the global economy into chaos. However, Speaker ...

McCarthy sends Republican debt limit negotiators to White House

WASHINGTON (AP) — House Speaker Kevin McCarthy said Wednesday he was sending Republican negotiators to the White House to finish out debt limit talks, but warned that the two sides are “still far apart” as they try to reach a budget deal with President Joe Biden. McCarthy said he ...

High Court won’t hear dispute over barring sale of foie gras

WASHINGTON (AP) — The Supreme Court said Monday it won’t get involved in a dispute over a California animal cruelty law that bars foie gras from being sold in the state, leaving in place a lower court ruling dismissing the case. Foie gras is made from the enlarged livers of force-fed ...

Biden declares ‘America will not default,’

WASHINGTON (AP) — An optimistic President Joe Biden declared Wednesday he is confident the U.S. will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. He left for a G-7 summit in Japan but planned to return by ...