The government has less than a month before it could start defaulting on its payments, Treasury Secretary Janet Yellen said this week.
Category Archives: business
Michelle Obama launches company to promote healthy food for kids
Michelle Obama has co-founded a company, PLEZi Nutrition, to make and sell healthier food and drinks for kids, products with less sugar and higher nutrition.
The king's coronation will feature storied, troubled and so-called sustainable bling
A coronation offers a rare glimpse into the British royal family’s famous treasures, the crown jewels, which are normally locked away in the medieval Tower of London.
Israeli forces kill wanted Palestinians in West Bank
Israeli troops on Thursday killed three Palestinians wanted in connection with a deadly attack against Israelis, the military said.
18 last-minute gifts that should arrive by Mother's Day
These last-minute Mother’s Day gifts have rapid shipping options and can charm every type of mom.
Fed raises interest rates 0.25% in attempt to tame inflation
The Fed hiked interest rates for the tenth time in a year by another quarter of a point as it continues to try and tame inflation. NBC News’ Tom Costello has more details.
Federal Reserve says it may stop interest rate hikes as banking concerns linger
The Federal Reserve raised interest rates for the 10th consecutive meeting Wednesday but signaled those hikes might be done — thanks in part to jitters in the banking system.
Can Democrats go around McCarthy to force a debt ceiling vote? It’s possible
As time runs out for Congress to find a solution to the debt ceiling limit crisis, Democrats are leaning on a new strategy to force Republicans to vote soon.
White House details ‘severe damage’ to the economy if debt ceiling default occurs
The White House will publish on Wednesday new warning about the potential damage to the U.S. economy and taxpayers should the debt ceiling not be lifted.
In a galactic first, star seen swallowing planet in one gulp
For the first time, scientists have caught a star in the act of swallowing a planet — not just a nibble or bite, but one big gulp.