These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
Fight over national debt limit moves to Congress, as deadline looms
President Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
President Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
State Farm not insuring new homes and businesses in California
State Farm General Insurance Company is no longer accepting new applications for homeowners insurance policies in California, citing rising construction costs and growing risk of catastrophic wildfires.
State Farm General Insurance Company is no longer accepting new applications for homeowners insurance policies in California, citing rising construction costs and growing risk of catastrophic wildfires.
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
Source: Debt ceiling 'agreement in principle' has been reached
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
State Farm ceasing new applications in California for property insurance, other policies
The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday.
The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday.
San Francisco’s Market Street Old Navy to close, company says
The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
Southern accents could cost job seekers a 20% wage penalty, study finds
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
New college graduates worried about job prospects with shaky market
Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.
Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.
San Jose officials try to save neglected historic church while owner on house arrest
The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.
The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.
10 lighthouses being given away, sold at auction by US government
Ten lighthouses that for generations have stood like sentinels along America’s shorelines protecting mariners from peril and guiding them to safety are being given away at no cost or sold at auction by the federal government.
Ten lighthouses that for generations have stood like sentinels along America’s shorelines protecting mariners from peril and guiding them to safety are being given away at no cost or sold at auction by the federal government.
Supreme Court rules in favor of 94-year-old woman who got nothing when Hennepin County took her condo
A unanimous Supreme Court on Thursday gave a 94-year-old Minneapolis woman a new chance to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill.
A unanimous Supreme Court on Thursday gave a 94-year-old Minneapolis woman a new chance to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill.
Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears
A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.
A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.
DoorDash accused in lawsuit of charging iPhone users more for delivery
The lawsuit claims iPhone users are charged extra fees on top of their food delivery bill.
The lawsuit claims iPhone users are charged extra fees on top of their food delivery bill.
Netflix to charge extra $7.99 a month for users outside US subscribers' households
Netflix has outlined how it intends to crack down on the rampant sharing of account passwords in the U.S. It's an attempt to reel in more subscribers to its video streaming service amid a slowdown in growth.
Netflix has outlined how it intends to crack down on the rampant sharing of account passwords in the U.S. It's an attempt to reel in more subscribers to its video streaming service amid a slowdown in growth.
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
Venmo for teens: Social payment app officially available for those 13 and up
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Debt ceiling explained: Why it's a struggle, how the impasse could end
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.