Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
IRS offers face-to-face help in Atlanta this weekend, no appointment needed
The IRS says for just this one day, taxpayers can head to their Atlanta office for face-to-face assistance. No appointment necessary!
The IRS says for just this one day, taxpayers can head to their Atlanta office for face-to-face assistance. No appointment necessary!
Georgia taxes fall in April, but budget picture still bright
Georgia remains on track for another budget surplus, even after the state’s tax revenues fell in April.
Georgia remains on track for another budget surplus, even after the state’s tax revenues fell in April.
5K boxes of food given to those in need in DeKalb County
Members of the faith community in DeKalb County have begun early preparations for Mother's Day celebrations this year by distributing more than 5,000 boxes of food yesterday at multiple churches across the county.
Members of the faith community in DeKalb County have begun early preparations for Mother's Day celebrations this year by distributing more than 5,000 boxes of food yesterday at multiple churches across the county.
Number of new American business applications hits an all-time high
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
Spring homebuyers to continue facing inventory woes
New home listings dropped 21.3% year over year nationwide.
New home listings dropped 21.3% year over year nationwide.
Volkswagen sees sales decline in China, pledges recovery this year
Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.
Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.
70% of Americans plan to retire, but 42% lack savings: Study
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
Airbnb renews push for renting single rooms costing average of $67 per night
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
United planning to hire 15K workers ahead of expected summer travel surge
The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.
The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.
How the latest Fed interest rate hike could impact credit card debt, auto loans
The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans.
The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans.
Feds raise key interest rate to highest level in 16 years
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Inflation drives Manuel's Tavern owner to ‘hit the nuclear button’ on menu
“We have been eating those cost for so long, and now it was clear that we couldn’t eat them any longer,” the Manuel's Tavern owner Brian Maloof told FOX 5.
“We have been eating those cost for so long, and now it was clear that we couldn’t eat them any longer,” the Manuel's Tavern owner Brian Maloof told FOX 5.
First Republic Bank seized by regulators, sold to JPMorgan Chase
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
Manuel's Tavern raises prices to compete with inflation
"It is not about padding our pockets, but ensuring our future survival," the tavern's owner said in an open letter posted online.
"It is not about padding our pockets, but ensuring our future survival," the tavern's owner said in an open letter posted online.
New home listings plunge over 22% in April, Redfin says
The drop in home listings this month was one of the biggest declines since the pandemic gripped the world in 2020, according to a new Redfin report.
The drop in home listings this month was one of the biggest declines since the pandemic gripped the world in 2020, according to a new Redfin report.
Restart of federal student loan payments may be around the corner
The student loan payment freeze dates to early 2020.
The student loan payment freeze dates to early 2020.
73% of American Millennials living paycheck-to-paycheck, financial report shows
Faced with high prices and interest rates, consumers have begun reining in their spending.
Faced with high prices and interest rates, consumers have begun reining in their spending.