Debt deal avoids the really tough decisions
The US government took one step back from self-inflicted economic disaster on Tuesday.
2023-05-31 12:25
Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.
The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.
2023-05-30 21:20
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:48
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:55
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:25
Biden and McCarthy aides hunt for bipartisan debt ceiling deal
By Jarrett Renshaw White House and congressional Republican negotiators will meet again on Tuesday to resolve a months-long
2023-05-23 18:26
Japan's spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO Japan's consumer spending unexpectedly fell in March at the fastest rate in a year,
2023-05-09 11:25