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Fatima Hussein, Associated Press

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Fatima’s Recent Stories

World May 19

How effective will a new round of sanctions be in stopping Russia's invasion of Ukraine?

The latest sanctions target hundreds of people and firms — including those helping Moscow evade existing sanctions. They also target new sectors of Russia's economy.

Economy May 19

New poll shows majority of adults in U.S. say they are concerned about debt limit, don't understand latest negotiations

A new poll finds that most U.S. adults say they are highly concerned about how the nation's economy would be affected if the debt limit isn't increased and the government can't pay its debts.

Politics May 18

Here's why a government default could be worse than a government shutdown

All the hand-wringing over a potential government default if Congress doesn't increase the national debt limit has conjured up images of past government shutdowns.

Politics May 16

WATCH: White House hosts another round of debt ceiling talks between Biden, congressional leaders

Crucial debt ceiling negotiations are still far from success, but a deal is possible by the end of the week, McCarthy said after a brief meeting Tuesday with President Joe Biden and other congressional leaders at the White House.

Politics May 08

Lawsuit calls on Treasury Secretary Yellen to ignore 'unconstitutional' debt limit

A union of government employees has sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government's total debt, which the lawsuit contends is unconstitutional.

Politics May 01

Treasury Secretary Yellen says U.S. could hit debt ceiling as soon as June 1

Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit as early as June 1, if the body does not raise or suspend the debt limit before then.

Politics Apr 20

WATCH: White House holds news briefing as UN chides Biden for climate inaction

President Joe Biden touted U.S. climate investments at a virtual White House climate summit. But Biden's message Thursday was challenged by the U.N. secretary-general.

Politics Apr 19

IRS touts improved customer service, credits funding boost

Taxpayers who called the IRS had an average wait time of four minutes this tax season compared to 27 minutes a year earlier, the agency said this week.

Economy Apr 11

WATCH: Yellen holds news conference during worrying IMF-World Bank spring meetings

U.S. Treasury Secretary Janet Yellen held a news conference Tuesday as the outlook for the world economy has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks.

Politics Mar 31

Medicare, Social Security could fall short over next decade, report says

An annual report on Social Security and Medicare says the financial safety nets millions of older Americans rely on and millions of young people are counting on will run short on funds to pay full benefits within the next decade.

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