May 23 Watch 5:43 How the U.S. national debt reached $31.4 trillion By Lisa Desjardins, Kyle Midura If you stacked up the full debt of the United States in hundred dollar bills, you could make not one, not two, but 13 piles of cash as tall as the Washington Monument. Lisa Desjardins takes a look at what… Continue watching
May 23 Watch 6:08 Economist Mark Zandi on the potential impacts of the U.S. defaulting on its debt By William Brangham, Shoshana Dubnow The impact of the U.S. defaulting on its debt would be felt by many Americans. It could include suspension of Social Security checks or a loss of food stamp benefits, to name just a few. Many economists argue it would… Continue watching
May 23 AP report: DeSantis plans to announce 2024 bid Wednesday on Twitter Spaces with Elon Musk By Steve Peoples, Associated Press Musk seemed to confirm the news Tuesday in London, saying DeSantis would be making "quite an announcement' on Twitter on Wednesday. He called it "the first time something like this is happening on social media," with real time questions and… Continue reading
May 23 Largest U.S. LGBTQ+ rights group issues Florida travel advisory By Associated Press The LGBTQ+ advocacy group joins the NAACP, the League of United Latin American Citizens, the Florida Immigrant Coalition and Equality Florida in issuing travel or relocation warnings for the Sunshine State. Continue reading
May 23 UPS strike looms in a world increasingly reliant on delivery services By Matt Ott, Haleluya Hadero, Associated Press UPS delivers millions more packages every day than it did just five years ago and its 350,000 unionized workers, represented by the Teamsters, still seethe about a contract they feel was forced on them in 2018. Continue reading
May 23 What are the hangups in the ongoing debt ceiling negotiations? By Lisa Mascaro, Mary Clare Jalonick, Associated Press President Joe Biden and House Speaker Kevin McCarthy met Monday after a weekend of on again, off again negotiations over raising the nation's debt ceiling and mere days before the government could run out of cash to pay its bills. Continue reading
May 22 Watch 4:55 Debt ceiling negotiations continue as Treasury says deadline is 10 days out By Geoff Bennett, Laura Barrón-López, Lisa Desjardins President Biden is back at the negotiating table after cutting his trip to Asia short. His meeting with House Speaker Kevin McCarthy comes with just 10 days until the Treasury Department says it will run out of money to pay… Continue watching
May 22 Here’s what would happen to the global economy if the U.S. defaults on its debt By Paul Wiseman, Associated Press If the debt crisis roiling Washington were eventually to send the U.S. crashing into recession, America's economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. Continue reading
May 22 2 million killed, $4.3 trillion in damages from extreme weather over past half-century, UN agency says By Associated Press The stark recap from the World Meteorological Organization came as it opened its four-yearly congress among member countries, pressing the message that more needs to be done to improve alert systems for extreme weather events by a target date of… Continue reading
May 22 Public approval of Biden’s approach to economy and gun policy remains low, AP-NORC poll finds By Aamer Madhani, Emily Swanson, Associated Press Just 33% of American adults say they approve of President Joe Biden’s handling of the economy and only 24% say national economic conditions are in good shape. Continue reading