The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House.
-
-
The government, which runs on a fiscal year that starts in October, is running a deficit of $421.41 billion for its fiscal first quarter of 2023, a 12% increase from the fiscal first quarter of 2022, Treasury data shows.
-
If your New Year’s goals include buying 2,616 castles or 1,520 high-end Ferraris for you and your closest friends, Tuesday’s Mega Millions jackpot could make your dreams a reality.
-
Bankman-Fried, the 30-year-old former crypto celebrity, was arrested a week ago at his luxury residence in the Bahamas. Federal prosecutors in New York charged him with eight counts of wire fraud and conspiracy charges, alleging he defrauded customers and investors in FTX, the cryptocurrency exchange he founded in 2019.
-
Here are some key provisions in the National Defense Authorization Act: Aid for Ukraine, Support for service members and their families, Enhanced defense partnership with Taiwan, End of military Covid-19 vaccine mandate
-
The Board of Supervisors Tuesday approved the transfer of more than $400,000 in unclaimed property tax overpayments to the Riverside County government treasury, where it will be available to be spent on discretionary needs.
-
Increasing prices for rents and some consumer goods and services throughout the Riverside metropolitan area in the previous two months were offset by lower energy and healthcare bills, but pocketbook pressure was still up 7.5% locally over the last year, federal officials said Tuesday.
-
Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and stressing that a recession isn’t required to get prices back under control.
