U.S. News
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Walmart tops earning expectations as shoppers seek bargains on essentialsWalmart raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as groceries amid high inflation.MoneyMay 18
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Debt ceiling deal in sight as Biden cuts overseas trip short to focus on talksNegotiations are still far from success, but a deal is possible by the end of the week, Republican House Speaker Kevin McCarthy said after a brief meeting with Biden.U.S. NewsMay 16
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U.S. regulators vow to ratchet up rules, oversight for banks after recent failuresFed Vice Chair for Supervision Michael Barr said the agency was "carefully considering" rule changes for larger regional banks of over $100 billion in assets.EconomyMay 16
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Home Depot cuts sales forecast in sign consumers are reining in renosHome Depot cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending.EconomyMay 16
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‘Very concerning’: U.S. debt limit talks appear to stall as crisis loomsThe Treasury Department on Monday left unchanged a deadline as soon as June 1 when the nation will have exhausted its ability to cover its debt payments.U.S. NewsMay 15
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Biden, congressional leaders postpone debt limit meeting as talks continueThe White House said staff would continue to hold discussions, and the delay was billed as a sign of positive exchanges between Republican and Democratic leaders, and Biden.U.S. NewsMay 11
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Sale of over-the-counter birth control pill backed by U.S. FDA panelFDA health advisers say a decades-old birth control pill should be sold without a prescription, paving the way for a likely U.S. approval of the 1st over-the-counter contraceptive.HealthMay 11
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No movement on U.S. debt talks after Biden meets with congressional leadersBiden invited House and Senate leaders from both parties to the Oval Office as the U.S. faces down a looming deadline to raise the debt ceiling or risk a default.U.S. NewsMay 9
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Walmart plans to slow hiring as it ramps up use of automationWalmart says it's expecting inflation to add sustained pressure to its business this year, and that it was planning to slow the pace of hiring as it uses more automation.EconomyApr 5
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Bank rules under review in wake of SVB failure, U.S. Fed official saysFed official Michael Barr said during a Senate Banking Committee hearing it is considering whether stronger bank rules are needed to prevent a similar bank failure in the future.U.S. NewsMar 28
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