The Latest Breaking News from White House

George HW Bush was the most sportsmanlike modern president but Gerald Ford was the best athlete, author says

Debt limit talks between the White House and House Republicans stopped, started and stopped again Friday at the US Capitol, a dizzying series of events in high-stakes negotiations to avoid a potentially catastrophic federal default.

Janet Yellen, the treasury secretary, has said that without action the US will cease to be able to pay its debts around 1 June

The major indexes swung lower Friday after lawmakers reached an impasse in debt ceiling negotiations.

The dollar index (DXY00 ) on Friday fell by -0.36%. The dollar retreated after Friday after talks to raise the debt ceiling hit a roadblock when Republican negotiators left a meeting with White House representatives and said talks were on a “pause.” The dollar also moved lower Friday after Fed...

White House probes tracking tech that monitors workers’ productivity: Kiplinger Economic Forecasts

WASHINGTON — Debt-limit negotiations hit an impasse Friday as House Speaker Kevin McCarthy blamed the White House for resisting spending cuts, casting doubt on efforts in Washington to avert a catastrophic default.

Republican Leader McCarthy says deb cap negotiations will resume Friday evening after a pause that rattled markets.

House Speaker Kevin McCarthy’s top debt-ceiling negotiators abruptly left a closed-door meeting with White House representatives soon after it began Friday morning, throwing into doubt the status of talks to avoid a US default.