The House voted on Wednesday to raise the debt ceiling, marking the first step toward avoiding economic catastrophe just five days before the Treasury's deadline for default.
Senate Majority Leader Chuck Schumer (D-NY) said the Senate will act fast to pass a debt ceiling bill as soon as it arrives in the upper chamber as the deadline for the United States to avoid a default on its debt approaches.
The first round of June's three Social Security payments, worth up to $4,555, will be sent out in two weeks, according to the Social Security Administration's schedule.
Western powers must back Ukraine’s expected counteroffensive with additional military aid in a bid to induce Russia to negotiate before the end of the year, according to French President Emmanuel Macron.
Former President Donald Trump reportedly spoke in the summer of 2021 about a classified document in his possession about a potential attack on Iran, according to a recording obtained by federal prosecutors.
Once the House passes a bill to raise the debt ceiling through 2024, the Senate will have only a couple of days to move it through the chamber ahead of the June 5 deadline.
The price of manufacturing electric vehicles might not equal that of gas-powered vehicles until after 2030, when a less labor-intensive process becomes available, according to Ford CEO Jim Farley.
