Ron DeSantis rips Kevin McCarthy's "massive" spending in debt deal
The Florida governor described the plan to raise the debt ceiling as "inadequate" on Monday.
Bud Light beer sells for 14 cents as company struggles during boycott
Company boycotts have been gaining popularity across the country as some people say companies should focus on their products rather than social issues.
Kevin McCarthy's complicated win on debt deal
McCarthy managed to extract multiple concessions from the White House in a "historic" deal to limit spending. Not all of his members are happy with the result.
Companies Should Follow the Government's Lead on Fair Chance Hiring
By 2030, 100 million Americans are expected to have criminal records. Excluding so many people from employment serves no purpose; it undermines individual success, business growth, and community stability.
Ted Cruz calls Kevin McCarthy's debt deal a "blank check" for Democrats
The Texas senator is the latest GOP lawmaker to speak out against the deal reached between President Joe Biden and House Speaker Kevin McCarthy.
Steve Bannon blasts McCarthy's "total surrender" to Biden on debt limit
Bannon told Newsweek on Sunday that the deal to raise the debt ceiling shows McCarthy is "not a real leader."
Target slammed by 'Twilight' actress for moving Pride section amid backlash
In her Instagram video, Rachelle Lefevre said she wouldn't be able to take her non-binary child back to the store until the end of Pride month.
Target boycott over LGBTQ+ products is "literally terrorism": Economist
Justin Wolfers, a public policy professor, explained that "terrorism" stems from creating fear among workers and forcing companies to sell specific products.
MAGA civil war heats up
"It's no holds barred from here on out because the stakes are so high," University of South Florida professor Susan MacManus said.
Democrats may still block any Biden-McCarthy debt limit deal
After some Republicans expressed their unease with a pending compromise between House leadership and the White House, Democrats now have room to block a deal.
Five ways Joe Biden can outmaneuver Kevin McCarthy over the debt ceiling
The president has options to avoid a default without having to agree spending cuts—but these may be politically unpalatable.
Kevin McCarthy, Joe Biden negotiations may be nearing breakthrough
Congress has until June 1 to reach a deal to raise the debt ceiling and avoid widespread economic fallout.
Americans fear economic fallout of default even if they're tuning out
"It is the bad taste in people's mouths from spiking gas prices ... that's affecting Biden's approval rating," an economist told Newsweek.
GOP rep. confronted with Trump flip-flop on debt limit
The United States could avoid a default if the federal government decides to either have spending cuts or raise its debt ceiling or both.
The real impact of immigration on the U.S.
Immigrants added $2 trillion to the U.S. GDP in 2016 and $458.7 billion to state, local, and federal taxes in 2018, a study showed.
Florida immigration law could trigger mass labor shortage
The law expands requirements for businesses with more than 25 staffers to use E-Verify, a federal system that determines if employees can legally work in the U.S.
Steve Bannon issues veiled threat to Kevin McCarthy
Speaker McCarthy is working to strike a deal with Democrats to raise the debt ceiling, but Bannon warned doing so could raise the ire of the GOP's right flank.
Russia spent year's worth of savings in just four months
By April 2023, the Kremlin's budget deficit exceeded what authorities had planned for the entire year.
How is the 14th Amendment connected to the debt ceiling?
Legal experts have suggested the 14th Amendment could provide President Joe Biden a mechanism to raise the debt ceiling without GOP support.
Investors made $7B betting against Biden administration fixing bank crisis
While traders shorting stock in mid-sized banks is an "important indicator" of investor confidence, depositors do not need to "panic," one expert told Newsweek.
California's Outmigration Problem
Why people are leaving California is important, especially now that Governor Gavin Newsom has launched a stealth campaign for president.
One sentence missing from Fed statement puts focus on future interest rate
Fed Chair Jerome Powell said the "meaningful change" shows that the Fed is no longer anticipating future hikes, but he stopped short of pausing increases.
Trading of bank shares halted after value plunges
Earlier this week, First Republic Bank collapsed and most of its assets were sold to JPMorgan Chase.
First Republic rated one of America's "best banks" months before failure
First Republic was listed by Forbes as the 44th best bank in the U.S. Now it's been sold to JPMorgan Chase after a collapse.
Investors bet on Fed raising interest rates after First Republic failure
The collapse of First Republic means that three of the four largest bank collapses occurred in 2023.
Hilaire Belloc Points the Way to Common-Good Capitalism
As religious conservatives continue to debate the proper spheres of markets and government, they should keep Belloc in mind.
Fed had concerns about Silicon Valley Bank two years before collapse
Earlier this year, the Silicon Valley Bank collapsed, prompting widespread concerns about the U.S. economy.
Fact Check: Did Donald Trump lift debt ceiling with no spending cuts?
As House Republicans wrangle cuts, one commentator claimed that former President Donald Trump never had to negotiate cuts.
Fact Check: Did Biden raise "tax burden" for Americans earning $20,000?
A recent post on social media by RNC Research suggested that families earning $20,000 would be hit by a Biden "tax burden."
Robin Williams' "brilliant" take on the 2008 financial crisis resurfaces
The late comedian was praised as "an actual gem" for his hilarious reaction to the last global economic meltdown.