The United States government has hit the nearly $31.4 trillion debt ceiling and Treasury Secretary Janet Yellen informed congressional leaders she’s taking extraordinary measures to pay the government’s bills. But according to Rep. Don Bacon, R-Neb., negotiations on Capitol Hill to increase the ceiling and avoid a default have still not started. “Not yet, unfortunately.…

The U.S. has officially hit its debt ceiling, the max amount of money it is able to borrow. With the government on the hook for $31 trillion, Republicans in Congress say they want spending concessions made before they agree to raise the debt ceiling. The White House says it won’t negotiate. Straight Arrow News contributor…

With the Federal Aviation Administration’s (FAA) alert system outage in the rearview mirror, more flight disruptions could be on the way in 2023. The FAA released a statement explaining the outage Thursday, saying it was caused by contracted workers “unintentionally” deleting files used for the system. “The FAA made the necessary repairs to the system and…

Used vehicle prices are finally starting to normalize after skyrocketing in 2021, but that does nothing for existing borrowers who are showing signs of being in trouble. The number of borrowers who are at least 60 days late on making their car payment has gone up 26.7% from a year ago, according to Cox Automotive…

China’s population crisis appears very real. The People’s Republic saw its population decline by 850,000 people last year, thanks to factors such as the country’s limited birth policy, lower fertility rates and the COVID-19 pandemic. Its sputtering economy is another reason being cited. Straight Arrow News contributor Peter Zeihan says the demographic data is even…

A deadly helicopter crash in Ukraine kills top Ukrainian authorities and children on the ground; the U.S. and China are meeting to discuss the outlook of our economies; and Congressman George Santos finds himself on two House committees. These stories and more highlight your daily morning rundown for Wednesday, Jan. 18, 2023. Ukraine helicopter crash…

The United States government is about to hit the debt ceiling, or the maximum amount of money it’s allowed to borrow in order to pay its bills. The ceiling is currently set at $31.3 trillion. Treasury Secretary Janet Yellen warned House Speaker Kevin McCarthy, R-Calif., that the government could reach the limit by Thursday, and when…

China’s population has declined for the first time in decades; a former candidate has been arrested in shootings at New Mexico elected officials’ homes; and Elon Musk’s trial over a tweet he posted about Tesla begins today. These stories and more highlight the daily rundown for Tuesday morning, Jan. 17, 2023.  Trial over Musk Tesla…

Attorney General Merrick Garland appointed a special counsel to investigate how classified documents ended up at President Biden’s personal office in Washington D.C., and at his home in Wilmington, Delaware. Garland appointed Robert Hur, who has previously served as the top prosecutor for the state of Maryland. According to the Justice Department, Hur will now…

ESPN sued over its vaccine mandate, Chicago’s mayor’s office under fire; Nebraska senator appointed; and inflation is still going down. These stories and more highlight the midday rundown for Thursday, Jan. 12, 2023. U.S. saw deflation in December In December, the U.S. economy saw deflation for the sixth month in a row. Consumer prices came…