Friday's debt ceiling meeting between President Joe Biden and congressional leaders postponed until

Meanwhile, June is getting closer.

(June is the month the Federal Reserve is expected to run out of money to pay government employees.)

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UK consumer confidence rises for fourth month in a row in May

The easing of inflationary pressures is helping. However, consumer confidence itself remains in deep negative territory.

Investors have become more active in selling shares of ...

Investors have become more active in selling shares of businesses that are dependent on receiving money from the US federal budget. They anticipate a possible delay in government spending due to ongoi

California has refused to pay its $18.6 billion debt to the US federal government—it is a default!

The state was taking money to pay unemployment benefits. Now California businesses will have to repay the debt. When a federal unemployment insurance loan goes unpaid, the federal government immediate

Friday's debt ceiling meeting between President Joe Biden and congressional leaders postponed until

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