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U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says

People walk and ride bicycles past the US Capitol in Washington, DC, on May 11, 2023.Jim Watson | AFP | Getty ImagesWASHINGTON —...

U.S. Risks Breaching Debt Ceiling in First Two Weeks of June, CBO Says

The government faces a significant risk that it will be unable to pay all of its bills in the first two weeks of...

GOP law cut Big Pharma tax rates by 40%, Senate report says

(L-R) Richard A. Gonzalez, chairman and CEO of AbbVie Inc., Pascal Soriot, executive director and CEO of AstraZeneca, Giovanni Caforio, chairman of the...

Supreme Court Upholds California’s Effort to Regulate Pork Industry

The ruling could make it easier for state governments to regulate beyond their borders Source link

WSJ News Exclusive | Automation Giant Faces U.S. Government Probe Over China Operations

The investigation of Rockwell focuses on whether its software might allow access to critical U.S. government and industrial infrastructure. Source link

Pakistan Seeks to Extend Imran Khan’s Detention

The former prime minister appeared before a judge, after his arrest on corruption charges this week triggered violent protests. Source link

White House Debt-Ceiling Meeting Fails to Yield Breakthrough as Deadline Nears

President Biden and House Speaker Kevin McCarthy remained at loggerheads after a meeting Tuesday at the White House. Source link

Biden, GOP Lawmakers Not Budging as Debt-Ceiling Meeting Convenes

The U.S. could default on obligations as soon as June 1 unless the borrowing limit is raised. Source link

Disney Says DeSantis, Allies Are ‘Weaponizing the Power of Government’

The entertainment company says it is being targeted over its opposition to the Parental Rights in Education bill. Source link

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