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Biden Rejects US Steel-Nippon Steel Deal

CBS News President Biden blocks Nippon Steel's $15 billion acquisition of U.S. Steel, citing national security concerns and the need to maintain a strong domestic steel industry.

United Auto Workers President Rejects Big Three Automakers' Wage Increase Offer Amid Strike

CBS News The auto workers’ strike against Detroit’s Big Three went into its fourth day on Monday with no signs of an early breakthrough and against the threat that the walkout could soon spread.

Yellen Says Washington Might ‘Respond To Unintended Consequences’ For China Due To Tech Export Curbs

Associated Press Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations.

Treasury Secretary Janet Yellen Says China Trip 'Has Been Successful' In Forging Relationships

CBS News After several days of meetings with senior Chinese officials covering major issues like national security, technology and trade, Treasury Secretary Janet Yellen said her trip to Beijing was "successful" in that it laid a foundation for ongoing diplomacy with the United States.

U.S. Treasury Chief Yellen Appeals To China For Cooperation On Climate, Other Global Challenges

Associated Press Treasury Secretary Janet Yellen appealed to China on Saturday for cooperation on climate change and other global challenges and not to let disagreements about trade and other irritants derail relations.

SEC Lawsuits Against Cryptocurrency Companies Raise Questions About Industry's Future

Associated Press The U.S. Securities and Exchange Commission filed lawsuits last week against the world’s biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.

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Biden To Address Nation On Debt Ceiling Deal To Avoid Default

CBS News President Biden is addressing the nation from the Oval Office on Friday night after both chambers of Congress passed an agreement to suspend the debt ceiling and limit federal spending. The president has expressed he wants to sign the measure, known as the Fiscal Responsibility Act of 2023, as soon as possible.

Biden To Address Nation On Debt Ceiling Deal To Avoid Default

Senate Passes Debt Ceiling Bill, Sending Measure To Biden To Avert Default

CBS News The Senate on Thursday passed legislation to suspend the debt ceiling and limit federal spending, sending the bill to President Biden's desk to avoid a U.S. government default that would have caused economic chaos.

Senate Passes Debt Ceiling Bill, Sending Measure To Biden To Avert Default

Debt Ceiling Bill Clears 1st House Hurdle, Teeing Up Wednesday Vote

CBS News The bipartisan agreement to raise the debt ceiling and limit government spending passed a critical test in Congress on Tuesday, advancing out of the House Rules Committee despite opposition from some conservatives.

Debt Ceiling Bill Clears 1st House Hurdle, Teeing Up Wednesday Vote

Debt Ceiling Deal's Next Step Is Getting Through Congress

CBS News Now that President Biden and House Speaker Kevin McCarthy have reached an agreement to suspend the debt ceiling and prevent the nation from defaulting on its debts, the White House and congressional leaders must convince enough lawmakers in the narrowly divided House and Senate to pass the legislation.

Debt Ceiling Deal's Next Step Is Getting Through Congress

Biden And GOP Rush To Complete Debt Ceiling Deal, Shore Up Support To Prevent Default

Associated Press With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy on Sunday were completing a deal to raise the nation’s debt ceiling while trying to ensure enough Republican and Democratic votes to pass the measure in the coming week.

Biden And GOP Rush To Complete Debt Ceiling Deal, Shore Up Support To Prevent Default

Biden, GOP Reach Debt Ceiling Deal With 2-Year Agreement Work Requirements

Associated Press President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline, the House speaker said.

Biden, GOP Reach Debt Ceiling Deal With 2-Year Agreement Work Requirements

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Deadline Looming, Biden And Mccarthy Narrow In On Budget Deal To Lift Debt Ceiling

Associated Press Days from a deadline, President Joe Biden and House Speaker Kevin McCarthy are narrowing in on a two-year budget deal aiming to curb federal deficits in exchange for lifting the nation’s debt ceiling and staving off an economically devastating government default.

Deadline Looming, Biden And Mccarthy Narrow In On Budget Deal To Lift Debt Ceiling

Credit Rating Agency Fitch Puts US AAA Rating On Watch. Here's What That Means

CBS News Credit bureau Fitch Ratings said the AAA rating of the U.S. is at risk because of the "brinkmanship over the debt ceiling," which is increasing the risk that the nation could default on some of its debt and other obligations.

Credit Rating Agency Fitch Puts US AAA Rating On Watch. Here's What That Means

World Stocks Slide As US Debt Worries Mount

Associated Press Global stock markets and Wall Street futures fell Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt.

World Stocks Slide As US Debt Worries Mount

Associated Press Global stock markets and Wall Street futures fell Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt.

McCarthy Says Debt Ceiling Meeting With Biden Was 'Productive,' Though No Deal Yet

CBS News Debt ceiling negotiations are continuing Tuesday, but the White House and House Republicans are "far apart," Republican Rep. Garret Graves, who is one of the House GOP negotiators, told reporters.

McCarthy Says Debt Ceiling Meeting With Biden Was 'Productive,' Though No Deal Yet

President Biden, Speaker McCarthy Reach Critical Week Of Negotiations For Debt Ceiling

Alex Cameron What looks to be a critical week in negotiations to avoid an unprecedented and economically devastating debt default has started with another meeting between Democratic President Joe Biden and Republican Speaker of the House Kevin McCarthy.

President Biden, Speaker McCarthy Reach Critical Week Of Negotiations For Debt Ceiling

How Damage From A US Debt Default Could Cascade Across The Global Economy

Associated Press If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone.

How Damage From A US Debt Default Could Cascade Across The Global Economy

Associated Press If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone.

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LIVE UPDATES: Oklahoma fire recovery begins in northeastern OK

Carrie Winchel Wildfires in Oklahoma devastated parts of the state Friday, fueled by strong winds. Follow live updates for recovery efforts.

Olive Fire Department firefighter injured, department response stats

Destini Pittman An Olive firefighter was injured while responding to a fire in Mannford as the department handled 10 calls, including seven mutual aid responses and three within their district.

Ferguson family seeks community support after wildfire tragedy

Graham Dowers The Ferguson family is facing hardship after a devastating wildfire left Allen Ferguson and his son Will with severe burns.

Mannford Nursing Home successfully evacuated residents ahead of Friday wildfires

Graham Dowers All 44 residents of the Mannford Nursing Home were safely evacuated after a nearby wildfire threatened the facility.

Gov. Stitt visits own ranch, destroyed by wildfires

Graham Dowers After visiting several cities across Oklahoma, Kevin Stitt visited his ranch north of Luther.

Mannford police request space on roads for emergency vehicles

Graham Dowers Mannford Police Department, in a post on Facebook, has requested that those in the area not drive on the roads to look at the damage left by the wildfires.

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