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Janet Yellen issues warning to Congress as US nears debt limit | US politics

In a letter sent to Congressional leaders Friday afternoon, Treasury Secretary Janet Yellen called the “extraordinary measures” aimed at preventing the debt ceiling from being hit as early as Jan. 14. , that is, it is necessary to initiate special accounting measures. . “Treasury expects to reach the statutory debt ceiling between January 14 and […]

Vanguard strikes deal with FDIC over huge holdings in US banks – Financial Times

Stay informed with free updates Just sign up for US financial regulation myFT Digest — delivered straight to your inbox. Vanguard has bowed to regulatory pressure and agreed to new oversight of investments in some U.S. lenders, a decision that could have far-reaching implications for asset managers and banks. The deal, unveiled Friday by the […]

Arizona man found dead near to smoldering vehicle

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Legendary Sportscaster Greg Gumbel Dead at 78

Legendary CBS Sportscaster and play-by-play analyst Greg Gumbel has passed away after a battle with cancer, according to a statement from his family released Friday by CBS Sports. Gumbel was 78 years old. Gumbel's instantly recognizable voice was synonymous with meaningful NFL football as he frequently called games that had an impact on the postseason. […]

GOP rep on backing Johnson as Speaker: 'I'm going to keep my options open’

Rep. Scott Perry (Pennsylvania), former chairman of the House Freedom Caucus, has joined Speaker Mike Johnson (R-Louisiana) as the House prepares to formally elect a speaker on January 3. He is the latest Republican lawmaker to decline to express support. , added uncertainty to the prospects of Republican leaders retaining the gavel. “I think Mike […]

Big Lots in deal to keep hundreds of stores open

Big Lots announced Friday that it will sell its stores, distribution centers and intellectual property to retailers including Variety Wholesaler to Gordon Brothers in an effort to preserve the brand and save some distributors and jobs. – Announced that it has reached an agreement with Retail Partners. Privately owned Variety Wholesalers plans to acquire 200 […]