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CNBC Daily Open: Too Early to Celebrate the S&P s High

CNBC Daily Open: The S&P s High Is Nothing to Celebrate

19-year-old arrested on multiple charges after crashing into barriers near the White House

A driver was arrested and a Nazi flag was seized from the scene after a truck crashed into security barriers near the White House on Monday night, officials said.

Biden, McCarthy call debt ceiling talks productive, but fail to reach deal

President Biden met again with House Speaker Kevin McCarthy Monday over the looming debt ceiling crisis. Despite describing their negotiations as “productive,” McCarthy says he and the president are “still apart” on the terms of a deal. CBS News chief White House correspondent Nancy Cordes and CBS News congressional correspondent Nikole Killion have more. Source

How the rest of the world s economy would be affected if the U S defaults on its debts

If the debt crisis roiling Washington were eventually to send the United States crashing into recession, its economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world.

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