Finance
Hello and welcome to AS USA’s live blog covering economic and financial news.
Happy Monday! Negotiations between President Biden and congressional Republicans will continue at the White House today. Only eight days are left before the US Treasury could hit the debt limit and be left without enough money to pay its bills, so both parties are under pressure to reach an agreement. Both sides have confirmed that the proposal will need bipartisan support, which could pose a challenge for Speaker of the House Kevin McCarthy due to the slim majority he holds.
We will also bring you the latest…