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So would a U.S. default really be that bad? Yes — And here's why
As the debt ceiling debate comes down to the wire, here is a look at some of the potential consequences if the U.S. defaults on its debt for the first time in history.
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•
4:15
What recession? It's a summer of splurging, profits and girl power
Economic data show higher prices and constant warnings of a downturn haven't slowed down American shoppers. The Fed is anxious. Companies are thrilled.
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•
6:55
Who's in, who's out and storylines to watch in the Women's World Cup round of 16
The Women's World Cup says goodbye to Germany and Brazil and welcome to Morocco and Jamaica. Here are the teams and games to watch as the tournament's knockout stage begins.
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•
3:18
Credit Card Nation: How we went from record savings to record debt in just two years
U.S. consumers had the highest savings rate on record in 2020 and credit card debt was plummeting. Now our savings is gone and debt is surging. What happened?
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5:15
Your KPBS year in review: 2023
The biggest stories on readers’ minds this year: housing, homelessness and cost of living.
What you need to know to vote in California's 2024 Primary Election
Californians will soon return to the polls for the 2024 primary election. What do voters need to know about the voting process?
Nepal wants its men back from Russia's war in Ukraine after deaths on the front
Russia recruits Nepali men with promises of citizenship and enticing wages. But after news of at least 10 Nepali troops killed, Nepal's government and families want to bring their soldiers home.
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6:59
Van poof! Dutch e-bike maker VanMoof goes bankrupt, leaving riders stranded
The sophisticated bicycle has attracted fans in Europe and the U.S., but repairs under warranty have bled the company of money.
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•
4:06
These are some of the people who'll be impacted if the U.S. defaults on its debts
Unless Congress acts to raise the federal debt limit, the U.S. government could run short of cash to pay its bills as early as June 1. Seniors, veterans, government workers and others would suffer.
The 2020 census may have missed a big share of noncitizens, the bureau estimates
A large share of non-U.S. citizens may have been missed in the 2020 tally of the country's residents, the Census Bureau says. The tally affects the distribution of political power and federal funds.
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