US labor secretary sees no need for now to step into talks between UPS, Teamsters
By Kanishka Singh WASHINGTON Acting U.S. Labor Secretary Julie Su said on Friday she does not see a
2023-07-07 23:26
UPS, Teamsters accuse each other of walking away from contract talks
By Abhijith Ganapavaram (Reuters) -The Teamsters Union said on Wednesday United Parcel Service "walked away" from negotiations over a new
2023-07-05 20:50
Biden administration moves ahead with Medicare drug price negotiations amid industry lawsuits
Undeterred by a growing number of lawsuits, the Biden administration on Friday released revised guidance for Medicare's new drug price negotiation program.
2023-06-30 20:57
Drugmaker industry group sues to stop Medicare drug price negotiation
Drugmakers' leading industry group is the latest to file a lawsuit seeking to stop Medicare's newly granted power to negotiate drug prices. The Pharmaceutical Research and Manufacturers of America, known as PhRMA, argues that the negotiation provision is unconstitutional.
2023-06-22 08:56
Drugmakers want to stop Medicare from negotiating prices. Here's what you should know
In less than three months, the federal government is set to announce the initial 10 drugs subject to first-ever price negotiations in Medicare. Pharmaceutical companies and their supporters want to stop that from happening.
2023-06-17 04:54
Debt limit negotiators race the clock to finalize debt deal as risk of default grows
White House and House GOP negotiators are racing to finalize a deal to raise the nation's debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.
2023-05-27 20:49
US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:23
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:24
White House takes signature law off negotiating table in early spending, debt ceiling talks
The White House is drawing its battle lines.
2023-05-11 18:26
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:29