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Senior Treasury officials reiterate dire warnings if debt ceiling isn’t lifted, pour cold water on invoking the 14th Amendment

By Sam Fossum Ahead of a highly anticipated meeting between President Joe Biden and Congressional leaders on Tuesday, senior Treasury officials reiterated dire warnings of economic “chaos” and “catastrophe” if the US doesn’t raise the debt ceiling as the country barrels toward default in early June. “I know he wants to set up a process

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‘The federal government is not doing their job,’ NTSB chair says about automated driving tech

By Peter Valdes-Dapena, CNN Business National Transportation Safety Board chair Jennifer Homendy sharply criticized federal regulators Thursday for not doing enough to monitor and test automatic driving technologies. She spoke at an event marking the opening of a Consumer Reports facility that will test increasingly common systems and features such as automatic braking, lane-departure technology

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