Janet Yellen tells Congress that U.S. could hit debt limit in mid-January

Treasury Secretary Janet Yellen said in a letter sent to congressional leaders Friday afternoon that her agency will need to start taking “extraordinary measures” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling as early as Jan. 14. “Treasury expects to hit the statutory debt ceiling between January 14 and

Trump opposes TikTok ban, asks Supreme Court for time to resolve via negotiations

Washington — Lawyers for TikTok urged the Supreme Court on Friday to find unconstitutional a new law that could lead to a ban of the widely popular app in the United States, arguing that shuttering TikTok will silence not only its speech, but also that of the platform’s more than 170 million American users. President-elect

US Expands Cyber Countermeasures as List of China Telecom Hack Victims Grows

Senior national security official said the United States looks to ‘lock down’ telecom infrastructure with stricter cybersecurity rules. The White House has identified a ninth U.S. telecom network that Chinese state hackers have compromised in a sweeping intrusion, a senior official said on Dec. 27, as authorities take steps to prevent similar cases of cyberespionage