US single-family housing starts rebound; tariffs an obstacle U.S. single-family homebuilding rebounded in November as the drag from hurricanes faded, but the threat of tariffs on imported goods and potential labor shortages from mass deportations of immigrants ... 12/18/2024 - 5:37 am | View Link
Treasury Secretary Janet Yellen speaks to reporters during her trip to China. Pedro Pardo/AFP/Getty ImagesTreasury Secretary Janet Yellen wrote a letter to House Speaker Mike Johnson Friday. In it, she warned that the US would breach its debt limit as soon as January 14 unless Congress acted. The Treasury Department will begin taking "extraordinary measures" to avoid defaulting on debt.