WASHINGTON — The same technology companies that helped drag the U.S. stock market back from the depths of the pandemic recession in 2021 led the market into a sharp plunge on Thursday after Meta Platforms, the company that owns Facebook, revealed that user growth on its marquee product has hit a plateau, and revenue from advertising […]
The U.S. Supreme Court on Wednesday heard oral arguments in what will likely become a landmark abortion rights case. The court’s conservative justices, who have a 6-3 majority, gave hints that they are considering weakening or even overturning a 48-year-old decision that held that women have a constitutional right to abort a pregnancy. In the […]
WASHINGTON — If Congress fails to act, the U.S. government’s authority to continue spending money will expire at midnight on Thursday, forcing more than 1 million federal workers and an untold number of contractors to stop working. Thousands more will be expected to continue working without clarity about precisely when they will be paid. “The stakes […]
The Biden administration and congressional Democrats are facing what may be the most politically fraught moment since they took unified control of Washington in January. Lawmakers are battling to avoid a potential government shutdown and a default on the national debt at the same time that Democratic infighting is endangering two pieces of legislation meant […]