As Democrats and Republicans debate raising the debt ceiling, they both agree that a default would be disastrous for the economy. But how? WSJ explains why U.S. debt has become the center of the economy.
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.The Arab League voted Sunday to readmit Syria to the regional bloc after 12 years of isolation. WSJ’s Benoit Faucon explains how Syrian President Bashar Al-Assad rebuilt ties despite being condemned for waging a war against his own people.
Photo composite: Eve HartleyOnce promising satellite-launch startup Virgin Orbit filed for bankruptcy in April after launch issues and a changing satellite market caught up with it. WSJ explains what led to the Virgin Galactic spinoff’s collapse.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Republicans dominate Democrats in DC's top golfer listRepublicans have more than three times the representation of Democrats in the latest rankings of best golfers in Washington, D.C.
Read more »
316 pages of debt ceiling legislation proposed by Republicans, zero from DemocratsTreasury Secretary Janet Yellen’s announcement that the U.S. government could run out of money by early June starts the next phase of the debt ceiling dance.
Read more »
Congress eyes new rules for tech: What’s under considerationIt’s one of the few major policy issues where Republicans and Democrats generally align.
Read more »
WSJ News Exclusive | U.S. Think Tank Reports Prompted Beijing to Put a Lid on Chinese DataA campaign to restrict overseas access to China-based data sources was partly triggered by U.S. think tank reports on sensitive Chinese practices that alarmed Beijing.
Read more »
WSJ News Exclusive | U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest ChipsChinese companies racing to catch up with American AI leaders get creative as U.S. sanctions cut them off from the most advanced chips.
Read more »