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Biden, GOP reach tentative deal to raise debt ceiling, …

House Speaker Kevin McCarthy of Calif., speaks during a news conference after President Joe Biden and McCarthy reached an "agreement in principle" to resolve the looming debt crisis on Saturday, May 27, 2023, on Capitol Hill in Washington. Rep. Patrick McHenry, R-N.C., a key Republican in the debt limit negotiations and chairman of the House Financial Services Committee, back right, and Rep. Garret Graves, R-La., McCarthy's top mediator in the debt limit talks, left, look on. (AP Photo/Patrick Semansky)

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Biden says debt deal ‘very close’ with default deadline …

Speaker of the House Kevin McCarthy, R-Calif., talks to reporters about the debt limit negotiations as he arrives at the Capitol in Washington, Friday, May 26, 2023. McCarthy says the mediators "made progress" on a deal with the White House to raise the debt limit and cut federal spending, as they race for agreement this weekend. (AP Photo/J. Scott Applewhite)

X marks the spot: Yellen tells Congress US could run out …

FILE - Treasury Secretary Janet Yellen speaks with reporters during a visit to the Virginia Innovation Partnership Corporation incubator at the Center for Innovative Technology campus in Herndon, Va., Oct. 21, 2022. For all of the concern over just when the government might run short of money to pay its bills, it turns out that no one, not even the U.S. treasury secretary, can be absolutely sure exactly when the country faces a potential default — the dreaded X-date. (AP Photo/Cliff Owen, File)

Stock market today: Tech leads more gains on Wall Street

People walk past the New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are opening lower across the board on Wall Street, Tuesday, July 5, and crude oil prices are dropping again. Treasury yields also fell as traders continued to worry about the state of the economy (AP Photo/Julia Nikhinson)

Indiana funeral director pleads guilty to 40 theft counts …

It’s complicated: ‘X-date’ calculations aim to zero in …

FILE - U.S. Treasury Secretary Janet Yellen takes questions from journalists during a press conference, at the G7 meeting of Finance Ministers and Central Bank Governors, at Toki Messe in Niigata, Japan, Thursday, May 11, 2023. (AP Photo/Shuji Kajiyama, Pool, File)

Debt ceiling explained: What to know about the showdown …

The national debt clock is seen in midtown Manhattan, Thursday, May 25, 2023. Both President Joe Biden and House Speaker Kevin McCarthy are speaking hopefully of the likelihood of an agreement to raise the government's debt limit and avert an economically chaotic federal default. (AP Photo/Mary Altaffer)

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Killer whales damage boats in Spanish, Portuguese …

OpenAI boss downplays fears ChatGPT maker could leave …

OpenAI's CEO Sam Altman, the founder of ChatGPT and creator of OpenAI gestures while speaking at University College London, as part of his world tour of speaking engagements in London, Wednesday, May 24, 2023.(AP Photo/Alastair Grant)

Climate protesters face tear gas at oil giant TotalEnergies …

An environmental activist prepares placards before French oil and gas giant TotalEnergies's annual shareholders meeting, Friday, May 26, 2023 in Paris. (AP Photo/Thibault Camus)

Disney opposes DeSantis request to disqualify judge …

A traveler walks past a jumbo screen projecting images of Walt Disney World in the east hall atrium at Orlando International Airport, Thursday, May 25, 2023 in Orlando, Fla. Auto club AAA said this summer could be “one for the record books, especially at airports,” with more than 43 million Americans projected to travel 50 miles or more. (Joe Burbank /Orlando Sentinel via AP)

Credit Suisse owes millions to Georgia’s billionaire …

A measure of inflation that is closely tracked by …

File - Francisco Santana buys groceries at the Walmart Supercenter in North Bergen, N.J. on Thursday, Feb. 9, 2023. On Friday, the Commerce Department issues its April report on consumer spending. (AP Photo/Eduardo Munoz Alvarez, File)

UK’s Treasury chief accepts that recession may be …

FILE - Britain's Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Jan. 18, 2023. Britain's Treasury chief said he would be prepared to see the U.K. economy slip back into recession if further interest rate hikes are necessary to bring down inflation. (AP Photo/ Frank Augstein, File)