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us treasury secretary janet has again sent a letter to congress warning the treasury would be unable to satisfy its obligations as early as 1june. presidentjoe biden will meet top lawmakers including republican house of representatives speaker kevin mccarthy at 3p able a good time on tuesday. of course that meeting was postponed from last friday. samira hussain has more from new york. in less than two weeks the united states could fail to meet its debt obligations. if lawmakers in washington cannot come to some sort of agreement. the republicans have continued to demand cuts to socia...

time now to focus on the top business stories. i'm sally bundock and we begin here in the uk where labour shortages and the rising cost of living have crippled the food sector with issues ranging from livestock stranded on farms, worker shortages at abattoirs and crops left to rot in fields with no one to harvest them. the prime minister, rishi sunak, is holding a food summit for crisis talks with farming and supermarket bosses to discuss how inflation is impacting food production. the nationalfarmers�* union has reported a ao—year low in domestic salad production, while egg prod...

forecast that second—quarter revenue would be above market expectations. this confirms the view that digital advertisers are betting on well—established platforms such as facebook and instagram in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost—cutting campaign that has so far resulted in 150,000 lay—offs across the sector. earlier i spoke to the founder of the tech advisory firm constellation research and it told me that meta has managed told me that meta has managed to keep eyeballs on its platforms and adv...

this confirms the view that digital advertisers are betting on well—established platforms, such as facebook and instagram, in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost—cutting campaign that has so far resulted in 150,000 lay—offs across the sector. earlier i spoke with ray wang, the founder of the tech advisory firm constellation research and he told me that meta has managed to keep eyeballs on its platforms and advertisers know that. yeah, they showed the digital ad winter is thawing and that is a really...

we start in the us, where the white house has denied starting a "subsidy war" following criticism of its massive support for green investments. president biden�*s administration is spending billions to help electric carfirms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it's worried britain can't "compete on a level playing field" and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british industry is facing a new dilemma and deciding where to i...