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Reach a deal on the country's debt ceiling, with the us house speaker kevin mccarthy saying on wednesday that negotiators remain far apart. our north america business correspondent michelle fleury has the latest from new york. there is a roughly one in clutch make chance that the us will hit the so—called x—date, when the us government runs out of money to pay its bills, before the dental ministries. that is according toj.p. morgan chase. they say the other any worse. —— debt limit raises. kevin mccarthy said he thought progress could be made but warned the two sides remain far apart. ...

Both leaders expressed optimism entering Monday’s meeting, where they hope to revive stalled talks with a June 1 deadline looming.

Strategists are sounding increasingly worried about potential market fallout from the standoff

The Treasury made a plan to pay bondholders in 2011. It could do the same with Social Security.

US President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the limit on Monday