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sg your elected leaders have taken a pause to try to prevent economic catastrophe. a major snag with debt negotiations up against the clock and government set to run out of money to pay its bills putting puttingesq everything at risk. and wobiden is meeting with leaders in japan and president zelenskyy has a big ask. and a new name making the case why donald trump should not be the gop nominee. we'll start with the money lead. talks to avoid. an economic catastrophe in the united states. they have hit a snag. gosh they pressed pause because talks were not productive. and kevin ...

warning over the country's debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. without an agreement to increase what the federal government can borrow, it could run out of money by earlyjune. at that point the federal government might not be able to make wage, welfare and other payments. our north america business correspondent michelle fleury is live in new york for us. we have been here before but once again, a stark warning that if nothing is done, it causes huge repercussions around the world. this is because...

we begin in the us, where the treasury secretary — janet yellen — has sounded a stark warning over the country's debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. speaking to abc, she says that if lawmakers fail to raise that ceiling the us could be left unable to pay its bills by the beginning ofjune. it is congress's job to do this. if they fail to do it, we will have an economic and financial catastrophe that will be of our own making and there is no action that president biden and the us treasury can ta...

business stories. i'm sally bundock. we start here in the uk, and what else but the coronation of his majesty king charles? as we've been hearing, it's been an historic weekend, from the pomp and pageantry and a bit of rain on saturday to a day of street parties and a night of fantastic music to round off the celebrations. all driving some serious weekend spending, predicted by retailers to be worth something in the region of almost £1.8 billion. but as many continue to struggle with the current high cost of living, how long can the spending optimism last? katrina bishop is from con...

propaganda. russia points to the united states and says washington is somehow behind that brazen drone attack on the kremlin. the white house calls this claim bs. >> a there's a word that comes to mind. i would tell you he's lying. it's a ludicrous claim. the united states had nothing to do with this. >> and the special counsel puts the trump organization in his sights. sources telling cnn jack smith's prosecutors are zeroing in on how long time president trump employees handled the evidence. up first for us, major breaking news right here in washington, d.c. a major victory for th...