Source: Chicago, federal government draft police reform deal

White House’s Debt Ceiling Battle Could Trigger a Shutdown — and a Recession

White House's Debt Ceiling Battle Could Trigger a Shutdown — and a Recession

At a time when worldwide confidence in the U.S. has already been badly shaken by President Trump's go-it-alone, “America First” approach to trade, NATO and climate change, a White House riven by dissension is generating yet another controversy -- this time over whether the U.S. will honor its debt. The U.S. could exhaust its legal borrowing authority of nearly $20 trillion this summer and will need congressional approval to raise the debt ceiling to avert the first-ever default on U.S. borrowing. The problem is that the Treasury is burning through its cash reserves at a faster clip than previously anticipated while the flow of tax revenue has fallen off.


...Read the rest of this story

Apple set to expand Siri, taking different route from Amazon’s Alexa

Apple Inc is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc's competing Alexa service. Some industry-watchers have also predicted Apple will announce hardware similar to Amazon's Echo device for the home, which has been a hot-seller recently. Apple declined comment.


...Read the rest of this story