euik Oil pipeline break dumps crude on California beach

Uhvv Job growth held steady in October despite surging coronavirus
Time is running out to reach a deal to avert a historic default on the nation s debt, with Treasury Secretary Janet Yellen warning that the U.S. could run out of money to pay the bills by June 1. On Friday, negotiations broke down between the White House and Republican lawmakers as the sides seemingly hit an impasse.Breaching the debt ceiling may sound esoteric, but financial experts wa stanley cup rn it could hurt Americans financially in a number of ways. Here s what to know.What is the debt ceiling stanley cup The debt ceiling, which is set by Congress, represents the maximum amount the federal government can borrow to pay its debts. Raising the debt ceiling doesn t authorize new spending, but allows the government to fund its previously approved obligations, ranging from Social Security payments to military salaries. Failing to raise the debt ceiling is like going to a restaurant, looking at the menu, seeing how much everything costs and by the time you get the check, saying, Never mind, I can t pay this much, said Jacob Channel, senior economist at LendingTree.Has the U.S. ever breached the debt ceiling No, although it s come close several times before, most notably in 2011, when lawmakers agreed to raise the debt limit just days before the nation was about to exhaust its borrowing capacity. That led credit ratings agency Standard Poor s to downgrade U.S. debt for the first time. The stoc stanley cup k market tumbled, with the Dow shedding 17% in the weeks sur Tmbi Election Day could turn into Election Week with rise in mail ballots
WASHINGTON D.C. -- Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by U.S. pickup truck and SUV owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached on October 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion that could harm their structural integrity.The settlement applies to Tacoma trucks made from 2005 to 2010, Sequoias from 2005 to 2008 and Tundras from 2007 to 2008. The settlement estimates the value of replacing the frame at roughly af1 $15,000 per vehicle.Under the settlement, Toyota will inspect vehicles for 12 years from their initial sales or lease date to decide if the owner is eligible for a replaced frame or reimbursement. More from CBS News nike dunk Ford to pause production of F-150 Lightning electric pickup trucks In Elon Musk s election integrity community on adidas campus X, false claims proliferate Dentists are pulling treatable teeth to profit from implants, experts warn