Plus, a round of Half Full/Half Empty.

Financial experts advise investors to not panic, reduce debt and build savings.

There’s optimism from congressional leaders and the White House that we could see a vote on some sort of legislation to raise or suspend the debt limit as early as next week. But the clock is still ticking. We’re getting closer to June 1, the date that the Treasury Department has said could be when the U.S. runs out of money to pay its bills. Ian Bremmer, president of the risk consultancy Eurasia Group, breaks down the political standoff. And, the repercussions of a Supreme Court ruling yesterday that pop artist Andy Warhol violated copyright law in his creation of a silkscreen portrait of the musician Prince. Will it stifle creativity for artists going forward?

You asked. We answered.

The exact amount left from pandemic spending bills could be as little as $30 billion — a fraction of this year’s federal deficit.

Issuing a mega-coin has been proposed as a novel solution to the country’s debt ceiling crisis.

With about three weeks left before the U.S. government runs out of money to pay its dues, Treasury Secretary Janet Yellen is saying at a meeting of G7 finance ministers that the wider global economy is at risk if the White House and Congressional Republicans fail to reach a deal. Plus, Title 42, a key pandemic-era border rule, expires today. We look at how the post-pandemic recovery led to an influx in border crossings. And, new guidelines on mammograms could help women screen out breast cancer earlier, but it also comes with extra costs. 

A union that represents government employees is suing the president and treasury secretary to get them to disregard the debt limit.

So far, Wall Street has largely ignored the debt ceiling fight in Washington. Plus, media companies welcome a potential uptick in ad spending.

Stock markets aren’t upset by the debt limit debate. But that could change as the June 1 default deadline draws closer, analysts say.