US financial news live updates: Social Security checks, new Twitter CEO, debt default, jobless claims

May 14, 2023
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Headlines: Sunday, 14 May 2023

- Failure to raise debt ceiling could jeopardize Social Security payments

- Linda Yaccarino selected by Elon Musk as Twitter's next CEO

- A look back at Elon Musk's time as Twitter CEO

- Donald Trump argues that Republicans should force Democrats to cut $5 trillion in federal spending in CNN Townhall

- Prices for summer travel are likely to be lower this year compared to last

- Inflation rose 0.4 percent in April, leading to a year-over-year increase of 4.9 percent

- Negotiations continue in Washington DC over raising the debt ceiling

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Source: AS USA