Debt ceiling talks and the 14th Amendment: What you need to know.

President Biden and House Speaker McCarthy will resume negotiations over the debt ceiling today after talks were paused over the weekend. The G-7 summit concluded with new sanctions on Russia, a call for peace in the Taiwan Strait, and a shared approach toward China. U.S. stocks slipped on Friday due to concerns over delays in a debt ceiling deal. Federal Reserve Chair Powell said interest rates may not have to rise as much as expected. Analysts believe stocks can rise in the second half of the year if economic data meets certain conditions.