Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:25
Here's the real reason Target's stock is dropping
If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target's stock price falling. It's not because of recent LGBTQ backlash, though.
2023-06-02 23:25
Analysis-Despite chaos and risk, Washington sticks with its debt ceiling
By Andy Sullivan WASHINGTON The latest standoff over the U.S. debt ceiling, resolved just days before the government
2023-06-02 20:23
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:58
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:23
US food aid could shrink under debt ceiling deal, hunger groups warn
By Leah Douglas WASHINGTON Changes to the largest U.S. food aid program in the debt deal passed by
2023-06-02 18:17
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:17
Top Democrats say Biden should make this year's 'craziness' the last debt limit fight ever
Even as Joe Biden appears to have pushed off reaching the next debt limit until 2025, top Democrats on Capitol Hill say what he really needs to do is what he should have done last fall: Come out in favor of a drastic change to strip Congress of this power forever.
2023-06-02 03:21
US Senate will stay in session until debt ceiling bill passed -Schumer
By Richard Cowan, David Morgan and Moira Warburton WASHINGTON (Reuters) -The U.S. Senate will stay in session until it passes
2023-06-02 02:25
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:26
Senate races to avert default but vote timing unclear for debt limit bill
Senators are racing the clock to pass a bill to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.
2023-06-01 18:27
Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
By David Lawder WASHINGTON U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay
2023-06-01 18:26