Don't expect markets to rejoice if a deal is reached on the debt ceiling
Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can't always get what they want.
2023-05-25 00:17
Major differences remain over spending cuts and other key issues as debt limit deadline looms
Negotiations are continuing to unfold in an attempt to reach a debt limit deal, but major differences between House Republicans and the White House have yet to be bridged, and the pressure is only intensifying as the risk of default grows ever more real with each day.
2023-05-24 23:52
Why this Washington debt limit showdown is different
Investors and the public have been content to largely brush off the slow-motion Washington march toward a self-imposed economic catastrophe.
2023-05-24 23:47
Target removing some Pride merchandise after anti-LGBTQ threats against staff
Target on Wednesday said it was removing some products that celebrate Pride Month after the company and its employes became the focus of a "volatile" anti-LGBTQ campaign.
2023-05-24 23:24
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:56
What is permitting reform? The critical energy provision buried in debt-ceiling negotiations
Energy permitting reform, which aims to cut down the time it takes for new projects to get approved, could be one of the few bipartisan measures to emerge from a debt limit deal.
2023-05-24 22:17
White House, Republicans plan to convene on US debt ceiling as deadline looms
By Moira Warburton, Nandita Bose and Gram Slattery WASHINGTON Negotiators for Democratic President Joe Biden and Republican Speaker
2023-05-24 19:26
Target removes some LGBTQ products after threats
The company says the move is to protect its employees amid "confrontational behaviour" in some stores.
2023-05-24 11:30
'Huge backlash': Parties ramp up pressure on Biden and McCarthy to hold the line in debt talks
Last week, the Congressional Progressive Caucus posed a formal ask to its members: were there any proposals they could accept included in the list of GOP demands in exchange for raising the debt ceiling?
2023-05-24 05:51
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:26
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON What could happen on Main Street if Washington's political showdown over the debt ceiling
2023-05-24 05:20
McCarthy tells Republicans he's 'nowhere near' a debt limit deal with Biden as deadline nears
House Speaker Kevin McCarthy told Republicans during a closed-door meeting on Tuesday that he's not close to a bipartisan deal with President Joe Biden to avoid a first-ever default on the nation's debt.
2023-05-24 04:18