By Richard Cowan WASHINGTON (Reuters) – Democratic President Joe Biden and top congressional Republican Kevin McCarthy struck a deal on Saturday to suspend the federal government’s $31.4 trillion limit on…
DAVID BOSSIE: Republicans’ Common-Sense Demands Are Winning The Debt Ceiling Debate David Bossie on May 27, 2023 Republicans are winning the debt ceiling fight for two main reasons. First, the…
(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat for current fiscal year and 2024, a source familiar with…
Biden Will Not Invoke 14th Amendment On Debt Ceiling, Official Says Arjun Singh on May 26, 2023 President Joe Biden will not invoke the 14th Amendment to the Constitution to…
By David Randall NEW YORK (Reuters) – A last-minute deal to raise the U.S. $31.4 trillion debt ceiling will likely shift Wall Street’s attention to other emerging risks, including further…
By Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal to lift the debt ceiling that would trim some U.S.…
‘Outrageous’: Freedom Caucus Demands McCarthy Hold The Line On Debt Ceiling Talks Arjun Singh on May 25, 2023 Members of the conservative House Freedom Caucus are urging Speaker Kevin McCarthy…
(Reuters) – U.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase…
(Reuters) – The cost of insuring exposure to U.S. government debt dropped on Friday as U.S. President Joe Biden and top congressional Republican Kevin McCarthy were closing in on a…
WASHINGTON (Reuters) – U.S. President Joe Biden said he has had several productive conversations with House Speaker Kevin McCarthy in their standoff over the federal government’s debt ceiling, adding that…
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday he spoke briefly with former President Donald Trump about the debt ceiling negotiations in recent days,…
WASHINGTON (Reuters) – Negotiators’ continuing failure to reach an agreement to lift the U.S. debt ceiling forced the House of Representatives’ new China committee to postpone a planned trip to…
AOC Demands McCarthy Surrender On Debt Ceiling Talks Harold Hutchison on May 24, 2023 Democratic Rep. Alexandria Ocasio-Cortez demanded Wednesday that House Speaker Kevin McCarthy should “concede” in negotiations over…
WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday it is asking other federal agencies for greater clarity and communication on the payments they expect to make and receive in…
LONDON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not have to wait until the 11th hour for a solution…
By Lewis Krauskopf NEW YORK (Reuters) – Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about potential market fallout from the standoff over raising the U.S.…
A look at the day ahead in European and global markets from Kevin Buckland You didn’t think it would be that easy, did you? Investors are on edge after equities…
By David Randall NEW YORK (Reuters) – A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks…
Freedom Caucus Calls For ‘No Further Discussion’ On Debt Ceiling As More Dems Urge Biden To Invoke 14th Amendment Arjun Singh on May 18, 2023 The House Freedom Caucus has…
WASHINGTON (Reuters) – U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy, the top Republican in Washington, hope to finalize a deal on the debt ceiling after Biden…
A look at the day ahead in U.S. and global markets from Naomi Rovnick Risk appetite has perked up on global markets thanks to optimism that U.S. Democrats and Republicans…
ALFREDO ORTIZ: America Needs A Debt Ceiling Deal That Actually Does Something About Reckless Spending Alfredo Ortiz on May 17, 2023 After months of intransigence, President Joe Biden finally seems…
WASHINGTON (Reuters) – House Speaker Kevin McCarthy said on Wednesday that a deal to raise the U.S. debt ceiling limit was “do-able” by Sunday, the day President Joe Biden said…
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours…
Left-Wing Dems Bristle As Biden Mulls Welfare Work Requirements In Debt Ceiling Deal Arjun Singh on May 16, 2023 Left-wing Democratic lawmakers in Congress are criticizing President Joe Biden for…