The clock has been ticking on the next potential fiscal crisis for the U.S. Government. The nation’s debt ceiling could be reached as soon as next week, and the government might not have the ...
The White House and House Speaker Kevin McCarthy are both pushing lawmakers to pass the debt ceiling deal which was reached over the weekend. The House Rules Committee will vote Tuesday on whether ...
US President Joe Biden and Republican leader Kevin McCarthy have called their latest talks on the debt ceiling productive but no deal has yet been reached. Any agreement will have to pass through ...
Shares inched higher in London on Thursday, and the pound made gains against the dollar, after US lawmakers in the House of representatives passed a new bill on the country’s debt ceiling.
A deal on the debt ceiling is coming into focus in Washington, and you can practically hear market participants breathing a deep sigh of relief. Speaker Kevin McCarthy issued his most optimistic ...
This browser does not support the Video element. Work requirements for federal aid programs emerged as a key sticking point in negotiations between President Joe Biden and Republican House Speaker ...
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House Speaker Kevin McCarthy of Calif., speaks during a news conference after President Joe Biden and McCarthy reached an "agreement in principle" to resolve the looming debt crisis on Saturday ...
The prospect that the U.S. might default is holding back stocks, and a deal that avoids big spending cuts could free the markets from their months-long slumber. U.S. stocks remain stuck in one of ...
The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down ...