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US debt ceiling news: Biden, GOP reach deal; now Congress must approve it to prevent calamitous default

WASHINGTON -- President Joe Biden and House Speaker Kevin McCarthy reached an "agreement in principle" to elevate the country's criminal debt ceiling,...

White House and G.O.P. Strike Debt Limit Deal to Avert Default

President Biden and Speaker Kevin McCarthy on Saturday reached an settlement in idea to elevate the debt restrict for 2 years whilst slicing and...

Possible default threatens foundation of global financial system

Comment in this taleCommentHundreds of banks, hedge budget and funding managers once early June may just start maintaining a couple of day-to-day convention...

Treasury sets new potential debt default deadline of June 5

Treasury Secretary Janet Yellen on Friday issued a new letter to Congress estimating that the federal government may not be in danger of working...

Asian markets mixed as US government debt talks push toward brink of default

On Friday, Asian markets grew to become most commonly upper amid indicators that Congress would possibly succeed in an settlement at the U.S. government...

No debt ceiling deal yet with one week until Treasury’s estimated default deadline

With most effective one week ultimate until the Treasury Department's estimated default deadline, there seems to be no settlement yet at the debt ceiling...

GOP unites in debt ceiling fight as possible June 1 default deadline looms

Comment in this taleCommentDuring a closed assembly Tuesday morning at a GOP hangout a block from the U.S. Capitol, House Speaker Kevin McCarthy...

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