Debt ceiling deal exposes Biden and McCarthy's weaknesses with their parties' extremes
President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.
2023-05-30 12:23
Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy
2023-05-30 12:22
The day has arrived for Elizabeth Holmes to report to a Texas prison
Disgraced Theranos CEO Elizabeth Holmes on Tuesday will be moving to her new home —-a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley
2023-05-30 12:20
Bankman-Fried charges should not be tossed, prosecutors say
By Luc Cohen NEW YORK Prosecutors urged a Manhattan federal court judge on Monday to deny a request
2023-05-30 12:19
Biden-McCarthy Debt Limit Deal Puts Government Services on a Diet
The debt-limit deal would rein in spending on some federal government services but barely dents the roughly $20
2023-05-30 12:16
Asian markets mixed as traders await US debt ceiling vote
Asian investors traded nervously Tuesday as they kept an eye on Washington, where lawmakers are expected to vote this week on a deal to hike the US debt...
2023-05-30 10:56
Imran Khan Summoned Over Attacks on Pakistan Military Buildings
Imran Khan has been summoned by Pakistan authorities to face questioning over the outbreak of violence that followed
2023-05-30 10:46
Xi Seeks to Give China’s Education System More Global Influence
Chinese President Xi Jinping called on top officials to increase efforts to build a “high quality” education system
2023-05-30 10:26
Elon Musk Expected to Visit China in First Trip in Three Years
Elon Musk is expected to visit China this week in what would be his first trip to the
2023-05-30 10:24
Qantas Says International Flying Will Be Twice as Lucrative in Post-Covid Era
Qantas Airways Ltd. said international flying will be at least twice as lucrative in the post-Covid era, thanks
2023-05-30 09:51
China Rejects US Claims Over ‘De-Risking’ Not ‘Decoupling’
President Joe Biden and his European allies have repeatedly stressed their desire to “de-risk,” not “decouple,” from the
2023-05-30 09:18
Treasury Bills Climb as Traders Back Congress to Pass Debt Deal
Soon-to-mature Treasury bills rallied as trading resumed after the Memorial Day holiday, following a tentative deal over the
2023-05-30 08:54