Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package
2023-06-02 17:30
Taiwan’s DPP Apologizes in #MeToo Case as Tsai Backs Probe
Officials from Taiwan’s ruling Democratic Progressive Party publicly bowed and apologized Friday for the handling of a series
2023-06-02 17:19
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:56
Debt ceiling news - live: Senate passes debt limit deal bill sending it to White House for Biden signature
The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?
2023-06-02 16:18
UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:57
Elon Musk accused of manipulating Dogecoin price in $258 billion lawsuit
Remember when Elon Musk changed Twitter's logo to Doge, the shiba inu dog mascot of
2023-06-02 15:46
How Turkey's president Erdogan has maintained a tight grip on power in the country
Turkish President Recep Tayyip Erdogan takes the oath of office and starts his third presidential term Saturday following his latest election win
2023-06-02 15:31
Pet Drug Maker Strikes £4.5 Billion Buyout Deal: The London Rush
It was only in November last year when Dechra Pharmaceuticals, the pet medicine maker, was a member of
2023-06-02 15:25
Brad Pitt claims ex-wife Angelina Jolie 'kept him in dark' about French winery's 'secret' sale in amended lawsuit
Brad Pitt filed an amended complaint against ex-wife Angelina Jolie claiming that he was kept in the dark regarding Chateau Miraval's sale
2023-06-02 14:56
California, New York pensions vote against Toyota chairman
By David Dolan and Daniel Leussink TOKYO Two of the largest U.S. public pension systems have voted against
2023-06-02 14:54
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:51
JPMorgan's Dimon visits Taiwan to meet staff, clients -source
(Reuters) -Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co, is visiting Taiwan on Friday, a source
2023-06-02 14:45