Something else is breaking in markets

A trader works on the floor of the New York Stock Exchange during opening bell in New York City on August 21, 2023.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

House ousts Kevin McCarthy as speaker, a first in U.S. history

House Speaker Kevin McCarthy, a Republican from California, speaks to members of the media at the U.S. Capitol in Washington, D.C., Oct. 3, 2023. Nathan Howard | Bloomberg | Getty Images WASHINGTON — The House of Representatives on Tuesday ousted Republican Kevin McCarthy as speaker, the first time in history that the chamber has dethroned its leader … Read more

Congress wonders if Biden, McCarthy struck Ukraine funding deal

U.S. Rep. Matt Gaetz, R-Fla., speaks with reporters as he departs after a series of failed votes on spending packages at the U.S. Capitol in Washington ahead of a looming government shutdown, Sept. 29, 2023. Jonathan Ernst | Reuters WASHINGTON — Congress and the rest of Washington buzzed Monday over the question of whether President … Read more

Biden says debt ceiling invoice avoids catastrophic financial default

U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Finances Settlement, within the Oval Workplace of the White Home in Washington, D.C., June 2, 2023. Pool | By way of Reuters WASHINGTON — President Joe Biden on Friday night gave his first handle from the Oval Workplace to debate a invoice to … Read more

Debt ceiling negotiations intensify between Biden, Republicans

Rep. Garret Graves, R-La., left, and Rep. Patrick McHenry, R-N.C., converse to reporters about debt ceiling negotiations as they go away the Home Republicans’ caucus assembly on the Capitol Hill Membership in Washington, Might 23, 2023. Invoice Clark | Cq-roll Name, Inc. | Getty Photos WASHINGTON — Pressing talks to boost the U.S. debt ceiling … Read more

Joe Biden, Kevin McCarthy meet

Speaker of the Home Kevin McCarthy, R-Calif., addresses the media after a gathering with with President Joe Biden on the debt ceiling on the White Home on Tuesday, Might 16, 2023. Tom Williams | CQ-Roll Name, Inc. | Getty Pictures WASHINGTON — Home Speaker Kevin McCarthy mentioned Monday that “selections need to be made” at … Read more