Senate passes debt ceiling invoice, sends to Biden

Senate Majority Chief Charles Schumer, D-N.Y., conducts a information convention after the senate luncheons within the U.S. Capitol on Tuesday, Might 2, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Pictures WASHINGTON — The Senate handed a Home-approved invoice late Thursday to boost the debt ceiling and cap authorities spending for 2 years, sending … Read more

Inventory Markets: Subsequent cease, Congress

U.S. President Joe Biden and Home Speaker Kevin McCarthy might need reached a deal Sunday to lift the U.S. $31.4 trillion debt ceiling, however a handful of hard-right Republican lawmakers mentioned on Monday they might oppose the deal, in an indication that the bipartisan settlement might face a rocky path by way of Congress earlier … Read more

World demand for streaming Asian motion pictures, TV grows

Scene from “Squid Sport” by Netflix Supply: Netflix The recognition of Netflix’s hit drama “Squid Sport” and different Korean sequence, in addition to the current success of movies like “Minari” and “Every thing In every single place All At As soon as,” has helped increase the demand for Asian language motion pictures and TV reveals … Read more

Tech shares are again, pushed by A.I. craze, slowing price hikes

Jen-Hsun Huang, president and chief govt officer of Nvidia Corp., speaks through the firm’s occasion at Cellular World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Photos Neglect concerning the debt ceiling. Tech buyers are in purchase mode. The Nasdaq Composite closed out its … Read more

New X date is June 5, Treasury says

WASHINGTON — Treasury Secretary Janet Yellen mentioned Friday that the US will possible have sufficient reserves to push off a possible debt default till June 5. “We now estimate that Treasury may have inadequate sources to fulfill the federal government’s obligations if Congress has not raised or suspended the debt restrict by June 5,” Yellen … 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

Debt ceiling negotiations updates between Joe Biden, Kevin McCarthy

WASHINGTON — Home Speaker Kevin McCarthy mentioned negotiations with the White Home over elevating the U.S. debt restrict Wednesday have been nonetheless hung up over a disagreement on future spending, indicating that the 2 sides have been far aside with solely eight days earlier than the federal government might face an unprecedented default. A tangible … Read more

China’s new U.S. ambassador arrives to ‘safeguard’ Beijing’s pursuits

Xie Feng, China’s new ambassador to the U.S., addresses the media as he arrives at JFK airport in New York Metropolis, Might 23, 2023. Brendan McDermid | Reuters China’s new ambassador to the U.S. arrived in New York Tuesday with a name to “safeguard the pursuits of China,” in keeping with a launch from the … Read more

G-7 leaders agree on strategy to ‘de-risk’ from China

Chinese language President Xi Jinping and palms with then U.S Vice President Joe Biden contained in the Nice Corridor of the Individuals on December 4, 2013 in Beijing, China. Lintao Zhang | Getty Photos Information | Getty Photos Leaders of the Group of Seven agreed there is a must de-risk, not decouple from China, and … Read more

G-7 to announce Russia sanctions; Zelenskyy anticipated to fly to Japan

The Group of Seven summit can be held in Hiroshima, Japan, from Might 19-22. Pool | Getty Photos Information | Getty Photos Leaders of the Group of Seven are anticipated to introduce on a set of measures so as to add stress on Russia as its invasion of Ukraine continues for a second 12 months. … Read more