Biden signs debt ceiling bill into law, averting default – SUCH TV

[ad_1] US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world’s biggest economy. The Fiscal Responsibility Act of 2023 authorises the government to extend the so-called debt ceiling to renew borrowing, keeping the bills paid. … Read more

Is the debt ceiling bill a win for Republicans?

[ad_1] Is the debt ceiling bill a win for Republicans? – CBS News Watch CBS News Several senators on both sides of the aisle are vowing to vote against the bipartisan debt ceiling agreement. Joel Payne, CBS News political contributor and Democratic strategist, and Michael Ricci, communications director for the pro-Pence “Committed to America” PAC, … Read more

5/27: CBS Saturday Morning

[ad_1] 5/27: CBS Saturday Morning – CBS News Watch CBS News Debt ceiling deadline extended as negotiators work towards deal; The Dish: Why chef Rob Pronk’s Gourmet Cafe is worth the trip Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link

Stock markets close strong as debt ceiling talks move forward

[ad_1] Stock markets close strong as debt ceiling talks move forward – CBS News Watch CBS News The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, … Read more

Oil Prices Rise on Prospects of Debt Ceiling Deal and Supply Conflict

[ad_1] Last Updated: May 26, 2023, 23:44 IST New York, United States of America (USA) Benchmarks had settled more than $2 per barrel lower on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts. (Image: Reuters File) Brent crude was up 39 cents, or 0.5%, at $76.66 … Read more

White House, Republican negotiators clash over spending caps in debt talks

[ad_1] White House, Republican negotiators clash over spending caps in debt talks – CBS News Watch CBS News Despite the ever-shrinking timeline until the U.S. defaults on its debts, House Speaker Kevin McCarthy told reporters Tuesday he still thinks a deal is possible. But he also made clear there’s still work to be done. CBS … Read more

What Republicans, White House are saying about debt ceiling talks pause

[ad_1] What Republicans, White House are saying about debt ceiling talks pause – CBS News Watch CBS News Debt ceiling negotiations remain bumpy with less than two weeks to cut a deal. Republicans accuse the White House of being “unreasonable,” which Biden’s negotiating team disputes. CBS News congressional correspondent Nikole Killion reports. Be the first … Read more