US stocks close higher on optimism of debt ceiling deal – Times of India

[ad_1] NEW YORK: All three major US stock indexes closed the day higher Friday amid optimism that a deal to avert a potentially catastrophic US debt default was close at hand.Democrats and Republicans inched towards a deal Friday, with just days to go before the treasury department warned the United States could run out of … Read more

Wall Street, European Shares Rally on Progress in US Debt Ceiling Deal

[ad_1] Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be closing in on an … 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

Joe Biden, Kevin McCarthy meeting ends with no deal on US debt ceiling – Times of India

[ad_1] WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the US government’s $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the US economy, but vowed to keep talking.The Democratic president and the top congressional Republican have struggled … 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

Where can Democrats, Republicans compromise on debt ceiling?

[ad_1] Where can Democrats, Republicans compromise on debt ceiling? – CBS News Watch CBS News President Biden hosted top congressional leaders at the White House Tuesday afternoon to discuss the debt ceiling standoff. Mark Zandi, chief economist for Moody’s Analytics, joins with a look at where talks could go in the coming weeks. Be the … Read more

What to expect in next week’s White House debt ceiling talks

[ad_1] What to expect in next week’s White House debt ceiling talks – CBS News Watch CBS News Congressional leaders are expected to meet with President Biden next week to discuss the debt ceiling as the national default deadline quickly approaches. CBS News congressional correspondent Nikole Killion joins “Weekender” with a look ahead. Be the … Read more

China military rehearses ‘encircling’ Taiwan after US Speaker visit | CNN

[ad_1] Taipei CNN  —  China has started three days of military exercises around Taiwan after the island’s president met the US House Speaker in defiance of repeated threats by Beijing. The exercises, dubbed “United Sharp Sword,” have been denounced by Taiwan. China sees Taiwan as its own territory and has not ruled out using force … Read more

China begins three days of military drills in Taiwan Strait – SUCH TV

[ad_1] China has begun three days of military exercises around Taiwan amid anger in Beijing over Taiwan President Tsai Ing-wen’s meeting in California with the Speaker of the United States House of Representatives Kevin McCarthy. China, which claims Taiwan as its own and has not ruled out the use of force to achieve its aims, … Read more