List of All Articles with Tag 'ceiling'

The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.

By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK Large U.S. companies have been on a bond

President Joe Biden ended the month of May the same way he began it: with a phone call to House Speaker Kevin McCarthy. .

The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.

House Republicans defended their broadening of work requirements for safety net programs in the debt ceiling bill on Wednesday, saying it would help people escape poverty and assist employers looking to hire.

If passed into law, the bipartisan debt ceiling deal will dash any hope borrowers might have that the federal student loan payment pause would be extended for a ninth time.

President Joe Biden and House Speaker Kevin McCarthy finally reached an agreement to avert the United States' first default on its debt — but you may want to hold your applause. There could be an even more dramatic second act to the debt ceiling drama.

Manchin helped secure a provision to approve all remaining permits for the Mountain Valley Pipeline and shield the project from further litigation.

The debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan compromise is causing fireworks for some companies that have emerged as winners.

The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.

By Nell Mackenzie and Harry Robertson LONDON Wall Street was tipped for a strong open on Tuesday, while

President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.