The debt ceiling deal brokered by Speaker Kevin McCarthy and President Joe Biden sailed through the Senate with bipartisan support on Thursday night. Summary The debt ceiling deal brokered by Speaker Kevin McCarthy and President Joe Biden sailed through the Senate with bipartisan support on Thursday night. The deal’s passage will avert the prospect of a federal default and the bill now heads to Biden’s desk. The Senate voted 63-36 to pass the bill, with 46 Democrats and 17 Republicans …
Category: Economy
President Joe Biden and Speaker Kevin McCarthy reached an agreement on Saturday to raise the debt ceiling after days of negotiations. Summary President Joe Biden and Speaker Kevin McCarthy reached an agreement on Saturday to raise …
President Joe Biden and House Speaker Kevin McCarthy will meet at the White House on Monday to negotiate a deal to raise the debt ceiling. Summary President Joe Biden and House Speaker Kevin McCarthy will meet …
President Joe Biden sought to reassure markets in a Monday address after the historic failures of Silicon Valley Bank (SVB) and Signature Bank rattled the global financial system. Summary President Joe Biden sought to reassure markets …
U.S. regulators shut down Silicon Valley Bank on Friday after a bank run led to its failure, marking the largest bank collapse since the 2008 financial crisis. Summary U.S. regulators shut down Silicon Valley Bank on …
Global elites, business leaders, and politicians from all over the world converged on Davos, Switzerland this week for the annual World Economic Forum conference. Summary Global elites, business leaders, and politicians from all over the world …
A computer breakdown brought American airliners to a screeching halt on Wednesday forcing a nationwide stoppage imposed by the FAA in the latest blow to the U.S. transportation system. Summary A computer breakdown brought American airliners …