Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.
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.
2023-05-30 21:23
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:56
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON The central pillar of any debt-ceiling agreement between President Joe Biden
2023-05-24 21:57
Biden and McCarthy aides hunt for bipartisan debt ceiling deal
By Jarrett Renshaw White House and congressional Republican negotiators will meet again on Tuesday to resolve a months-long
2023-05-23 18:27
Ukraine war: Wagner chief vows to hand Bakhmut to Russian army by June
The chief of the mercenary group made the claim but Ukraine says it still controls parts of the city.
2023-05-22 18:51
NATO's Stoltenberg expects new 2% defence investment pledge at Vilnius summit
By Sergio Goncalves and David Latona LISBON (Reuters) -NATO Secretary General Jens Stoltenberg on Thursday said he expected members to
2023-05-19 01:30
Analysis-Overexposed US regional banks could sell commercial property loans
By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at
2023-05-18 13:29
Russia denies advances by Ukrainian forces along front line
Pro-Russian sources say Ukrainian soldiers have made advances on the front line in east Ukraine.
2023-05-12 06:49
Ukraine war: Zelensky says Ukraine needs more time for offensive
Ukraine's president says in an interview his country would "lose a lot of people" if it attacks now.
2023-05-11 15:24
What is Title 42, why is it ending and what's happening now at the border?
Title 42, the Trump-era pandemic public health restrictions that became a key tool officials used to turn back migrants at the US-Mexico border, is set to expire on May 11. Here's a look at some of the key questions and answers about the policy.
2023-05-09 20:27