House will vote on McCarthy-Biden compromise loan deal, a key test for speaker

House Speaker Kevin McCarthy expressed confidence Tuesday, saying he has the votes to pass a compromise legislation to raise the debt ceiling. Kevin Diesch/Getty Images hide caption toggle caption Kevin Diesch/Getty Images House Speaker Kevin McCarthy expressed confidence Tuesday, saying he has the votes to pass a compromise legislation to raise the debt ceiling. Kevin … Read more

CBO says debt ceiling deal would cut deficit by $1.5 trillion over next decade

House Speaker Kevin McCarthy speaks to members of the media at the US Capitol on May 24, 2023 in Washington, DC. The House is set to vote on a debt deal on Wednesday. Kevin Diesch/Getty Images hide caption toggle caption Kevin Diesch/Getty Images House Speaker Kevin McCarthy speaks to members of the media at the … Read more

Debt ceiling deal freezes unspent Covid relief funds

President Biden speaks during a meeting about the US rescue plan on March 5, 2021 in Washington, DC Some pandemic funding allocated in legislation like the US rescue plan is being withdrawn as part of a budget deal. Samuel Corum/Getty Images hide caption toggle caption Samuel Corum/Getty Images President Biden speaks during a meeting about … Read more

Full House expected to vote today on Biden and McCarthy’s debt ceiling deal – LIVE

US debt ceiling clears major hurdle in House Sign up for the daily Inside Washington email for exclusive US coverage and analysis delivered to your inbox Receive our free Inside Washington email The bipartisan agreement to raise the $31.4trn US debt ceiling forged by President Joe Biden and House Speaker Kevin McCarthy is set for … Read more

UK’s first post-Brexit trade deal with Australia and New Zealand is now done

Sign up for our breaking news email to get free real time breaking news alerts sent straight to your inbox. Sign up for our free Latest News email The UK’s trade deals with Australia and New Zealand came into force at midnight, with special shipments of British goods such as signed Beano comics among the … Read more

Far-right members threaten ‘calculation’ on McCarthy’s debt ceiling deal

Representative Chip Roy, R-Texas, speaks during a House Freedom Caucus news conference to oppose the debt limit deal outside the US Capitol on May 30, 2023. Bill Clark/CQ-Roll Call, Inc. via Getty Images hide caption toggle caption Bill Clark/CQ-Roll Call, Inc. via Getty Images Representative Chip Roy, R-Texas, speaks during a House Freedom Caucus news … Read more

A landmark appeals court ruling clears the way for Purdue Pharma-Sackler bankruptcy deal

Purdue Pharma headquarters in Stamford, Connecticut. Drew Anger/Getty Images hide caption toggle caption Drew Anger/Getty Images Purdue Pharma headquarters in Stamford, Connecticut. Drew Anger/Getty Images In a landmark ruling Tuesday, a federal appeals court in New York cleared the way for a bankruptcy deal for the opioid maker Purdue Pharma. The deal would shield members … Read more

Crucial days ahead as debt ceiling deal goes to vote and Biden calls on lawmakers for support

Sign up for the daily Inside Washington email for exclusive US coverage and analysis delivered to your inbox Receive our free Inside Washington email President Joe Biden says he “feels good” about talks with House Speaker Kevin McCarthy about a debt ceiling and budget deal as the White House and Congressional leaders fight to raise … Read more

Benzema receives €200 million deal at new club, set to leave Real Madrid

Real Madrid striker, Karim Benzema, could be on his way to Saudi club side Al-Ittihad. The France international is close to joining Al-Ittihad and it comes after Rudy Galetti previously reported the SPL champions’ interest in the Frenchman. The Frenchman is said to have turned down the initial offer and now the Tigers have reportedly … Read more

Babangida says Tinubu has the skills to deal with economic challenges

Former Head of State, General Ibrahim Badamasi Babangida has urged newly-elected President Bola Ahmed Tinubu to use his skills to address Nigeria’s economic challenges at the earliest. Babangida said this during an interview on Arise TV on Monday, where he also congratulated the President, Tinubu and Vice President Kashim Shettima. IBB also told […] The … Read more