Politics

Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default

An “agreement in principle” between President Joe Biden and House Speaker Kevin McCarthy would raise the nation’s legal debt ceiling,…

Republicans criticize McCarthy, Biden debt ceiling deal

After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the next challenge…

Debt ceiling deal will be ‘transformational’ for Americans, McCarthy says

House Speaker Kevin McCarthy said Sunday that the tentative deal House Republicans have reached with the White House to address…

Biden, McCarthy reach final deal to prevent default, now must sell to Congress

With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final…

What’s in the debt ceiling deal struck by Biden and McCarthy?

President Joe Biden and Republican House Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the debt ceiling and…

Spain’s conservative PP elbows Socialists out in regional elections

Spain’s ruling Socialists suffered heavy losses to opposition conservatives in Sunday’s local election, with around 95% of the votes counted,…

Russia ramps up Kyiv bombardment; Putin and Zelenskyy congratulate Erdogan on reelection

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Ukrainian capital Kyiv…

Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead

A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States’ $31.4 trillion debt…

Drones hit Moscow buildings; Kyiv attacked by third Russian bombardment in 24 hours

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Drones hit several…

Debt ceiling bill clears key hurdle, teeing up final House vote before it goes to Senate

WASHINGTON — The compromise bill to raise the debt ceiling passed its first major test Tuesday night in the House…