Politics

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…

Sen. Tim Scott pushes bill that would require disclosure of apps’ country of origin

WASHINGTON — Sen. Tim Scott, R-S.C., is pushing for more transparency from social media applications amid privacy concerns about China-based…

Drones attack Russian oil refineries; Germany closes Russian consulates in retaliatory move

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

Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy

JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington and Beijing, as…