US Senate races ahead of House on spending bills, aims to avoid gov’t shutdown
WASHINGTON, Sept 5 (Reuters) – Top Democrats in the U.S. Senate will look to gain the upper hand over House Republicans in talks over government...
US Congress averts historic default, approves debt-limit suspension
WASHINGTON, June 1 (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion debt...
Democratic senators urge Biden to use 14th Amendment to avoid debt default
[1/6] U.S. Senator Bernie Sanders, joined by Senators Jeff Merkley (D-OR), Edward Markey (D-MA), John Fetterman (D-PA), and Peter Welch (D-VT), speaks at a press...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
U.S. Senate passes record $858 billion defense act, sending bill to Biden
WASHINGTON, Dec 15 (Reuters) – The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than...
U.S. equity funds register biggest weekly outflow in about 1-1/2 years
Dec 9 (Reuters) – U.S. equity funds posted enormous outflows in the week to December 7 as investors fretted over the Federal Reserve’s rate hikes,...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
U.S. may need 7.5% unemployment to curb inflation -research
People line up outside Kentucky Career Center prior to its opening to find assistance with their unemployment claims in Frankfort, Kentucky, U.S. June 18, 2020....