*PRESIDENT BIDEN TO CUT ASIA TRIP SHORT AS U.S. DEBT CEILING TALKS SHOW PROMISE 🇺🇸🇺🇸
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Biden, McCarthy hopeful on debt ceiling deal, US president cuts Asia trip shortDemocratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesday, as the threat of an economic nightmare prompted Biden to cut short an Asia trip this week.
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Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source By Reuters*MORGAN STANLEY WEIGHS CUTTING 7% OF ASIA INVESTMENT BANK JOBS DUE TO COST-SAVING $MS
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Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of weekThe U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
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McCarthy says still ‘far apart’ on debt-ceiling deal with BidenHouse Speaker Kevin McCarthy on Monday said he’s still “far apart” from President Joe Biden on reaching a deal to raise the U.S. debt ceiling. Reports have...
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McCarthy warns Biden, Congress still ‘far apart’ on debt ceiling negotiations“It seems like they [the White House] want to look like they’re in a meeting,” the speaker added. “They’re not talking anything serious.”
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Biden optimistic about a debt limit deal, but McCarthy says White House isn't being seriousPresident Joe Biden sounds optimistic about the odds of reaching a deal with Republicans to raise or suspend the debt limit.
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