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The Latest Breaking News on Dow Jones Gains Despite Johnson Debt-Plan Hurdles; Cathie Wood Buys This Stock Amid 22% Plunge

Democrats look set to back 11th hour debt ceiling deal – while GOP right-wingers threaten to blow it up

Deal aims to avoid disastrous default

The Independent UK

The debt ceiling deal isn’t perfect but it’s the only one – and it must pass

What happens from here depends on how many members of the House prefer governing to chaos

The Guardian - US

Debt ceiling deal slammed as "cruel"

"Hungry people are set to lose food while tax cheats get a free pass"

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Democrats and Republicans agree to raise US debt ceiling

Joe Biden says agreement is ‘a compromise’ but hails it as ‘good news for the American people’

Evening Standard

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

President Joe Biden and House Speaker Kevin McCarthy have reached an “agreement in principle” to resolve the looming debt crisis

The Independent UK

What's next on the debt ceiling: Selling the plan, and making a deal into a law

After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have announced an “agreement in principle” to raise the nation’s debt ceiling and avoid a potentially catastrophic default

The Independent UK

Biden, McCarthy reach tentative deal to raise US debt ceiling

Deal raises debt limit for two years while capping spending, but uncertainty remains on whether it can pass Congress.

Al Jazeera

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Biden cuts deal in principle with Republicans to avert catastrophic US default

WASHINGTON - US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare.

Bangkok Post

Biden, McCarthy reach tentative US debt ceiling deal

U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling on Saturday evening, ending a months-long stalemate.

Reuters

Tentative deal struck to raise US debt limit and avert default crisis

Biden and top Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $US31.4 trillion debt ceiling

The New Daily

Joe Biden and Kevin McCarthy reach 'agreement in principle' on US debt ceiling

US House Speaker Kevin McCarthy and President Joe Biden race to strike a deal to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline.

ABC News

Debt ceiling deal reached between Biden and McCarthy

Tentative deal will avert a worldwide financial catastrophe

The Independent UK

Biden and McCarthy reach ‘in principle’ deal to raise debt ceiling days before US default

Agreement will reportedly raise debt limit for two years, but deal still needs approval from a divided US congress

The Guardian - US

Bipartisan deal reached to raise debt limit, cap appropriations - Roll Call

The White House and top Republicans reached an agreement in principle to raise the debt ceiling and set caps on discretionary spending.

Roll Call

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Wales Online

Biden confident global economic disaster can be avoided over next few days

US government’s debt ceiling crisis 'very close' to being resolved

Axios

Sen. Kyrsten Sinema enters debt ceiling talks to try to resolve split on energy permitting

Her late entrance signals that negotiators are exploring new ways to solve thorny issues.

Fortune

Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage'

"If the future is what you care about, then doing things that hurt the future doesn't make sense.”

The Independent UK

Biden says debt deal 'very close' even as two sides far apart on work requirements

Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden says a deal is “very close.”

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The New Daily

Four-day reprieve before US is officially bankrupt

Democrat and Republican negotiators have gained a few more days to reach a deal to raise the US government's $31.4 trillion debt ceiling, as Treasury

Al Jazeera

Where do things stand as the US rolls back debt ceiling deadline?

US Treasury Secretary Janet Yellen says the agency will run out of funds to meet financial obligations by June 5.

ABC News

US Treasury Secretary Janet Yellen pushes back forecast of potential US default date to June 5

US Treasury Secretary Janet Yellen says the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.

WEKU

Yellen sets new deadline for Congress to raise the debt ceiling: June 5

Treasury Secretary Janet Yellen says unless lawmakers raise the debt ceiling by June 5, the government won't have enough money to pay all of its bills.

Barchart

Stocks Finish Higher as Negotiators Inch Toward a Debt-Ceiling Agreement

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +2.58%. Stock indexes Friday closed moderately higher, with the Nasdaq...

Salon

McCarthy, Biden close to deal — maybe

Biden and McCarthy may cut a deal before the weekend — but many Republicans and Democrats are likely to oppose it

The Guardian - US

Biden ‘optimistic’ of debt ceiling deal as Yellen extends deadline to 5 June

Lawmakers on call over Memorial Day weekend as treasury secretary revises estimate of when US will run out of money

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