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President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement to avert a catastrophic and unprecedented default on America’s sovereign debt, ending a monthlong standoff that threatened the US and global economies. The White House said Mr Biden and Mr McCarthy spoke by phone for roughly 90 minutes late Saturday. The president also spoke with Democratic congressional leaders as the talks between the White House and the Republicans who control the House of Representatives entered final stages after days of back-and-forth over GOP demands to add work requirements for food assistance and other programs meant to help lower-income Americans. One source familiar with the matter described the president and the House Speaker as having come to an “agreement in principle” that would limit federal spending while raising the nation’s statutory debt limit by an amount large enough to keep the issue off the table through the November 2024 general election. More follows...

White House and Republican negotiators reached a tentative deal to raise the US debt ceiling and avert a

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...

The White House and the Republicans are now said to be ironing out details of a bill to avert a default.

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

India’s corridors of power are getting a makeover — part of Prime Minister Narendra Modi’s efforts to cement

Turkish President Recep Tayyip Erdogan is aiming to drive home an election victory to extend his rule well

For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.

President Joe Biden and House Speaker Kevin McCarthy are speaking by phone Saturday evening as their negotiators on

Texas Attorney General Ken Paxton was impeached in an extraordinary vote by the state’s Republican-dominated House of Representatives,

Argentine Economy Minister Sergio Massa will travel to China next week in a bid to free up more

The meteoric rise of ChatGPT is shaking up multiple industries -- including law. A lawyer for a man suing Avianca Airlines apologized in court after at least six cases as research for a brief were bogus, made up by ChatGPT.