Stock market today: Asia shares mixed as investors await debt ceiling vote, eye China economy
May 30, 2023 GMTTOKYO (AP) — Asian shares were mixed in directionless trading Tuesday following a U.S. holiday, as optimism about a deal on the U.S. debt was dented by worries about the regional economy.
Japan's benchmark Nikkei 225 rose 0.3% to 31,328.16.
Stock market today: Asia shares mixed as investors await debt ceiling vote, eye China economy
May 30, 2023 GMTTOKYO (AP) — Asian shares were mixed in directionless trading Tuesday following a U.S. holiday, as optimism about a deal on the U.S. debt was dented by worries about the regional economy.
Japan's benchmark Nikkei 225 lost 0.4% in morning trading to 31,119.27.
Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
May 30, 2023 GMTWASHINGTON (AP) — President Joe Biden says he “feels good” about the debt ceiling and budget deal negotiated with House Speaker Kevin McCarthy as the White House and congressional leaders work to ensure its passage this week in time to lift the nation's borrowing limit and prevent a disastrous U.S.
Biden on Memorial Day lauds generations of fallen US troops who ‘dared all and gave all’
May 29, 2023 GMTWASHINGTON (AP) — President Joe Biden lauded the sacrifice of generations of U.S. troops who “dared all and gave all” fighting for their country and called on Americans to ensure their “sacrifice was not in vain” in Memorial Day observances at Arlington National Cemetery.
Debt ceiling takeaways: Biden’s invite to liberal skeptics to ‘talk to me,’ McCarthy’s balancing act
May 29, 2023 GMTWASHINGTON (AP) — It’s a deal no one in Washington claims to really like. But after weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to raise the debt ceiling and avert a potentially devastating government default.
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
May 29, 2023 GMTWASHINGTON (AP) — The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
May 29, 2023 GMTWASHINGTON (AP) — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation's debt ceiling and worked to ensure enough support in Congress to pass the measure in the coming week.
WASHINGTON (AP) — The details of the deal between President Joe Biden and House Speaker Kevin McCarthy were released Sunday in the form of a 99-page bill that would suspend the nation's debt limit through 2025 to avoid a federal default while limiting government spending.
Debt ceiling tests Speaker McCarthy as he rides breezily through high-wire act of his career
May 29, 2023 GMTWASHINGTON (AP) — One morning during the debt ceiling crisis, House Speaker Kevin McCarthy climbed onto his mountain bike and took a ride along the National Mall, marveling at the monuments.
WASHINGTON (AP) —
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.
President attends 2nd grandchild’s graduation as daughter of Biden’s late son leaves high school
May 28, 2023 GMTMIDDLETOWN, Del. (AP) — It's been a busier-than-usual graduation season for President Joe Biden.
Biden and his wife, Jill, were on hand Sunday to watch granddaughter Natalie Biden graduate from high school, the White House said.
Asylum-seekers say joy over end of Title 42 turns to anguish induced by new US rules
May 28, 2023 GMTTIJUANA, Mexico (AP) — The day that President Joe Biden's administration ended a public health measure blocking many asylum-seekers at the Mexican border during the coronavirus pandemic, Teodoso Vargas was ready to show U.S.
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation's legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S.
VP Harris praises cadets’ sacrifice in West Point’s 1st commencement speech by a woman
May 27, 2023 GMTNEW YORK (AP) — Vice President Kamala Harris, the first woman to deliver a commencement speech at West Point, lauded graduating cadets Saturday for their noble sacrifice in serving their country, but noted they were entering an “unsettled world” because of Russian aggression and the rising threats from China.
WASHINGTON (AP) — President Joe Biden said a deal to resolve the government's debt ceiling crisis seemed “very close” late Friday, even as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans into another frustrating week.
Biden celebrates LSU women’s and UConn men’s basketball teams at separate White House events
May 26, 2023 GMTWASHINGTON (AP) — All of the past drama and sore feelings associated with Louisiana State's invitation to the White House were seemingly forgotten or set aside Friday as President Joe Biden and first lady Jill Biden welcomed the championship women's basketball team to the mansion with smiles, hugs and lavish praise all around.
Debt ceiling explained: What to know about the showdown in Washington as default looms
May 26, 2023 GMTWASHINGTON (AP) — House Republicans still do not have a deal with President Joe Biden to raise the debt ceiling as the nation is a little more than a week away from a potentially catastrophic default.
WASHINGTON (AP) — Two Army veterans who stormed the U.S. Capitol in a military-style formation with fellow members of the Oath Keepers were sentenced Friday to prison terms, a day after the far-right extremist group's founder received a record-setting 18-years behind bars in the Jan.
Biden releases new strategy to tackle rise in antisemitism, says ‘hate will not prevail’
May 26, 2023 GMTWASHINGTON (AP) — President Joe Biden on Thursday announced what he said is the most ambitious and comprehensive undertaking by the U.S. government to fight hate, bias and violence against Jews, outlining more than 100 steps the administration and its partners can take to combat an alarming rise in antisemitism.
Supreme Court limits regulation of some US wetlands, making it easier to develop and destroy them
May 26, 2023 GMTThe U.S. Supreme Court has stripped federal agencies of authority over millions of acres of wetlands, weakening a bedrock environmental law enacted a half-century ago to cleanse the country’s badly polluted waters.
Debt ceiling talks teeter on the brink, as lawmakers leave town for weekend without a deal
May 26, 2023 GMTWASHINGTON (AP) — House Republicans pushed debt ceiling talks to the brink Thursday, displaying risky political bravado in leaving town for the holiday weekend just days before the U.S.
Amanda Gorman’s poem for Biden’s inauguration barred for younger children by Florida school
May 25, 2023 GMTFORT LAUDERDALE, Fla. (AP) — A poem written for President Joe Biden's inauguration has been placed on a restricted list at a South Florida elementary school after one parent's complaint.
Oath Keepers founder Stewart Rhodes sentenced to 18 years for seditious conspiracy in Jan. 6 attack
May 25, 2023 GMTWASHINGTON (AP) — Oath Keepers extremist group founder Stewart Rhodes was sentenced Thursday to 18 years in prison for orchestrating a weekslong plot that culminated in his followers attacking the U.S.
Air Force fighter pilot tapped by Biden to be next Joint Chiefs chairman has history of firsts
May 25, 2023 GMTWASHINGTON (AP) — The Air Force fighter pilot tapped to be the next chairman of the Joint Chiefs of Staff got his call sign by ejecting from a burning F-16 fighter jet high above the Florida Everglades and falling into the watery sludge below.
Look who’s talking: Biden mostly mum in debt negotiations, while McCarthy can’t stop chatting
May 25, 2023 GMTWASHINGTON (AP) — There was Kevin McCarthy, saying the White House was refusing to give on spending as the speaker returned to the Capitol one morning this week.
Supreme Court sharply limits federal government’s ability to police pollution into certain wetlands
May 25, 2023 GMTWASHINGTON (AP) — The Supreme Court on Thursday sharply limited the federal government's authority to police water pollution into certain wetlands, the second decision in as many years in which a conservative majority narrowed the reach of environmental regulations.
On 3rd anniversary of George Floyd’s death, Biden stops GOP-led effort to block DC police reform law
May 25, 2023 GMTWASHINGTON (AP) — President Joe Biden on Thursday — the third anniversary of George Floyd's murder — vetoed an effort led by congressional Republicans to overturn a new District of Columbia law on improving police accountability.
Sports no sure respite from politics when title-winning athletes visit the White House
May 25, 2023 GMTWASHINGTON (AP) — President Calvin Coolidge wasn't as big a baseball fan as his wife, Grace. But even Silent Cal got swept up in the excitement of the Washington Senators' unexpectedly successful season in 1924.
On 1st anniversary of Uvalde, Texas, school shooting, Biden says ‘it’s time to act’ on gun control
May 25, 2023 GMTWASHINGTON (AP) — As families and loved ones mourned the unimaginable loss of 19 children and two teachers shot dead last year in Uvalde, Texas, President Joe Biden said from a solemn White House memorial Wednesday that too many schools, too many everyday places have become “killing fields.”
Biden picks history-making Air Force fighter pilot to serve as next Joint Chiefs chairman
May 25, 2023 GMTWASHINGTON (AP) — President Joe Biden will announce Thursday that he is tapping Air Force Gen.
McCarthy says debt ceiling standoff ‘not my fault,’ as White House warns of economic risks
May 25, 2023 GMTWASHINGTON (AP) — A defiant House Speaker Kevin McCarthy said Wednesday the debt ceiling standoff was “not my fault” as he sent Republican negotiators to the White House to finish out talks, but warned the two sides need more time as they try to reach a budget deal with President Joe Biden.
Officers describe chaos, fear on Jan. 6 as judge weighs prison time for Oath Keepers’ Rhodes
May 24, 2023 GMTWASHINGTON (AP) — Police officers who defended the U.S. Capitol on Jan. 6, 2021, and public servants who fled the mob's attack told a judge on Wednesday that they are still haunted by what they endured, as the judge prepares to hand down sentences in a landmark Capitol riot case.
Energy Dept. rejects $200M grant to battery maker after GOP criticism over alleged ties to China
May 24, 2023 GMTWASHINGTON (AP) — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company's alleged ties to China.
Who’s who in the debt limit fight: Meet the five negotiators working to save the US from default
May 24, 2023 GMTWASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy have turned to a select group of negotiators to work out a deal to increase the nation’s borrowing authority and avoid the economic carnage that could ensue if the U.S.
Biden judicial nominee Wamble withdraws from consideration, cites nearly 2-year wait for action
May 24, 2023 GMTWASHINGTON (AP) — A federal prosecutor tapped by President Joe Biden to become a U.S. district judge in Kansas has withdrawn from consideration, citing the nearly two-year wait for action on his nomination.
Debt ceiling talks grind on, but Republicans say there’s a ‘lack of urgency’ from White House
May 24, 2023 GMTWASHINGTON (AP) — Debt ceiling talks showed few signs of outward progress Tuesday as negotiators for President Joe Biden and House Speaker Kevin McCarthy traded more budget-cutting ideas but Republicans warned of a “lack of urgency” at the White House to resolve the standoff in time to avert a potentially chaotic federal default.
WASHINGTON (AP) —
President Joe Biden will host Prime Minister Mette Frederiksen of Denmark at the White House next month for talks on their joint efforts including supporting Ukraine.
Biden picks new National Security Agency head, key to support of Ukraine, defense of US elections
May 23, 2023 GMTWASHINGTON (AP) — President Joe Biden has chosen a new leader for the National Security Agency and U.S. Cyber Command, a joint position that oversees much of America's cyber warfare and defense.
How raising the nation’s debt limit could reduce spending of some coronavirus relief funds
May 23, 2023 GMTWith the pandemic officially over, leftover coronavirus relief money for vaccines, public health initiatives and other programs has become a target as negotiators try to reach a budget deal to raise the nation's debt limit.
Appeals court ruling deals legal setback to Biden administration in gun stabilizing brace case
May 23, 2023 GMTWASHINGTON (AP) — A federal appeals court dealt a legal setback to the Biden administration on guns Tuesday in a lawsuit challenging tighter regulations on stabilizing braces, an accessory that has been used in several mass shootings in the U.S.
WASHINGTON (AP) — On President Joe Biden 's first day in office, he handed Congress a legislative plan to modernize the nation's immigration system.
It went nowhere, just like so many past overhaul attempts.
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation's borrowing limit in time to avert a potentially chaotic federal default.
WASHINGTON (AP) — President Joe Biden's decision to allow allies to train Ukrainian forces on how to operate F-16 fighter jets — and eventually to provide the aircraft themselves — seemed like an abrupt change in position but was in fact one that came after months of internal debate and quiet talks with allies.
Business Highlights: Debt crisis roils Washington; Meta fined record $1.3 billion by EU
May 22, 2023 GMT___ What it would mean for the global economy if the US defaults on its debt
WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone.
WASHINGTON (AP) — As President Joe Biden embarks on his reelection campaign, just 33% of American adults say they approve of his handling of the economy and only 24% say national economic conditions are in good shape, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
WASHINGTON (AP) — If the fight with Congress over raising the government's debt limit is such a dire threat, why doesn't President Joe Biden just raise the borrowing ceiling himself?
CANBERRA, Australia: (AP) — Australian Prime Minister Anthony Albanese said he was working in the “most effective way possible” to secure the release of WikiLeaks founder Julian Assange, but declined an invitation Monday to meet the Australian citizen’s wife.
On debt ceiling, Biden, McCarthy to meet Monday as negotiators ‘keep working’ to resolve standoff
May 22, 2023 GMTWASHINGTON (AP) — The White House and House Republicans wrapped up another round of debt ceiling talks Sunday as Washington races to strike a budget compromise along with a deal to raise the nation's borrowing limit and avert an economy-wrecking federal default.
G7 ends with Ukraine in focus as Zelenskyy meets world leaders and Russia claims disputed gains
May 21, 2023 GMTHIROSHIMA, Japan (AP) — Ukrainian President Volodymyr Zelenskyy huddled with some of his biggest backers as the Group of Seven summit closed in Hiroshima on Sunday, building momentum for his country's war effort even as Russia claimed a battlefield victory that was quickly disputed by Ukraine.
Biden, McCarthy to speak on debt limit; talks stalled as Republicans seek deep spending cuts
May 21, 2023 GMTHIROSHIMA, Japan (AP) — President Joe Biden planned on Sunday to speak directly with House Speaker Kevin McCarthy, hoping to salvage talks to raise the debt limit that have stalled in recent days while he was abroad at the Group of Seven summit.
Zelenskyy says ‘Bakhmut is only in our hearts’ after Russia claims control of Ukrainian city
May 21, 2023 GMTKYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that Bakhmut was “only in our hearts," hours after Russia’s defense ministry reported that forces of the Wagner private army, with the support of Russian troops, had seized the city in eastern Ukraine.
Biden aims to reassure world on US debt standoff as he consults with Indo-Pacific leaders
May 20, 2023 GMTHIROSHIMA, Japan (AP) — President Joe Biden tried to reassure world leaders on Saturday that the United States would not default as he consulted with the heads of Australia, Japan and India in a meeting of the so-called Quad partnership that had been hastily rescheduled because of the debt limit standoff back in Washington.
WASHINGTON (AP) — When John Podesta left his job as an adviser to President Barack Obama nearly a decade ago, he was confident that hundreds of miles of new power transmission lines were coming to the Southwest, expanding the reach of clean energy throughout the region.
WASHINGTON (AP) — Debt limit talks between the White House and House Republicans stopped, started and stopped again Friday at the U.S.
World leaders warn China and North Korea on nukes as Ukraine’s Zelenskyy travels to G7 summit
May 20, 2023 GMTHIROSHIMA, Japan (AP) — Leaders of the world’s most powerful democracies vowed Friday to tighten punishments on Russia for its 15-month invasion of Ukraine, days before President Volodymyr Zelenskyy joins the Group of Seven summit in person on Sunday.
WASHINGTON (AP) — Massachusetts U.S. Attorney Rachael Rollins formally resigned Friday after wide-ranging investigations by two federal watchdog agencies found she sought to use her position to influence a local election and lied to investigators.
American Airlines and JetBlue must abandon their partnership in the Northeast, federal judge rules
May 20, 2023 GMTAmerican Airlines and JetBlue Airways must abandon their partnership in the northeast United States, a federal judge in Boston ruled Friday, saying that the government proved the deal reduces competition in the airline industry.
How the US helping Ukraine acquire F-16s shows that for military aid, ‘no’ can become ‘yes’
May 19, 2023 GMTWASHINGTON (AP) — The U.S. has once again buckled under pressure from European allies and Ukraine's leaders and agreed to provide more sophisticated weapons to the war effort. This time it's all about F-16 fighter jets.