House Speaker Kevin McCarthy

Last Updated: May 31, 2023, 02:48 ISTNew York, United States of America (USA)The broad-based S&P 500 was flat at 4,205.52, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 13,017.43.After rallying Friday in anticipation…

WASHINGTON: President Joe Biden and House Speaker Kevin McCarthyhave reached an agreement in principle on legislation to increase the nation’s borrowing authority and avoid a default.Negotiators are now racing to finalize the bill’s text.…

Last Updated: May 24, 2023, 02:09 ISTThe broad-based S&P 500 slid 1.1 percent to 4,145.58, while the tech-rich Nasdaq Composite Index dropped 1.3 percent to 12,560.25.While the White House pointed to some progress in the latest round of…

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Last Updated: May 12, 2023, 00:28 ISTThe IMF warned Thursday of the potential for higher borrowing costs, broader global instability and economic repercussions in the event of a US debt default. (Image: Reuters/File Photo) Republicans and…

Last Updated: March 25, 2023, 00:50 ISTSpeaker of the House Kevin McCarthy, of Calif., right, speaks about the proposed legislation dubbed the Parents Bill of Rights, Wednesday, March 1, 2023 (File Photo: AP) Education has become a…

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