Biden and Mccarthy Reach Us Debt Ceiling Deal
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US senators reach deal on $1.2tn spending bill to avert government shutdown
Passing of the bill sparks backlash from Donald Trump’s supportersFinancial Times - World -
Panthers boost pash rush with veteran Clowney
Free agent pass-rusher Jadeveon Clowney has agreed to a two-year, $20 million contract with the Panthers.ESPN - Sports -
Dodgers keep spending, extend Smith for $140M
The Dodgers and All-Star catcher Will Smith agreed to a 10-year, $140 million contract extension.ESPN - Sports - MLB -
Biden steps up efforts to reach voters of color
President Biden's campaign is stepping up efforts to reach voters of color ahead of a November showdown with former President Trump and amid signs that some Black and Latino voters are turning away from the Democratic Party. President Biden’s ...The Hill - Politics - Joe Biden -
Biden Approves $5.8 Billion in Student Debt Cancellation for 78,000 Borrowers
The incremental relief brings the canceled total to $143.6 billion for nearly four million Americans.The New York Times - Business - Joe Biden -
Biden forgives $6 billion in student debt. Here's who qualifies.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.CBS News - Politics - Joe Biden -
EU probes Apple, Meta and Alphabet under landmark new law
Big Tech groups are the first to face full investigations under bloc’s Digital Markets ActFinancial Times - Business - European Union -
German train drivers' union and railway operator reach a deal in their long dispute
Yahoo News - World - Germany -
Texas Attorney General Ken Paxton Reaches Deal to Avoid Criminal Trial
Nearly a decade after his indictment for securities fraud, Mr. Paxton will pay restitution, take legal ethics classes and do community service as part of an agreement with prosecutors.The New York Times - Top stories -
Seoul Bus Drivers End Strike After Reaching Wage Deal
Yahoo News - World -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Biden’s TikTok Challenge: Reach Gen Z, Without Drawing Its Wrath
For his campaign, navigating the platform has meant encountering over and over some of the thorniest issues plaguing Mr. Biden’s re-election bid.The New York Times - Top stories - Joe Biden -
Texas Attorney General Ken Paxton reaches deal to avoid securities fraud trial
Texas Attorney General Ken Paxton reached a deal to avoid a trial in his securities fraud case nine years after he was indicted on felony charges.NBC News - Politics -
MLS and referees reach 7-year labor deal, ending 37-day lockout that led to replacement officials
Major League Soccer and its referee announced a seven-year labor contract, ending a 37-day lockout that led to the use of replacement officialsABC News - Sports - MLS -
Wizards, Capitals staying in D.C.: Teams reach new deal in Washington after VA move shut down, per report
The Wizards and Capitals are set to stay in D.C. with the city reportedly giving them $515 million for arena upgradesCBS Sports - Sports -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Budget watchdog warns US could suffer market shock over national debt
Congressional Budget Office (CBO) Director Phillip Swagel warned the United States could suffer a similar market shock as seen in the United Kingdom during former Prime Minister Liz Truss’s brief stint leading Britain, citing the nation's ...The Hill - Politics -
US and Cyprus will sign a deal to fight money laundering and evasion of Russian sanctions
The United States and Cyprus say they’re formalizing their collaboration in fighting money laundering, sanctions evasion and other financial crimesABC News - World - Russia -
LSU rallies to reach Sweet 16 after Kim Mulkey’s tirade: ‘I’m not going to let one sleazy reporter distract us’
Kim Mulkey went off and threatened to sue The Washington Post on Saturday over an apparent unpublished article about her.Yahoo Sports - Sports -
Jayden Daniels pro day: Inside LSU QB's historic improvement and why teams are confident he'll hit his ceiling
The Heisman Trophy winner is only continuing to get betterCBS Sports - Sports -
McCarthy to Johnson: ‘Do not be fearful of a motion to vacate’
Former Rep. Kevin McCarthy (R-Calif.), who was ousted from the Speakership last year, advised Speaker Mike Johnson (R-La.) on Sunday not to be afraid of a motion to vacate. On CBS's "Face the Nation, " McCarthy was asked whether the "chaos" within ...The Hill - Politics -
Chargers' Harbaugh: McCarthy best QB in draft
Chargers coach Jim Harbaugh continued his praise for Michigan quarterback J.J. McCarthy at the league meeting Monday, calling McCarthy's pro day the best he has ever seen and doubling down on his belief that he is the best quarterback in the NFL ...ESPN - Sports - NFL -
US steel unions urge Biden to open probe into Chinese shipbuilding
President expected to back trade investigation as industry becomes 2024 election issueFinancial Times - Business - Joe Biden -
Biden on bridge collapse: 'The people of Baltimore can count on us'
President Biden spoke about the collapse of a major bridge in Baltimore after it was struck by a cargo ship. The president called the incident a "terrible accident" and discussed how the federal government will assist response efforts in Maryland.NBC News - Politics - Joe Biden -
Biden Administration Finalizes Rule Curbing Use of Short-Term Health Plans
The new regulation reverses a Trump-era policy that expanded access to health plans with fewer benefits than those sold on the Affordable Care Act’s marketplaces.The New York Times - Health - Joe Biden -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
What is a good debt-to-income ratio?
Your debt-to-income (DTI) ratio is a deciding factor in loan approvals and terms. But what is a good DTI ratio?CBS News - Top stories -
Former House Speaker Kevin McCarthy: "Do not be fearful of a motion to vacate"
Former House Speaker Kevin McCarthy, who became the first speaker in history to be ousted from his post last year, suggested that a motion to vacate the current speaker is unlikely.CBS News - Politics - House -
China Evergrande Drops Debt Restructuring Applications in U.S.
The developer had sought a New York court’s approval last August to restructure more than $19 billion in offshore debt via Chapter 15 bankruptcy filings.The Wall Street Journal - World - China -
Atos Uncertain Over Its Future as Debts Rise
Atos warned of uncertainty about its ability to continue after its debt grew and its losses widened on an impairment charge.The Wall Street Journal - World -
Atos Uncertain Over Its Future as Debts Rise
Struggling French IT company Atos flagged concerns over its ability to continue after a mounting debt pile and deeper net loss compounded recent failures to shed assets.The Wall Street Journal - Business -
Tax Refunds Are Here and Destined for the Growing Pile of Debt
With credit-card debt at record levels and more households falling behind on loans, tax refunds are helping people make ends meet.The Wall Street Journal - World -
Singapore has lessons for countries worrying about debt
Tight fiscal rules can prevent the kind of investment which has helped the city state to thriveFinancial Times - World -
Charge of £90 to clear problem debt axed for poorest
Charities had warned some people struggling with debt could not afford to apply to clear it.BBC News - Top stories -
Obama opened a door between Cuba and the US. Why is Biden closing it again? | Bhaskar Sunkara
Despite his campaign promises, the president is mimicking Trump’s approach to the island and fueling its economic misery. On 6 April 1960, the US diplomat Lester D Mallory wrote a memo advocating an embargo “denying money and supplies to Cuba, to ...The Guardian - World - Joe Biden -
The US just stood up to Israel at the United Nations. But Biden isn’t doing enough | Mohamad Bazzi
On the same day as the vote, the White House declared, contrary to all evidence, that Israel has not blocked humanitarian aid from Gaza. After the US vetoed three previous resolutions, the United Nations security council voted on Monday to demand ...The Guardian - World - Joe Biden -
Murray beats Etcheverry to reach Miami third round
Andy Murray gains a measure of revenge against Tomas Martin Etcheverry by beating the Argentine in the second round of the Miami Open.BBC News - Top stories -
The Sandbox reaches 1,000 user-generated experiences
The Sandbox has reached a new milestone of 1,000 user-generated experiences on its metaverse platform.VentureBeat - Tech