Biden, McCarthy signal confidence debt-limit deal will pass

Biden, McCarthy signal confidence debt-limit deal will pass
Asked if he’s confident the deal will reach his desk, President Biden said, “Yes.” (Image: Getty)
Bloomberg
By Gregory Korte, Alicia Diaz and Akayla GardnerPresident Joe Biden and House speaker Kevin McCarthy voiced confidence that their tentative debt-ceiling deal will pass Congress and reach the president’s desk for signature, averting a historic US default.“I think we’re in good shape,” Biden told reporters at the White House on Sunday, before heading into a call with McCarthy to “make sure all the Ts are crossed and the Is are dotted”.Biden and McCarthy sealed their bargain during a 90-minute phone call late on...

More Bloomberg

Will AI make lawyers richer or put them out of work?
Technology Opinion

Will AI make lawyers richer or put them out of work?

Lawyers could be with us for a while; it's just not clear how they'll get paid.

Bloomberg 07 Sep 2025
EU pushes ahead trade deal with South American nations
Bloomberg

EU pushes ahead trade deal with South American nations

Countries fear the deal’s impact on the European agricultural sector.

Bloomberg 06 Sep 2025
Doubts about SpaceX’s dominance? Look at this
Technology Opinion

Doubts about SpaceX’s dominance? Look at this

The success of the Starship test brings Musk’s dream of reaching Mars closer to reality.

Bloomberg 30 Aug 2025
Google is trying everything to sell AI to sceptics
Technology Opinion

Google is trying everything to sell AI to sceptics

Google’s AI features might reach a new and important audience.

Bloomberg 23 Aug 2025