President Joe Biden says Republicans in the U.S. House must move off their “extreme positions” on the now-stalled talks over raising America’s debt limit
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
The Group of Seven wealthy democracies have urged China to push Russia to end its war on Ukraine
President Joe Biden is seeking to rally regional cooperation against China on the margins of the Group of Seven summit in Japan, while confronting a stalemate in Washington over how to ensure the U.S. avoids economic default
President Joe Biden tried to reassure world leaders meeting in Japan on Saturday that the U.S. would not default
Global shares are mostly higher as hopes grow that the United States Congress will reach a deal to avoid a default on the nation’s debt
Chinese leader Xi Jinping has promised to build more railway and other trade links with Central Asia and proposed jointly developing oil and gas sources at a meeting with the region’s leaders that highlighted Beijing’s growing influence
Asian stock markets have followed Wall Street higher on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt
Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered