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A Sunday night phone call between the president and Republican House speaker was reported to have struck a more positive toneUS president Joe Biden and House Republican speaker Kevin McCarthy have held a “productive” phone call on the continued impasse…
Special counsel also concludes no charges should be brought against the FBI The Guardian’s Alexandra Villarreal has more on just how Joe Biden is trying to discourage migrants, and why advocacy groups say in this area, he’s not that different from Dona…
Annual rate has fallen sharply since hitting 40-year high last June but prices are still rising at a rate over twice the Fed’s targetThe price of goods and services in the US remained stubbornly high in April, rising 4.9.% from a year ago, the labor de…
April broke downward trend in growth of labor market, which has been slowing over the last few monthsUS employers added 253,000 jobs in April, a sign that resilient jobs market remains robust even after a year of Federal Reserve interest rate rises.Lab…
Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failuresUS banks are failing, and the authorities seem unlikely to interveneTrading in the shares of two more regional US …
Central bank announces 10th straight increaseSign up to receive First Thing – our daily briefing by emailJim Clyburn, a key Democratic House representative from South Carolina who served as House majority whip, endorsed fellow Democratic representative…
Deadline of Sunday set for companies such as JPMorgan Chase to table offer for California bank whose shares have plummetedUS regulators are racing to secure the sale of California bank First Republic, which is on course to become the third American len…
Kevin McCarthy kickstarted talks with the White House, but his proposal may not even have the Republican votes to move forwardAs hundreds of millions of Americans faced a deadline on Tuesday to file their annual tax returns, Congress continued to squab…
Thomas under scrutiny after accepting luxury giftsSign up to receive First Thing – our daily briefing by emailThe Democratic chair of the Senate judiciary committee has asked chief justice John Roberts to testify on 2 May about the court’s ethics, foll…
Progressive Democrat launches offensive on politicians on the left and the right who supported Trump-era deregulation of US banksPolitical fall-out in the US from the collapse of Silicon Valley Bank continued on Sunday when leftwing Senator Elizabeth W…