Jun 02, 2023
US Congress averts historic default, approves debt-limit suspension

By Richard Cowan and Gram Slattery WASHINGTON (Reuters) - The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a first-ever default. The Senate…

May 10, 2023
Stocks rise as U.S. inflation trends lower, bond yields slide

By Herbert Lash NEW YORK (Reuters) - A gauge of global stock markets rose and bond yields slid on Wednesday after data showed U.S. consumer prices in April rose at a slightly slower-than-expected pace, suggesting the Federal Reserve is succeeding…

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