Tony Czuczka

Senator Elizabeth Warren is calling for more US deposits to be covered by federal insurance and demanding government probes into whether lax regulation fueled this month’s collapse of Silicon Valley Bank and Signature Bank.

President Joe Biden’s nominee to head the Federal Aviation Administration withdrew from consideration in the face of Republican opposition in the Senate, Transportation Secretary Pete Buttigieg said.

Former Arkansas Governor Asa Hutchinson, a Republican critic of former President Donald Trump, said he’s entering the 2024 presidential race.

Hello from Washington, where the game of chicken around the US debt ceiling is heating up. Almost everyone says a stop-payment by the world’s financially dominant nation is unthinkable. This week brought the stakes into focus, with Republicans emboldened after passing a House bill to lift the debt limit that envisages social cuts unacceptable to Democrats. Turns out President Joe Biden may need an old Senate colleague once dubbed the “grim reaper” to break the stalemate. Some investors are

A US-organized convoy in Sudan brought citizens fleeing fighting in Khartoum to a port on the Red Sea as part of an expanded American rescue effort after the evacuation of embassy staff from the capital.

Prime Minister Benjamin Netanyahu said any tech entrepreneurs who withdraw from Israel out of opposition to his judicial plans will lose out because the country remains “a safe place” to do business.

Saudi Arabia and the US said Sudan’s warring sides agreed on a seven-day cease-fire starting Monday to allow the distribution of humanitarian aid and restoration of essential services.

House Speaker Kevin McCarthy acknowledged that the debt-ceiling deal negotiated with the White House is likely to face some Republican resistance while touting the accord as a shift in spending policy that bears his party’s stamp.

So, the US government won’t default on its debt. The question is whether that’s a win for President Joe Biden or House Speaker Kevin McCarthy. Look for Biden to use their deal as launch pad for his reelection campaign as he seeks to keep left-leaning and Black voters on board . To recap, here’s how “two Irish guys who don’t drink” and their aides, fueled by cookies and pizza, maneuvered around the flanks of both parties to end weeks of uncertainty for the world economy. The whole spectacle may n

House Speaker Kevin McCarthy is safe in his position after reaching a debt-ceiling deal with President Joe Biden that almost a third of his Republican caucus voted against, a key GOP negotiator said.