Light at the end of the tunnel


Republican and White House negotiators have narrowed differences in talks over recent days, sources said, though the details agreed to are tentative and a final accord is still not in hand. — Bloomberg

WASHINGTON: Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter, as time grows short to avert a catastrophic US default.

The two sides have narrowed differences in talks over recent days, according to the people, though the details agreed to are tentative and a final accord is still not in hand.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Yinson unit enters call option to acquire Netherland-based AFPS
Bursa Malaysia applauds PLCs embracing board gender diversity
Rex Industry to decommission Bukit Minyak factory
Tech shares see biggest-ever weekly inflow on AI boom-BofA
Ringgit higher against US$, regional peers
Gold heads for best week since April on Fed pause bets
Late recovery lifts Bursa Malaysia off intraday low
Bumi Armada assessing solutions to Kraken FPSO shut-in
Rehda: Govt should be responsible for delivery of affordable housing
Lee Yeow Seng redesignated CEO of IOI Properties, Voon Tin Yow to retire on July 1

Others Also Read