Tuesday, January 13, 2026
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Tag: US debt

11th-hour debt deal saves US from default

US senators voted to suspend the federal debt limit Thursday (Friday, Manila time), capping weeks of fraught negotiations to eliminate the threat of a...

Asian markets mixed as traders await US debt ceiling vote

Asian investors traded nervously Tuesday as they kept an eye on Washington, where lawmakers are expected to vote this week on a deal to...

Market rises on US deal to lift debt ceiling

Stocks rose Monday on news that President Joe Biden and House Speaker Kevin McCarthy have reached a deal to lift the US debt ceiling...

Biden and McCarthy finalize US debt deal, confident it will pass

WASHINGTON, USA—President Joe Biden and Republican leader McCarthy said Sunday that a final bipartisan deal to raise the US debt ceiling—and avoid a cataclysmic...

Republicans, Biden reach debt ceiling deal

President Joe Biden and Republican leader Kevin McCarthy announced a deal Saturday to raise the debt ceiling, dragging the United States back from the...

Biden speaks with Republican leader McCarthy: source

US President Joe Biden and Republican congressional leader Kevin McCarthy spoke Saturday, a source familiar with the talks said, as the leaders tried to...

Race for US debt deal as talks go to the wire

Democrats and Republicans seemed within grasping distance Saturday of a deal to end the US debt ceiling standoff, with both sides playing hardball in...

Biden vows ‘no default’ on US debt even as lawmakers go on 10-day break

WASHINGTON, USA—President Joe Biden declared Thursday the United States would avoid a disastrous credit default even as lawmakers went on a 10-day break without...

Stocks recover slightly; Ayala, BPI lead gainers

Stocks slightly rose Wednesday even as investors grow increasingly concerned about stalled US debt ceiling talks aimed at averting a painful default. The PSE index,...

Biden and McCarthy call debt talks ‘productive,’ but no deal

A top US Republican and President Joe Biden on Monday both said their first one-on-one talks in months to avert a calamitous debt default...

Biden says still optimistic US to avoid default

Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept “extreme” Republican...

US’ Biden trims Asia-Pacific tour amid debt deal

WASHINGTON—Joe Biden and opposition Republican leaders on Tuesday offered hope of a deal that could avoid a catastrophic US debt default, although the president...

Tokyo shares open higher on US debt ceiling talks, NY gains

Tokyo shares opened higher Tuesday on growing hopes that Washington would avert a default, which helped push Wall Street shares higher. The Nikkei index rose...

Stocks and peso decline on US debt default risks

The peso and the local stocks fell Monday as investors kept an eye on the talks to raise the US debt limit to avert...
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