Bloomberg
Blinken to Travel to Beijing for Talks in Coming Weeks
US Secretary of State Antony Blinken plans to visit China in the coming weeks for talks with top officials, according to people familiar with the matter. While China rebuffed US efforts to arrange a meeting between the two...
Bloomberg
US-China Handshake Fails to Stem Fear of Conflict
The US and China have used a defense ministers' meeting in Singapore to accuse each other of stoking tensions that is feared could lead to a major conflict. Stephen Engle reports on Bloomberg Television.
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Debt-Limit Deal Passes House, Goes to Senate
The House has passed legislation that would suspend the debt limit through Jan. 1, 2025, to avert a US default. Yvonne Man reports on Bloomberg Television.
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Dimon: Possible Fed Will Have to Raise Rates a Bit More
"It's possible the Fed will have to raise rates a little bit more." Jamie Dimon, chairman and chief executive officer at JPMorgan Chase & Co., discusses Federal Reserve policy and the US debt ceiling. He speaks on Bloomberg Television...
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Dimon: Maybe One Day I'll Serve My Country
"Maybe one day I'll serve my country in one capacity or another." Jamie Dimon, chairman and chief executive officer at JPMorgan Chase & Co., discusses the possibility of running for office in the future. He speaks on Bloomberg Television...
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Dimon: China Is a Far More Complex Situation Now
Jamie Dimon, chairman and chief executive officer at JPMorgan Chase & Co., discusses the US-China relationship and the impact it's having on business. He speaks on Bloomberg Television from the sidelines of the JPMorgan Global China Summit.
Bloomberg
China Turns Down US Request for Defense Chiefs to Meet
China has declined a request from the US for the defense chiefs of the two nations to meet this week. The US had proposed that Secretary of Defense Lloyd Austin meet his counterpart Li Shangfu in Singapore during the Shangri-La Dialogue,...
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What Does Biden-McCarthy Debt Agreement Mean for Markets?
Shane Oliver, head of investment strategy and chief economist at AMP, discusses what the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling means for financial markets. He speaks with Paul Allen and...
Bloomberg
Fitch Places US on Rating Watch Negative
Fitch Ratings said it may downgrade the US's AAA credit rating to reflect the worsening political standoff that's preventing a deal to solve the nation's debt-ceiling crisis. Kathleen Hays reports on Bloomberg Television.
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McCarthy: Had Productive Talk With Biden But No Deal Yet
House Speaker Kevin McCarthy he had a "productive" talk with President Joe Biden on the debt limit but have not yet reached a deal to avert a default. He spoke to reporters as he emerged from the meeting. (Excerpts)
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Zelenskiy Says Bakhmut Fell, But With High Russian Casualties
Ukrainian President Volodymyr Zelenskiy said his country had lost control of the eastern city of Bakhmut after months of fierce fighting. During a meeting with President Joe Biden at the G-7 summit in Japan, Zelenskiy was asked if the...
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US and Taiwan Agree on Trade Initiative
The US and Taiwan have agreed to boost trade ties under an initiative launched last year that faces opposition from Beijing. Samson Ellis reports on Bloomberg Television.
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McCarthy Says House Will Pass Debt Bill This Week
US House Speaker Kevin McCarthy says that the House will pass his $1.5 trillion debt ceiling increase plan this week. However, he didn't clarify when asked if he has already secured the 218 Republican votes he needs. Tony Czuczka reports...
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Warren Buffett in Contact With Biden Team on Banking Crisis
Billionaire investor Warren Buffett has been having multiple talks with senior officials in President Joe Biden's administration in recent days as the regional banking crisis unfolds, according to people familiar with the matter....
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First Republic Bank Gets $30 Billion of Bank Deposits in Rescue
The biggest banks in the US agreed to deposit $30 billion with First Republic Bank in an effort supported by the US government to stabilize the battered California lender. Sally Bakewell reports on Bloomberg Television.
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US Mulls More Support for Banks
US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation. Adam Haigh reports...
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Taiwan's President Arrives in New York
Taiwan's President Tsai Ing-Wen has landed in New York for a stop over on her way to central America. Biden administration officials have tried to play down the trip, with China saying it would further damage ties between Washington and...
Bloomberg
US Lawmakers to Meet With Taiwan's Tsai
A bipartisan group of lawmakers are taking their concerns about China to California this week where they plan to meet Taiwan's President Tsai Ing-Wen. She is also expected to meet House Speaker Kevin McCarthy when she stops over in Los...
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China Urges Japan to Refrain From Joining US Chip Curbs
China's foreign minister has urged Japan to refrain from supporting US efforts to suppress the Chinese semiconductor industry. And Japan's foreign minister has urged his Chinese counterpart to quickly release an employee of Japanese...
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Trump Facing 'Political Persecution,' Lawyer Says
Donald Trump, the first former US president to be indicted, is "gearing up for a battle," according to his lawyer. Joe Tacopina made the remarks on ABC News' "This Week With George Stephanopoulos." (Excerpts)
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Pentagon Leak Exposes US Spying Efforts on Allies, Foes
The US Department of Justice is probing the leak of a trove of classified documents dumped online in what may prove to be the most serious US intelligence leak in a decade. Marc Champion reports on Bloomberg Television.
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Taiwan Sees China's Drills as Similar to Pelosi Visit
Taiwan's foreign minister tells Bloomberg that China has now completed three days of military exercises around the island that were similar in scale to the ones conducted by the People's Liberation Army last year in response to Nancy...
Bloomberg
China to US: Taiwan Issue Is 'Uncrossable' Red Line
China has responded swiftly to the meeting between US House Speaker Kevin McCarthy and Taiwan's President Tsai Ing-wen, saying that the Taiwan issue is a "uncrossable red line." John Liu reports on Bloomberg Television.
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McCarthy: Need to Curb Our Spending, Build Our Economy
US House Speaker Kevin McCarthy discusses the debt ceiling in the US. He spoke to Bloomberg's Annmarie Hordern on "Balance of Power" following his meeting with Taiwan's President Tsai Ing-wen at the Reagan Presidential Library.