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US House passes Republican debt ceiling bill with steep spending cuts

US House passes Republican debt ceiling bill with steep spending cuts

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) and other House Republicans hold a news conference on Capitol Hill in Washington, U.S., April 20, 2023. REUTERS/Amanda Andrade-Rhoades/File Photo By David Morgan and Richard Cowan WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government’s $31.4 trillion debt…

Marketmind: Banking blip? Not so fast

Marketmind: Banking blip? Not so fast

© Reuters. FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar/File Photo   MSFT -2.25% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:  …