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Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden 06/02/2023 05:07am • WASHINGTON (AP) — Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden's desk to become law before the fast-approaching deadline. The Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right 06/02/2023 04:45am • WASHINGTON (AP) — House Speaker Kevin McCarthy is nothing if not a political survivor. Underestimated from the start, the Republican who cruised around his California hometown of Bakersfield and stumbled into a career in Congress was never taken too seriously by the Washington establishment. With IMF says Sri Lanka's economic recovery shows signs of improvement but challenges remain 06/02/2023 12:53am • COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of economic improvement but its recovery still faces challenges, the International Monetary Fund said Friday. The Indian Ocean island nation declared bankruptcy in April 2022 and said it was su Debt limit bill gives Republicans IRS cuts, but Democrats say they expect little near-term impact 06/01/2023 11:43pm • WASHINGTON (AP) — House Republicans are seeking to make good on their campaign promise to rein in the IRS with cutbacks built into the debt ceiling and budget cuts package passed by Congress. The bill rescinds $1.4 billion given to the federal tax collector in the Democrats’ health and energy pa Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains. 06/01/2023 11:31pm • WASHINGTON (AP) — Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal, instead settling for limited changes that could simplify What the GRE Test Is and How to Prepare 06/01/2023 08:00pm • Aspiring graduate students juggling multiple responsibilities may be tempted to cram for the Graduate Record Exam, or GRE. But achieving an impressive score on this graduate school entrance exam is difficult without significant preparation, experts warn. "A lot of our students, especially our studen Women's tennis upgrade: DC's Citi Open merges with Silicon Valley Classic 06/01/2023 03:58pm • Liudmila Samsonova, of Russia, hoists the trophy after she won the final at the Citi Open tennis tournament against Kaia Kanepi, of Estonia, Sunday, Aug. 7, 2022, in Washington. (AP Photo/Nick Wass) Summer pro tennis in D.C.'s Rock Creek Park will have will have a little more meaning starting th NATO presses Turkey to approve Sweden's membership, eyes Ukraine security plan as summit looms 06/01/2023 02:05pm • OSLO, Norway (AP) — NATO on Thursday ramped up pressure on member nation Turkey to drop its objections to Sweden's membership as the military organization seeks to deal with the issue by the time U.S. President Joe Biden and his counterparts meet next month. The 31-member alliance is also looking Greater Mid-Atlantic News Digest 1 p.m. 06/01/2023 01:23pm • Here’s a look at how AP’s general news coverage is shaping up for select stories. For up-to-the minute information on AP’s complete coverage of North Carolina, South Carolina, Virginia, Maryland and Delaware, and the rest of the world, visit Coverage Plan at newsroom.ap.org Questions about cov Recession ahead? By this metric, one's here now: Earnings fall and Wall Street expects 2Q soreness. 06/01/2023 12:15pm • NEW YORK (AP) — The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety. Companies are in the midst of an “earnings recession," meaning profits have contracted for two straight quarters, starting with a 4.6% drop at the end of 2022. Lifecore Biomedical: Fiscal Q3 Earnings Snapshot 06/01/2023 07:22am • CHASKA, Minn. (AP) — CHASKA, Minn. (AP) — Lifecore Biomedical, Inc. (LFCR) on Thursday reported a loss of $40.2 million in its fiscal third quarter. On a per-share basis, the Chaska, Minnesota-based company said it had a loss of $1.33. Losses, adjusted to account for discontinued operations and China and key US partner Singapore agree to top-level defense hotline 06/01/2023 05:12am • SINGAPORE (AP) — China and Singapore laid the groundwork Thursday for a hotline between the two countries that would establish a high-level communications link between Beijing and a close American partner in Asia at a time when Chinese tensions with Washington are high and dialogue has stalled. Ch Today in History: June 1, GM enters bankruptcy protection 06/01/2023 12:00am • Today in History Today is Thursday, June 1, the 152nd day of 2023. There are 213 days left in the year. Today’s Highlight in History: On June 1, 1813, the mortally wounded commander of the USS Chesapeake, Capt. James Lawrence, gave the order, “Don’t give up the ship” during a losing battl Stock market today: Asian shares mostly rise after House approves debt ceiling deal 05/31/2023 11:51pm • TOKYO (AP) — Asian benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis. But the enthusiasm was muted by worries about the Chinese economy after disappointing recent data on a recovery in House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate 05/31/2023 11:29pm • WASHINGTON (AP) — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progress