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The Latest Breaking News from Joe Biden

Stocks Advance on Hopes for Debt Ceiling Progress

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. U.S. stocks this morning are moderately higher on hopes...

Barchart

Watch: Joe Biden addresses debt ceiling as deadline looms

Watch as Joe Biden makes remarks in the Roosevelt room at the White House before departing for Japan to attend the G7 summit.

The Independent UK

Biden admin pushing for Saudi-Israeli peace deal by end of year, officials say

Jake Sullivan recently told MBS the U.S. thinks there is an opportunity to get a Saudi-Israeli deal by the end of the year.

Axios

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Democratic senators urge Biden to invoke 14th amendment to prevent debt default – as it happened

Senators want to use amendment that says validity of US debt cannot be questioned, arguing Republicans not acting in good faith

The Guardian - US

Markets Today: Stocks Climb on Hopes for Debt Ceiling Progress

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.30%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.14%. U.S. stock index futures this morning are moderately higher on hopes for progress in the debt ceiling negotiations. The talks have shifted to a narrower...

Barchart

How China uses 'geostrategic corruption' to exert its influence in Latin America

Corruption has long been a scourge in parts of Latin America.

The Conversation

With China looming, Biden plans new Pacific islands summit after PNG no-show

U.S. President Joe Biden will arrange another summit of Pacific island leaders this year after the disappointment caused by his cancellation of a visit to Papua New Guinea due to the domestic debt ceiling crisis, his national security adviser said on Wednesday.

Reuters

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Stock Index Futures Move Higher on Signs of Optimism Over Debt-Ceiling Talks, Target Earnings on Tap

June S&P 500 futures (ESM23) are up +0.30%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.20% this morning as market participants pinned hopes on talks in Washington to resolve the deadlock on raising the U.S. debt ceiling.

Barchart

First Thing: Quad summit cancelled after Joe Biden calls off trip to Australia

Leaders will instead meet on sidelines of G7 in Hiroshima this weekend. Plus, how mifepristone became a target of the US anti-abortion movement

The Guardian - UK

McCarthy called Biden's bluff on the debt ceiling

"They're negotiating now and they weren’t doing it before," one Republican told Axios.

Axios

Stock Index Futures Move Higher as U.S. Debt Ceiling Talks Take Center Stage, Target Earnings on Tap

June S&P 500 futures (ESM23) are up +0.23%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.11% this morning after three major U.S. benchmark indices finished the regular session lower as market participants worried about whether the outcome of the U.S. debt ceiling talks would result in staving off…

Barchart

PM Modi to embark on first state visit to the U.S. in 14 years

Prime Minister Narendra Modi will visit the United States in June to meet with President Joe Biden, said U.S. Ambassador Eric Garcetti said in Mumbai on May 17, 2023

The Hindu

‘This is about saving lives’: the Texas Democrat fighting for gun control and abortion rights

Congresswoman Jasmine Crockett tells why she’s backing an assault weapons ban – and why Republicans are ‘cowards’

The Guardian - US

AP News Digest 3:30 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

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The Independent UK

Hopes for historic Pacific visit dashed after President Joe Biden cancels trip to Papua New Guinea

Papua New Guinea had declared next Monday a public holiday in anticipation of an historic visit by U.S. President Joe Biden

The Independent UK

G-7 leaders likely to focus on the war in Ukraine and tensions in Asia at summit in Hiroshima

The symbolism will be palpable when leaders of the world’s rich democracies sit down in Hiroshima later this week

The Guardian - AU

The cancelled Quad summit is a win for China and a self-inflicted blow to the US’s Pacific standing

Joe Biden’s decision to pull out of visits to Australia and PNG will reflect poorly on the US amid growing competition for influence in the region

The Guardian - AU

Disappointment in Papua New Guinea after Biden cancels first visit by a US leader

After six months of preparation in Port Moresby, the President cut short his trip in order to focus on debt limit talks in Washington

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360info

No Biden. So how relevant is the Quad?

Joe Biden’s decision to pull out of next week's Quad summit in Australia helps to highlight the weakness in a partnership still yet to find its purpose.

The Independent UK

James Comer mocked for claiming key informants in Biden probe have gone missing

Rep Jared Moskowitz takes aim at Kentuckian during House Oversight Committee hearing

The Independent UK

Criminal cases for killing eagles decline as wind turbine dangers grow

Criminal cases brought by U.S. wildlife officials for harming protected bald and golden eagles dropped sharply in recent years, despite growing concern that wind energy and other pressures are jeopardizing golden eagle populations

The Independent UK

Biden to honor 9 with Medal of Valor, including 2 NYPD officers killed after 911 call

Two New York Police Department officers ambushed and killed responding to a 911 call and the rookie cop who took down the gunman are among those who will be honored Wednesday by President Joe Biden with the Medal of Valor, the nation’s highest honor for bravery by a public safety…

Reason

Trump's Disregard for the Rule of Law Is at Least As Bad As Biden's

The former president reminds us that claiming unbridled executive power is a bipartisan tendency.

The Independent UK

Australia rules out Quad summit going ahead in Sydney without President Biden

Australian Prime Minister Anthony Albanese has ruled out a so-called Quad summit taking place in Sydney without President Joe Biden

Ballotpedia

Biden leads PredictIt’s 2024 presidential election market

As of May 15, 2023, PredictIt’s 2024 presidential market shows President Joe Biden (D) leading at $0.42, followed by former President Donald Trump (R) at $0.34, and Florida Governor Ron DeSantis (R) at $0.19. Biden has held the lead in this market since Jan. 22, 2023. No other candidate has…

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