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Indian Prime Minister Narendra Modi invited to address Congress 06/02/2023 11:39am • WASHINGTON (AP) — U.S. congressional leaders have invited Indian Prime Minister Narendra Modi to address a joint meeting of Congress during a visit to Washington later this month as the U.S. looks to deepen its bonds with India, the world's most populous democracy, to counter China's growing influ Meet the 14-year-old who won the Scripps National Spelling Bee with 'psammophile' 06/02/2023 09:05am • OXON HILL, Md. (AP) — Fifteen months ago, Dev Shah spent a miserable five hours spelling outdoors in chilly, windy, damp conditions at a supersize regional competition in Orlando, Florida, only to fall short of his dream of returning to the Scripps National Spelling Bee. “Despondent is the right How Biden and McCarthy struck a debt limit deal and staved off a catastrophe 06/02/2023 08:43am • WASHINGTON (AP) — It was advice that Mitch McConnell had offered to Joe Biden once already: To resolve the debt limit standoff, he needed to strike a deal with House Speaker Kevin McCarthy — and McCarthy alone. But after the first meeting of the top four congressional leaders with the president 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 Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes 06/02/2023 12:07am • BEIJING (AP) — Asian stock markets followed Wall Street higher Friday ahead of an update on the U.S. jobs market after Federal Reserve officials reignited hopes another interest rate hike might be postponed and lawmakers gave final approval to a deal to avert a government debt default. Shanghai, T 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 Senate passes bill to raise debt ceiling, staving off default just days before deadline; Biden expected to sign quickly 06/01/2023 10:54pm • WASHINGTON (AP) — Senate passes bill to raise debt ceiling, staving off default just days before deadline; Biden expected to sign quickly. Judge: Diamond Sports must pay full value of contracts to Diamondbacks, Guardians, Twins, Rangers 06/01/2023 09:37pm • A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Arizona Diamondbacks, Cleveland Guardians, Minnesota Twins and Texas Rangers. Judge Christopher Lopez made the ruling on Thursday in Houston. Diamond Sports, which owns 19 networks under the Bal Mortgage Rates Climb as U.S. Narrowly Avoids Default 06/01/2023 08:00pm • Mortgage rates surged higher across the board again, with the 30-year fixed rate increasing for the fourth consecutive week to 7.24%. Both fixed and adjustable mortgage rates are about the highest they've been since we began collecting this data in January 2022, with the 5/1 ARM rate reaching a high US companies, nudged by Black employees, have stepped up donations to HBCUs 06/01/2023 06:28pm • Natalie Coles will never forget receiving an unexpected phone call in 2020. On the line was Virginia-based Dominion Energy, offering to give money to Wilberforce University, the small historically Black college where she is in charge of fundraising. The company’s $500,000 donation went in part to Senate passes GOP bill overturning student loan cancellation, teeing it up for Biden veto 06/01/2023 05:41pm • WASHINGTON (AP) — A Republican measure overturning President Joe Biden's student loan cancellation plan passed the Senate on Thursday and now awaits an expected veto. The vote was 52-46, with support from Democratic Sens. Joe Manchin of West Virginia and Jon Tester of Montana as well as Arizona Se Mid Atlantic Daybook 06/01/2023 04:30pm • Associated Press Mid Atlantic Daybook for Thursday, Jun. 01. The daybook is for planning purposes only and is not intended for publication or broadcast. You should verify any event you plan to cover. Please keep the AP in mind when news develops. The Mid-Atlantic bureau is reachable at 202-641-9660