Bloomberg Business

House Republicans to Propose $1.5 Trillion Debt Limit Increase

House Republicans will seek to raise the US debt limit by $1.5 trillion or until March 31, 2024, in exchange for spending cuts in a proposal they plan to put up for a vote next week, according to two lawmakers who have been briefed on the plan.

Italy Eyes Taiwan Chip Deals Ahead of Decision on China Pact

Italian officials hinted in private talks with Taiwan that they may be willing to pull out of a controversial pact with China as they sought to secure help with semiconductors, according to people familiar with the issue.

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