WASHINGTON Jan 31 The U.S. Senate on Thursday gave final Congressional approval to a bill allowing the government to borrow money beyond its record $16.4 trillion record debt limit, clearing the way for President Barack Obama to sign it into law.
The Democratic-led Senate passed the bill, 64-34, a week after the Republican-controlled House of Representatives approved it, 285-144.
The measure is designed to postpone for at least a few months another big showdown in a sharply divided Washington on spending cuts and tax hikes.
Home Capital sees 2nd-qtr loss on costs related to liquidity issue
June 29 Canadian lender Home Capital Group Inc said on Thursday it expects to record a loss in the second quarter due to costs related to its efforts to shore up liquidity.