The U.S. Senate is on track to pass a bill to lift the government's $31.4 trillion debt ceiling late on Thursday, Democratic Majority Leader Chuck Schumer announced, adding, "We are avoiding default tonight."
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Russia said on Thursday it had repelled more cross-border attacks from Ukraine while its aerial assaults on Kyiv killed another three people including a nine-year-old girl and her mother locked out of an air raid shelter.
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The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday as signs of slowing wage pressure raised hopes the Federal Reserve will pause hiking interest rates and investors cheered a vote in Congress to suspend the U.S. debt ceiling.
- WorldBiden says Sweden will 'soon' join NATO at U.S. Air Force address
U.S. President Joe Biden predicted on Thursday Sweden will join NATO "soon", speaking at the U.S. Air Force Academy days after he hinted at a possible deal to overcome Turkey's opposition to admitting the Nordic country to the alliance.




