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The U.S. House Rules Committee approved a bill brokered by President Joe Biden and Speaker of the House Kevin McCarthy to raise the $31.4 trillion debt
Oil prices fell over 1 percent on Wednesday to extend steep losses from the previous session as weaker-than-expected China data offset signs of progress on the U.
Crude oil prices fell sharply on Wednesday as worries about fuel demand resurfaced after data showed a contraction in manufacturing activity in China..