US President Biden: I made it clear to McCarthy that staff from both sides will hold regular talks in the next few days.

US President Joe Biden: We had good, productive talks on the debt ceiling. We still have work to do.

Australian Prime Minister Albanese: I agree with Biden that we will try to reschedule his visit to Australia as soon as possible.

Australian Prime Minister Albanese: After Biden postponed his trip to Australia, we are holding talks with the Prime Ministers of Japan and India.

Musk: Twitter is currently in a stable state.

Tesla CEO Elon Musk: Tesla has laid the groundwork for the Mexican factory to produce 2 million vehicles a year.

The U.S. government has removed a key hurdle to a proposed lithium mine in Nevada.

Tesla CEO Elon Musk: Tesla is not immune to the global economic environment.

Tesla CEO Elon Musk: The most optimistic guess is that the economy will improve in about 12 months.

The United States imported 508,000 barrels of API crude oil in the week to May 12, the previous value was -276,000 barrels.

In the United States, the API heating oil inventory in the week to May 12 was 13,000 barrels, compared with the previous value of 190,000 barrels.

In the United States, the API refined oil inventory in the week to May 12 was -886,000 barrels, expected to be 200,000 barrels, and the previous value was -3.945 million barrels.

In the United States, API gasoline inventories in the week to May 12 were -2.46 million barrels, expected to be -1.033 million barrels, and the previous value was 399,000 barrels.

US White House: Biden stressed he is optimistic about reaching a budget deal, although more work remains to be done on a range of thorny issues.

White House: Biden directs staff to continue daily meetings on unresolved issues.

The White House says meetings with congressional leaders have been productive.

McCarthy, Speaker of the US House of Representatives: This meeting with Biden is relatively more productive.