McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:23
Deal or default? Biden, GOP must decide what's on the table
Before President Joe Biden and congressional leaders can even try to avert an unprecedented U.S. government default, their initial challenge on Tuesday will be to agree on what exactly they’re talking about as they hold their first substantive meeting in months
2023-05-09 12:22
China Export Growth Slows, Imports Plunge as Recovery Wanes
China’s export growth slowed in April while imports plummeted, adding to pressures on an economic recovery that’s already
2023-05-09 12:20
Russia Is Trying to Erase Ukrainian Identity in Areas It Occupies
Behind the front lines of the war, Russian forces are trying to ensure that the territory they have
2023-05-09 12:19
FTX founder Sam Bankman-Fried seeks dismissal of indictment
FTX founder Sam Bankman-Fried is seeking a dismissal of criminal charges against him, saying prosecutors have improperly turned civil and regulatory issues into federal crimes
2023-05-09 11:58
Dubai DXB airport Q1 passenger traffic reaches 96% of pre-pandemic level
DUBAI Dubai's main airport registered a 55.8% increase in passenger traffic in the first quarter of this year
2023-05-09 11:57
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him.
2023-05-09 11:55
Bankman-Fried Asks Judge to Dismiss Post-Extradition Charges
Former FTX Chief Executive Officer Sam Bankman-Fried asked a judge to dismiss several criminal charges against him, arguing
2023-05-09 11:53
Hong Kong Says its Crypto Regulations Will Shun Any ‘Light Touch’ Approach
Hong Kong indicated that crypto companies drawn by the city’s push to create a digital-asset hub should expect
2023-05-09 11:51
Pakistan Could Default Without IMF Bailout Loans, Moody’s Warns
Pakistan could default without an International Monetary Fund bailout as its financing options beyond June are uncertain, Moody’s
2023-05-09 11:25
ADVA publishes record revenues in Q1 2023
MUNICH--(BUSINESS WIRE)--May 8, 2023--
2023-05-09 11:25
Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay
Japanese workers’ real wages continued to fall in March, in a weaker-than-expected result for pay that’s under close
2023-05-09 11:24
You Might Like...
US needs $30bn to seal 14,000 unplugged offshore oil and gas wells: study
OpenAI co-founder Altman planning new venture- The Information
Republicans to cut University of Wisconsin budget in ongoing fight over diversity and inclusion
Amundi could offer UniCredit better terms to extend deal -source
Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Qantas Overhauls Leadership for New Era Under Vanessa Hudson
IMF slightly lifts US 2023 growth forecast
China’s Home Sales Drop Most in a Year as Slowdown Worsens