George Santos in federal custody as Justice Department unseals 13-count indictment
The Justice Department on Wednesday unsealed 13 federal charges against Rep. George Santos -- including fraud related to Covid benefits and using campaign funds for luxury clothing
2023-05-10 23:23
ECB Officials Start to Accept Rate Hikes May Not End in July
European Central Bank officials are starting to accept that interest-rate increases might need to continue in September to
2023-05-10 23:18
Denmark has a debt ceiling, too. It's never been a problem
The United States isn't the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result.
2023-05-10 22:28
Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said
2023-05-10 22:21
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:59
Starbucks adds $1 surcharge for some Refreshers orders
Fans of Starbucks' Refresher drinks will have to pay more if they don't add water.
2023-05-10 21:30
US Rep. Santos charged with fraud, money laundering -statement
NEW YORK Republican U.S. Representative George Santos, who has resisted calls to resign for lying about his resume,
2023-05-10 21:23
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:28
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI The political crisis engulfing Pakistan is eroding hopes
2023-05-10 20:24
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:23
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:49
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:46