UK economy to avoid recession but inflation still a worry, IMF says
The International Monetary Fund says the British economy will avoid falling into recession this year
2023-05-23 20:49
How you can prepare for a debt default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday, saying she expects the US not to be able to pay all of its bills in early June.
2023-05-23 20:24
Jamie Dimon warns of a commercial real estate downturn
Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimon.
2023-05-23 19:56
Dollar strengthens broadly on Fed rate expectations
By Samuel Indyk LONDON The U.S. dollar rose for a second day on Tuesday, briefly touching a six-month
2023-05-23 19:22
Russia energy exports to China to grow by 40 percent: deputy PM
Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said Tuesday, as Moscow seeks to deepen ties with Beijing...
2023-05-23 18:56
Singapore Orders Review After Outcry Over Ministers’ Home Rents
Singapore Prime Minister Lee Hsien Loong ordered a review after questions were raised in parliament and on social
2023-05-23 18:56
Russia fights alleged incursion from Ukraine for second day, reports more drone attacks
Russian troops and security forces are fighting for a second day against an alleged cross-border raid that Moscow blamed on Ukrainian military saboteurs but which Kyiv portrayed as an uprising against the Kremlin by Russian partisans
2023-05-23 18:50
EU seeks top court backing in $14 billion tax fight against Apple
By Foo Yun Chee LUXEMBOURG EU competition regulators appealed to the bloc's highest court on Tuesday to override
2023-05-23 18:45
Biden and McCarthy aides hunt for bipartisan debt ceiling deal
By Jarrett Renshaw White House and congressional Republican negotiators will meet again on Tuesday to resolve a months-long
2023-05-23 18:20
IMF Says UK Economy Will Grow Faster Than Germany This Year
The UK economy will grow faster than Germany this year and avoid a recession, the International Monetary Fund
2023-05-23 17:50
Ex-Fed chief Bernanke says labor costs becoming more prominent in inflation
By Howard Schneider WASHINGTON A tight U.S. job market and rising wages are beginning to have more of
2023-05-23 17:48
Biden and McCarthy are projecting optimism, but there's still no debt limit deal
The clock is ticking for President Joe Biden and House Speaker Kevin McCarthy to come to agreement to avoid a first-ever default on the nation's debt. And although there are some positive signs suggesting they're closer to a consensus, there is still no deal.
2023-05-23 17:27