Germany Needs €14 Billion to Make Gas and Heating Networks Clean
Germany expects the cost of transforming its natural gas and heating networks to reach as much as €14
2023-06-02 23:45
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:24
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Netflix shareholders reject sky-high executive pay packages
Netflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company's top executives including for co-CEOs Ted Sarandos and Greg Peters.
2023-06-02 22:16
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:20
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:17
Fed's new projections may fill the void on interest rate guidance
By Howard Schneider WASHINGTON Federal Reserve officials, whose hike, skip or pause messaging on interest rates has become
2023-06-02 18:28
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand
2023-06-02 16:51
Debt ceiling news - live: Senate passes debt limit deal bill sending it to White House for Biden signature
The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?
2023-06-02 16:18
Australia's largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY Australia's largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers
2023-06-02 13:49
As legal gambling surges, should schools teach teens about risk?
Warnings about the potential dangers of gambling could soon join education about drugs and alcohol in the nation's classrooms
2023-06-02 13:28
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
An amendment to strip language from the debt-ceiling bill expediting approval of a multi-billion-dollar natural gas pipeline failed
2023-06-02 11:29