Biden says he's confident leaders will reach an agreement on debt limit
President Joe Biden on Wednesday sought to lay out how he'll continue to negotiate with congressional leaders on the budget to raise the debt ceiling -- underscoring that all parties agreed that the United States would not default.
2023-05-17 23:49
IRS chief acknowledges Black taxpayers face higher probability of being audited
Internal Revenue Service Commissioner Daniel Werfel acknowledged in a letter to the US Senate on Monday that Black taxpayers are audited at significantly higher rates than non-Black taxpayers, a revelation he said has left the agency "deeply concerned."
2023-05-17 23:48
Russia agrees to extend Ukraine grain deal in a boost for global food security
Turkish President Recep Tayyip Erdogan says Russia has agreed to extend a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger
2023-05-17 22:47
Ecuadorian president puts end to impeachment proceedings against him by dissolving National Assembly
Ecuadorian President Guillermo Lasso has put an end to impeachment proceedings against him by dissolving the opposition-led National Assembly which had accused him of embezzlement
2023-05-17 21:54
Exceptional rains in drought-struck northern Italy kill 6, cancel Formula One Grand Prix
Officials say six people are now confirmed dead in northern Italy following floods from rain-swollen rivers
2023-05-17 20:53
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt
2023-05-17 20:17
Ecuadorian president dissolves National Assembly, puts end to impeachment proceedings
Ecuadorian President Guillermo Lasso has put an end to impeachment proceedings against him by dissolving the opposition-led National Assembly which had accused him of embezzlement
2023-05-17 20:15
Ford recalls 310,000 trucks to fix problem with driver's front air bag
Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash
2023-05-17 19:56
Biden to continue debt talks later this week amid G7, White House says
WASHINGTON (Reuters) -U.S. President Joe Biden will continue talks with congressional leaders on the nation's debt limit later this week
2023-05-17 19:49
Automaker warns over UK operations and calls for Brexit trade deal renegotiation
The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its Brexit trade deal with the European Union
2023-05-17 19:29
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
The leaders of South Korea and Canada have vowed to strengthen their security and economic cooperation to address challenges posed by North Korea and expand Canadian supplies of minerals crucial to South Korea’s technology industry as they held a summit in Seoul
2023-05-17 18:29
Futures edge higher as debt ceiling talks grind on, Target results eyed
U.S. stock index futures edged higher on Wednesday as top lawmakers inched closer to a deal to avert
2023-05-17 18:29