Union sues to strike down US debt limit as default looms
By Daniel Wiessner A union for U.S. federal government employees filed a lawsuit on Monday claiming a law
2023-05-09 03:59
Fed Says First-Quarter Loan Standards Tightened, Demand Weakened
The Federal Reserve said that banks reported tighter standards and weaker demand for loans in the first quarter,
2023-05-09 03:59
Maybe investors shouldn't worry about Buffett's successor
Many investors worry about the future of Berkshire Hathaway after its legendary CEO Warren Buffett is gone, but most of the conglomerate's companies have already made the transition to reporting to the man who will eventually replace the 92-year-old
2023-05-09 03:55
Canada Expels Chinese Envoy, Risking Retaliation in Growing Feud
Prime Minister Justin Trudeau’s government has expelled a Chinese envoy from Canada, a move that could prompt economic
2023-05-09 03:48
Teachers earn $67K on average. Is push for raises too late?
As schools across the country struggle to find teachers to hire, more governors are pushing for pay increases and bonuses for the beleaguered profession
2023-05-09 03:46
Banks report tougher credit standards in wake of failures
A Federal Reserve report shows that banks raised their lending standards for business and consumer loans in the aftermath of three large bank failures
2023-05-09 03:28
Fed survey: Banks are tightening up their lending standards after rate hikes, turmoil
It was already difficult for businesses and households to borrow money earlier this year — but after the collapse of three US regional banks and a cascade of rate hikes by the Federal Reserve, getting money has become a little harder.
2023-05-09 03:21
AP and Alabama's AL.com win 2 Pulitzer Prizes each
The Associated Press has won two Pulitzer Prizes in journalism for its coverage of the Russian invasion in Ukraine, in the categories of public service and breaking news photography
2023-05-09 03:20
Russia bans jet skis, ride-hailing before WWII tributes
Russia is enacting a major security clampdown before annual commemorations marking the defeat of Nazi Germany in World War II
2023-05-09 03:20
Australia to Post First Budget Surplus in 15 Years on Cash Surge
Australia is headed for its first budget surplus since 2008 as windfall tax revenue from a fully employed
2023-05-09 03:18
Republicans ask watchdog to assess US oil reserve management
WASHINGTON Two Republicans on Monday asked a congressional watchdog to assess the Biden administration's management of the Strategic
2023-05-09 02:57
If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:51