Yellen to Update Congress on Default Timing Within Two Weeks
Treasury Secretary Janet Yellen said she expects to update Congress within the next two weeks on how close
2023-05-13 09:57
Popular China Stock Trade Runs Into Geopolitical, Growth Risks
Intensifying geopolitical tussle and dimming economic outlook is threatening to nip one of the few winning China stock
2023-05-13 08:22
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:18
Newsom Proposes Cutting Transit Funding as Systems Beg for Cash
California Governor Gavin Newsom on Friday rejected calls to further subsidize public-transit operators, while slashing funding for new
2023-05-13 07:49
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:59
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:50
California’s Newsom Slams Congress for ‘Dumb’ Immigration Policy
California Governor Gavin Newsom slammed US House Speaker Kevin McCarthy for the country’s broken immigration system as tens
2023-05-13 05:23
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:54
EU Reaches Initial Agreement on Blueprint for China Relations
The European Union’s top envoys sought to project a united front on relations with China, reaching an initial
2023-05-13 03:21
Pakistan's political crisis will deepen its economic misery
The political unrest that's engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International Monetary Fund and exacerbate the country's economic crisis.
2023-05-13 02:27
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
Governor Gavin Newsom said California is facing a $32 billion budget deficit, a deeper hole than previously projected,
2023-05-13 01:57
DeSantis Is Courting Donors at Secret Dinners With One Major Line: I’m the Drama-Free Trump
Ron DeSantis, at a series of private dinners in recent weeks, has intensified his pitch to conservative donors
2023-05-13 01:19