Don't store cash in Venmo and PayPal, US regulator warns
Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.
2023-06-03 00:50
UBS CEO warns of painful jobs decisions after Credit Suisse takeover
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following
2023-06-03 00:29
Disney lawsuit judge removes himself from case but not for reasons cited by DeSantis
A federal judge overseeing the First Amendment lawsuit that Walt Disney Parks filed against Gov. Ron DeSantis and others is disqualifying himself, but not because of bias claims made by the Florida governor
2023-06-03 00:26
Citigroup CEO says IPO of Mexico unit is best for shareholders
NEW YORK Citigroup CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex,
2023-06-03 00:24
The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The fear premium baked into Treasury bills once seen as most at risk of a US default due
2023-06-03 00:22
US Spy Chief Made a Secret Visit to China Last Month
CIA Director William Burns made a secret visit last month to Beijing, where he met with Chinese intelligence
2023-06-02 23:53
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:52
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:51
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
Deal approved, Biden will address budget, debt agreement from Oval Office Friday evening
President Joe Biden will speak Friday evening from the Oval Office as he addresses the nation on the budget deal that lifts the federal debt limit
2023-06-02 22:57
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:47