NASHVILLE, Tenn.--(BUSINESS WIRE)--Jun 28, 2023--

The Biden administration said on Wednesday it raised $105 million from solar power developers at a lease auction

OKLAHOMA CITY--(BUSINESS WIRE)--Jun 28, 2023--

Republicans leading two powerful House committees are accusing Federal Trade Commission Chair Lina Khan of giving “misleading testimony”

A Belgium-based chemical company will spend nearly $393 million under a settlement to clean up contamination from its so-called forever chemicals in New Jersey’s drinking water and soil and to compensate for the environmental damage they caused

By Jorgelina do Rosario LONDON The International Monetary Fund executive board will meet on July 12 to complete

By Andrew Goudsward Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding

Nigerians marked the Muslim festival of Eid al-Adha on Wednesday with prayers, celebrations and family dinners as many navigated high inflation, a steep currency...

Oracle Corp. said its industry-leading database software can be used with a new type of processor for the

The global economy and inflation have so far proved surprisingly resilient to a barrage of interest-rate increases, prompting

President Joe Biden has begun using a continuous positive airway pressure, or CPAP, machine to treat longstanding sleep

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024