Australia's Westpac Banking Corp on Tuesday said it was aware of legal proceedings launched by the country's corporate

The economic core of the Biden administration’s much-touted Indo-Pacific strategy to counter China is fraying, frustrating allies even

A federal judge in Florida who handled Donald Trump’s dispute last fall with the Justice Department over classified

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

HIROSHIMA, Japan Leaders of the world's richest democracies said on Sunday they would not back down from supporting

Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as

Tesla has begun notifying current and former employees whose information was included in a confidential data breach in May.

Catalent Inc. shares rose after the troubled contract drug manufacturer gave investors some reassurance about a slashed fiscal

NEW YORK--(BUSINESS WIRE)--Jun 6, 2023--

WASHINGTON U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing

BRUSSELS Facebook owner Meta Platforms and social media company Snap have been given a Dec. 1 deadline by

US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases...