The nation’s top accident investigator says a surge in close calls between planes at U.S. airports this year is a clear warning sign that aviation is under stress

By Abhijith Ganapavaram U.S. private equity firm 777 Partners has said it is in talks with Boeing Co

HELSINKI--(BUSINESS WIRE)--Sep 20, 2023--

China's ruling Communist Party is calling for beefed-up national security measures, highlighting risks from artificial intelligence

Bloomberg Philanthropies unveiled a $50 million initiative Wednesday to help cities address global issues, including climate change, by launching programs proven effective in other cities around the world

By Gertrude Chavez-Dreyfuss NEW YORK Foreign holdings of U.S. Treasuries in August rose to their largest level since

Amazon founder Jeff Bezos’ fund to support homeless families announced $117 million in new grants on Tuesday to organizations across the U.S. and Puerto Rico

SYDNEY--(BUSINESS WIRE)--Oct 25, 2023--

SINGAPORE Goldman Sachs analysts have cut forecasts for China's economic growth, citing persistently weak confidence and the cloud

After years of financial struggles, U.S. trucker Yellow Corp. is reportedly preparing for bankruptcy and seeing customers leave in large numbers

German industrial output fell for a fourth month in August as factory weakness weighs on Europe’s biggest economy.

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