By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with

By Jeffrey Dastin Alphabet Inc's Google on Wednesday is expected to unveil more artificial intelligence in its products

NEUCHATEL, Switzerland--(BUSINESS WIRE)--Oct 9, 2023--

Sweden’s housing market keeps defying rising credit costs with prices rising for a third month in a row,

Legal & General Group Plc has named an outsider as its next chief executive officer to replace Nigel

The legendary venture firm Sequoia Capital has cut seven people in its talent operations division, a sign of

A struggling Italian football club has won a reprieve on its state-backed loans in an unusual deal that’s

Tim Scott is laying the groundwork for his upcoming 2024 presidential run, hiring two well-known Republican political consulting

House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...

President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the

Three visual artists are suing artificial intelligence image-generators to protect their copyrights and careers

As the US and its allies fret over Canada’s allegation that India orchestrated the murder of a Sikh