By Ziyi Tang and Ryan Woo BEIJING Local governments in China have sold record amounts of so-called special

By Francesco Canepa FRANKFURT European Central Bank policymakers are reviewing the interest the bank pays on government cash

Israel supports diplomatic efforts to get Hamas to release hostages from Gaza quickly and in large numbers, a

Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's blockbuster weight-losing

Treasury Secretary Janet Yellen will warn Congress in a speech later Friday morning that a government shutdown would be "dangerous and unnecessary" because it would undermine the American economy and disrupt key government functions.

It's a delicate time for the American economy.

The United States' credit rating could come under pressure if the government shuts down, Moody's Investors Service cautioned Monday.

Corporate America's leaders are mentally preparing for an especially long and chaotic government shutdown.

The UK government has moved to take control of the country's second biggest city, Birmingham, after the local council effectively declared itself bankrupt earlier this month.

After a disappointing video call and an awkward snub at the Group of Seven, Brazil’s Luiz Inacio Lula

In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy.

Philip Jefferson on Wednesday took the oath of office as the Federal Reserve Board's new vice chair, the