Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:28
Erdogan pays homage to Islamic idol on eve of Turkey vote
Turkish President Recep Tayyip Erdogan pays homage on Saturday to his executed Islamic predecessor in an attempt to rally his conservative base on the eve...
2023-05-27 19:45
US debt ceiling negotiations push towards critical default deadline
By Moira Warburton and Katharine Jackson WASHINGTON Democratic and Republican negotiators said they were hopeful of reaching a
2023-05-27 19:16
Threats to LGBTQ+ creator got so bad after Target partnership, he's relieved they're off shelves
When a Target distributor reached out to Erik Carnell last year about possibly placing his brand, Abprallen, in Target stores, he was thrilled. The feeling didn't last.
2023-05-27 17:17
Charting the Global Economy: German Growth Outlook Deteriorates
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-27 17:17
UK Army Officers Forced Electric Shock Treatment on Gay Soldiers
Gay British soldiers were subjected to electric shock treatment in an effort to “cure” them of their homosexuality,
2023-05-27 16:19
Ukraine Recap: Security Official Says Offensive ‘Ready to Begin’
Ukraine’s bid to retake occupied territory in the nation’s east and southeast is “ready to begin” and could
2023-05-27 15:46
As Turkey heads to runoff presidential race, domestic issues loom large
Turkish President Recep Tayyip Erdogan, who has parlayed his country’s NATO membership and location straddling Europe and the Middle East into international influence, is favored to win reelection in a presidential runoff Sunday, despite a host of domestic issues
2023-05-27 14:48
What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:28
Sunak Faces Trouble Everywhere in Bid to Keep Tory Voters Happy
Rishi Sunak’s election strategists can see their nightmare scenario playing out right in front of them. The UK
2023-05-27 14:19
As Elizabeth Holmes heads to prison for fraud, questions remain about her motives
As Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase
2023-05-27 13:21
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:15