Biden asks aides to arrange call with McCarthy as debt ceiling talks appear stalled
President Joe Biden has asked to speak with House Speaker Kevin McCarthy once his meetings conclude in Japan, in hopes of helping to put negotiations to raise the US debt ceiling -- which have appeared mostly stalled since Friday -- back on track.
2023-05-21 17:45
US cities with military bases risk economic damage in debt ceiling fight
The US could default on its debt as soon as under two weeks from now, and cities with a large military presence risk an economic firestorm if lawmakers don't act.
2023-05-20 22:22
This little-known rule shapes parking in America. Cities are reversing it
Approximately 2 billion parking spots cover this country, enough to pave over the entire state of Connecticut. Cities are cracking down.
2023-05-20 17:16
G7 Summit: Africa seeks new role as nations eye its resources
As wealthy nations compete, Africa wants to keep more of the benefits from its natural resources.
2023-05-20 07:53
Treasury burns through funds amid bumpy debt ceiling talks
The Treasury Department is steadily draining the funds it has to pay the nation's bills during the debt ceiling impasse.
2023-05-20 07:21
How tornadoes, crypto and mudslides pushed up the debt default deadline
The so-called X-date, or the day the US government can no longer pay its bills, may be on an accelerated timeline because the federal government collected less money on Tax Day in April than it had anticipated.
2023-05-20 05:18
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars -website
By Hyunjoo Jin SAN FRANCISCO Tesla is offering discounts of more than $1,300 on some Model 3 cars
2023-05-20 02:54
Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. But because of how the company handled backlash to a sponsored post by Dylan Mulvaney, a transgender woman, it's now off the list.
2023-05-20 02:16
Chile's state miner launches subsidiaries to manage lithium takeover plan
SANTIAGO Chilean state miner Codelco, the world's largest copper producer, said on Friday it had created two subsidiaries
2023-05-20 02:15
What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
2023-05-19 23:54
What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:54
Hong Kong exchange to roll out new dual counter model in June
The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on
2023-05-19 17:55