Biden says he's confident leaders will reach an agreement on debt limit
President Joe Biden on Wednesday sought to lay out how he'll continue to negotiate with congressional leaders on the budget to raise the debt ceiling -- underscoring that all parties agreed that the United States would not default.
2023-05-17 23:54
IRS chief acknowledges Black taxpayers face higher probability of being audited
Internal Revenue Service Commissioner Daniel Werfel acknowledged in a letter to the US Senate on Monday that Black taxpayers are audited at significantly higher rates than non-Black taxpayers, a revelation he said has left the agency "deeply concerned."
2023-05-17 23:45
Want a free 55-inch TV? The catch: nonstop ads, less privacy
Meet Telly, the startup company looking to give away free 55-inch televisions. There's a catch: a second screen attached to the bottom streams non-stop information and advertising based on the household's extensive personal data.
2023-05-17 23:23
US debt ceiling: New negotiators aim to break deadlock
President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.
2023-05-17 22:56
Biden's past support of work requirements in safety net programs in the spotlight
With work requirements for safety net programs emerging as a central issue in the debt ceiling negotiations, President Joe Biden's past support of such mandates is a point of optimism for Republicans and of concern for his fellow Democrats.
2023-05-17 22:52
How to protect your investments in the debt ceiling standoff
No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit.
2023-05-17 22:46
A new CEO won't fix Twitter's biggest problem
During his six months as Twitter's CEO and owner, Elon Musk decimated its ad business, alienated some news publications and VIP users, and plunged the platform into a constant state of chaos. Now, a new chief executive will be tasked with trying to turn things around.
2023-05-17 20:49
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN Telecom Italia's top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo
2023-05-17 19:59
Goldman Sachs Slashes Adani Group Stakes From Its ESG Funds
The investment arm of Goldman Sachs Group Inc. dramatically reduced its exposure to the Adani Group in its
2023-05-17 18:54
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m in restitution to the victims of the scandal.
2023-05-17 17:50
Stellantis says UK car factories will close if Brexit deal isn't changed
British car factories will be forced to close with the loss of thousands of jobs if the government does not renegotiate its Brexit trade deal immediately, automaker Stellantis warned on Wednesday.
2023-05-17 17:45
UBS says it was rushed into unwanted Credit Suisse rescue merger
By Kane Wu HONG KONG UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG
2023-05-17 13:53