China’s Defense Minister Li Shangfu used a speech in Singapore to attack US strategy toward the Indo-Pacific, saying

The Congressional Budget Office is giving the world a concerning look at the U.S. government’s ledgers

LONDON--(BUSINESS WIRE)--Oct 10, 2023--

Anheuser-Busch InBev's top marketing executive is speaking out following a monthslong boycott of Bud Light that has cost the brand its title as America's top-selling beer.

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...

Fnality International Ltd., which is developing a blockchain-based wholesale payment system, raised £77.7 million ($95.2 million) in a

GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed

NEW YORK--(BUSINESS WIRE)--Sep 7, 2023--

No children's remains have not been found after a two-week archeological dig near the site of a former Native American boarding school in Nebraska

Australia’s consumer confidence stabilized at “near recession lows” as a significant rise in the minimum wage offset the

JD.com Inc. slumped to a record low in Hong Kong as Wall Street brokerages turned bearish on the

By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country's government from agreeing to let