By David Morgan WASHINGTON A feud over spending cuts between hardline and centrist Republicans in the U.S. House

CANNES, France--(BUSINESS WIRE)--May 28, 2023--

Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising

SAN DIEGO--(BUSINESS WIRE)--Jun 19, 2023--

US President Joe Biden on Thursday tapped Penny Pritzker, a billionaire businesswoman who served as commerce secretary, to encourage investment in Ukraine, which is expected to need hundreds of billions...

By David Milliken LONDON (Reuters) -Key drivers of British inflation such as wage growth and core goods prices are on

President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement to avert a catastrophic and unprecedented default on America’s sovereign debt, ending a monthlong standoff that threatened the US and global economies. The White House said Mr Biden and Mr McCarthy spoke by phone for roughly 90 minutes late Saturday. The president also spoke with Democratic congressional leaders as the talks between the White House and the Republicans who control the House of Representatives entered final stages after days of back-and-forth over GOP demands to add work requirements for food assistance and other programs meant to help lower-income Americans. One source familiar with the matter described the president and the House Speaker as having come to an “agreement in principle” that would limit federal spending while raising the nation’s statutory debt limit by an amount large enough to keep the issue off the table through the November 2024 general election. More follows...

BEIJING/HONG KONG (Reuters) -China's largest commercial property developer Dalian Wanda Group on Thursday said it is appealing a court decision

Filipinos began arriving in Hawaii more than a century ago to work on sugarcane and pineapple plantations to support their families back home

SHENZHEN, China--(BUSINESS WIRE)--Jul 27, 2023--

Canada's second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in

By Anirudh Saligrama BlackRock has announced layoffs that would impact less than 1% of its workforce as a