US debt ceiling: Negotiators agree a deal in principle, McCarthy says
The White House and the Republicans are now said to be ironing out details of a bill to avert a default.
2023-05-28 09:17
Modi to Unveil New Parliament, Reshaping India’s Power Center
India’s corridors of power are getting a makeover — part of Prime Minister Narendra Modi’s efforts to cement
2023-05-28 08:53
South Korea to Avoid Cashing In on China’s US Chipmaker Ban
South Korea will avoid capitalizing on China’s ban on a US chipmaker, seeing the move by Beijing as
2023-05-28 07:48
Argentina Economic Chief to Fly to China for Swap Line Talks
Argentine Economy Minister Sergio Massa will travel to China next week in a bid to free up more
2023-05-28 06:20
US Jobs Report Is Set to Provide Some Solace to the Fed
US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace
2023-05-28 04:25
Lawyer apologizes for fake court citations from ChatGPT
The meteoric rise of ChatGPT is shaking up multiple industries -- including law. A lawyer for a man suing Avianca Airlines apologized in court after at least six cases as research for a brief were bogus, made up by ChatGPT.
2023-05-28 04:24
SoftBank May Be Joining the Private Credit Boom: Credit Weekly
SoftBank’s mooted plan to move into private credit is the latest sign the market’s having what Blackstone Inc.
2023-05-28 04:22
Colombia Needs New Oil Drilling, Former Finance Chief Says
Colombia needs new oil exploration after a drop in the nation’s proven reserves as the government seeks to
2023-05-28 03:25
Chile Sees Lithium Plan Expanding Trade Ties, Foreign Investment
Chile’s government expects its new lithium strategy to expand international trade relationships while attracting more foreign investment to
2023-05-28 01:55
Debt limit negotiators race the clock to finalize debt deal as risk of default grows
White House and House GOP negotiators are racing to finalize a deal to raise the nation's debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.
2023-05-27 20:57
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
Credit ratings agencies like Moody's decide the US credit rating. Here's what you need to know about them
Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. What are they, and how do they decide the US sovereign debt rating?
2023-05-27 19:00