Analysis-Risk of US downgrade still on the cards despite debt deal
By Davide Barbuscia NEW YORK While a U.S. default on its debt has been averted, the possibility of
2023-06-02 23:55
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:18
Netflix shareholders reject sky-high executive pay packages
Netflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company's top executives including for co-CEOs Ted Sarandos and Greg Peters.
2023-06-02 22:23
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation's
2023-06-02 21:45
CDS panel asked whether payment failure occurred for Casino
An investor has asked a panel that rules on credit default swaps (CDS) whether a "failure to pay"
2023-06-02 20:28
Analysis-Despite chaos and risk, Washington sticks with its debt ceiling
By Andy Sullivan WASHINGTON The latest standoff over the U.S. debt ceiling, resolved just days before the government
2023-06-02 20:26
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:29
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:26
US food aid could shrink under debt ceiling deal, hunger groups warn
By Leah Douglas WASHINGTON Changes to the largest U.S. food aid program in the debt deal passed by
2023-06-02 18:17
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand
2023-06-02 16:45
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:58