McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:20
China Export Growth Slows, Imports Plunge as Recovery Wanes
China’s export growth slowed in April while imports plummeted, adding to pressures on an economic recovery that’s already
2023-05-09 12:18
Russia Is Trying to Erase Ukrainian Identity in Areas It Occupies
Behind the front lines of the war, Russian forces are trying to ensure that the territory they have
2023-05-09 12:17
Bankman-Fried Asks Judge to Dismiss Post-Extradition Charges
Former FTX Chief Executive Officer Sam Bankman-Fried asked a judge to dismiss several criminal charges against him, arguing
2023-05-09 12:00
Wealth Summit Latest: Hong Kong’s Property Market Is Rebounding
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading
2023-05-09 10:22
Condom Maker Set for Trading Debut in Mumbai, Testing Appetite for India IPOs
Mankind Pharma Ltd. is set to start trading in Mumbai on Tuesday after raising 43.3 billion rupees ($529
2023-05-09 10:15
Biden meets Republican leaders in debt limit standoff
President Joe Biden will convene a high-stakes meeting with Republican leaders Tuesday in hopes of breaking an impasse over the US debt limit -- with repercussions that could...
2023-05-09 09:58
Analysis-Thai household debt in election focus as millions in 'endless struggle'
By Devjyot Ghoshal, Juarawee Kittisilpa and Orathai Sriring BANGKOK Kavita Wongyakasem runs a small business in Bangkok, owns
2023-05-09 09:51
Biden Says Striking Hollywood Writers Deserve a ‘Fair Deal’
President Joe Biden said striking film and TV writers should receive a contract that properly pays them for
2023-05-09 09:24
Mexico Top Court Votes to Invalidate Part of Electoral Reform
Mexico’s Supreme Court annulled part of a reform of the country’s electoral rules that had been sponsored by
2023-05-09 08:25
After $1.8 Billion of Outflows, Asia’s Worst-Performing Stock Market Is Set for Election Boost
Thai investors are pinning their hopes on the general election to revive stocks in Asia’s worst-performing market this
2023-05-09 07:28
Trump Ally Sidney Powell Defeats One Ethics Probe, Now Faces a New One
Conservative attorney Sidney Powell recently prevailed against an ethics case in Texas tied to her failed legal fight
2023-05-09 06:57