BRICS Seize Chance to Counter US With Expansion, Common Currency
The BRICS group of emerging markets is ramping up its bid for greater global influence, sensing a moment
2023-06-01 12:20
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal
2023-06-01 12:19
FTC hits Amazon with $25 million fine for violating child privacy with Alexa voice assistant
Amazon has agreed to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids’ voice and location data recorded by its Alexa voice assistant
2023-06-01 12:19
Republicans get their IRS cuts; Democrats say they expect little near-term impact
While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector
2023-06-01 12:19
The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
2023-06-01 12:17
US Birthrate Dips Slightly in 2022 After Rebound in Prior Year
The US birth rate declined slightly last year after picking up in 2021 from a multi-decade low in
2023-06-01 12:17
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Asian benchmarks are trading mostly higher after the United States House approved a debt ceiling and budget cuts package, avoiding a default crisis
2023-06-01 11:53
AI Boom Gets Fresh Gut Check as Nvidia Drops Most Since January
Investors riding the rapid ascent of the artificial intelligence theme are experiencing a hiccup as shares of Nvidia
2023-06-01 11:50
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO The Bank of Japan must keep monetary policy ultra-loose as it will take time
2023-06-01 11:46
Elon Musk Goes Silent on Twitter After Arriving In China
Elon Musk, a prolific presence on Twitter and owner of the social media platform, hasn’t tweeted since arriving
2023-06-01 11:46
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:27
Asia’s Super Rich Plan to Invest More in Greater China, UBS Says
Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from
2023-06-01 11:23