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
Boeing CEO says resolving supply chain constraints is 'frustratingly slow'
Boeing Co. CEO Dave Calhoun on Friday said progress on resolving supply chain problems has been "frustratingly slow"
2023-06-02 20:54
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:46
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
Toronto home prices rise in May as sales jump 20%
By Fergal Smith TORONTO Greater Toronto Area (GTA) home prices increased in May from April and sales rose
2023-06-02 17:20
Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
By Mike Dolan LONDON The economic airplane hasn't reached the runway yet and has hit some more heavy
2023-06-02 14:18
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:26
Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
By Abhirup Roy SAN FRANCISCO (Reuters) -Electric truck maker Nikola Corp may execute a reverse stock split if its stock
2023-06-02 06:57
France influencers: Jail threat for those found flouting new ad laws
France's new rules ban or restrict certain commercial practices by online personalities.
2023-06-02 03:29
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:18