Logs show Fed's Powell in whirlwind of meetings during March banking turmoil
Federal Reserve Chair Jerome Powell held a phone call with the head of UBS Group AG in the
2023-06-03 03:20
Trump, GOP Rivals Must Meet Polling, Donor Thresholds for August 23 Debate
Republican presidential candidates will need to meet polling and fundraising requirements and agree to back the eventual nominee
2023-06-03 02:47
US requests dispute settlement consultations with Mexico over GM corn
By Cassandra Garrison MEXICO CITY The United States is escalating its dispute with Mexico over agriculture biotech measures,
2023-06-03 02:19
Outsized US job gains may mask signs of weakness
By Howard Schneider WASHINGTON The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly
2023-06-03 01:59
Disney-DeSantis Case Given to Judge Who Upheld Law Behind Feud
Walt Disney Co.’s lawsuit against Ron DeSantis was reassigned to the Donald Trump-appointed judge who previously upheld the
2023-06-03 01:55
U.S. SEC to dismiss roughly 40 enforcement cases after internal data mishap
By Pete Schroeder WASHINGTON The U.S. Securities and Exchange Commission announced Friday it was dismissing roughly 40 pending
2023-06-03 01:18
Venezuela country profile
Provides an overview of Venezuela, including key dates and facts about this South American country.
2023-06-03 00:59
Don't store cash in Venmo and PayPal, US regulator warns
Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.
2023-06-03 00:47
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:57
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
Mexico accepts U.S. trade request to review labor rights at Goodyear plant
MEXICO CITY Mexico has accepted a request from the United States to review an alleged denial of collective
2023-06-02 19:58
Debt ceiling news - live: Senate passes debt limit deal bill sending it to White House for Biden signature
The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?
2023-06-02 16:22