Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:19
Australia forecasts first annual budget surplus in 15 years
The Australian government has forecast the nation’s first balanced annual budget in 15 years but warns that economic pressures such as persistent inflation will sink the country into deeper debt
2023-05-09 19:28
Smaller 2023 bonuses for U.S. investment bankers, asset managers -report
By Tatiana Bautzer NEW YORK Asset management executives and investment bankers working on mergers and acquisitions or equity
2023-05-09 18:29
Explainer-Washington edges closer to debt ceiling deadline
By Jason Lange WASHINGTON U.S. President Joe Biden is due to meet on Tuesday with the top Republicans
2023-05-09 18:27
IBM unveils new watsonx, AI and data platform
By Jane Lanhee Lee OAKLAND, California International Business Machines Corp on Tuesday launched watsonx, a new artificial intelligence
2023-05-09 18:24
US small business optimism deteriorates in April, NFIB says
WASHINGTON U.S. small business confidence fell in April on worries about the near-term economic outlook and persistent worker
2023-05-09 18:16
California reparations panel approves $1.2M for each Black resident as state defaults on $18B debt
Experts believe California's decision to default on the $18.6 billion debt would burden employers
2023-05-09 17:52
Who is Clay Travis? His 'free beer' trial shows people ‘don’t want to be seen’ drinking Bud Light
Travis explained how many beer drinkers are now avoiding Bud Light beer to avoid being mocked
2023-05-09 17:50
US debt limit default could hit in early June to early August -think tank
By David Lawder WASHINGTON The U.S. government will begin defaulting on its payment obligations between early June and
2023-05-09 17:27
What to watch for in the Biden-McCarthy debt ceiling meeting
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON U.S. President Joe Biden meets Republican House Speaker Kevin McCarthy and
2023-05-09 17:18
Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B
Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns
2023-05-09 16:27
Asian stocks edge lower amid gloomy China data as US CPI looms
By Kevin Buckland TOKYO Asian stocks eased back from more than two-week highs on Tuesday as traders squared
2023-05-09 14:46