Congress must address debt ceiling by June 5, Yellen warns
Congress must address the debt ceiling by June 5 or the US Treasury will not have enough funds to pay all of the nation's obligations in full and on time, Treasury Secretary Janet Yellen said Friday.
2023-05-27 04:19
Elon Musk's brain implant company Neuralink says it has US approval to begin trials in people
Elon Musk’s brain implant company Neuralink says it's gotten permission from U.S. regulators to begin testing its device in people
2023-05-27 02:24
Cardinal blasts vendettas, 'plots against me' in Vatican financial trial
A Vatican cardinal on trial in the Holy See’s big financial crimes case has complained he can't properly defend himself because prosecutors have withheld key evidence
2023-05-27 01:26
Treasury's Yellen notes US economic resilience in meeting with IMF's Georgieva
WASHINGTON Treasury Secretary Janet Yellen spoke about the U.S. economy's resilience in the face of global headwinds in
2023-05-27 00:47
Fed 'pause' on rate hikes in doubt after strong US data
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers got a dose of unexpectedly strong U.S. economic data
2023-05-27 00:47
Hugh Grant's lawsuit alleging illegal snooping by The Sun tabloid cleared for trial
A London court has rejected an attempt by the publisher of The Sun newspaper to throw out a lawsuit by actor Hugh Grant alleging that journalists and investigators it hired illegally snooped on him
2023-05-26 23:29
First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan
About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase
2023-05-26 23:22
Crash of private Japanese moon lander blamed on software, last-minute location switch
A Tokyo company whose lunar lander slammed into the moon says a software issue and a last-minute switch in the touchdown location led to the crash
2023-05-26 23:18
OpenAI boss downplays fears ChatGPT maker could leave Europe over AI rules
OpenAI CEO Sam Altman is downplaying worries that the ChatGPT maker could exit the European Union if it can’t comply with the bloc’s strict new artificial intelligence rules
2023-05-26 22:59
UK's Treasury chief accepts that recession may be necessary to get inflation down
Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation
2023-05-26 21:56
Stock market today: Tech lead more gains in early trading on Wall Street
Stocks are opening higher on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence
2023-05-26 21:48
After yearslong delay, DEA revokes license of wholesale drug distributor over opioid crisis failures
The U.S. Drug Enforcement Administration has stripped one of the nation’s largest pharmaceutical distributors of its license to sell highly addictive painkillers after determining it failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis
2023-05-26 21:26