McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:20
China Export Growth Slows, Imports Plunge as Recovery Wanes
China’s export growth slowed in April while imports plummeted, adding to pressures on an economic recovery that’s already
2023-05-09 12:18
Russia Is Trying to Erase Ukrainian Identity in Areas It Occupies
Behind the front lines of the war, Russian forces are trying to ensure that the territory they have
2023-05-09 12:17
Bankman-Fried Asks Judge to Dismiss Post-Extradition Charges
Former FTX Chief Executive Officer Sam Bankman-Fried asked a judge to dismiss several criminal charges against him, arguing
2023-05-09 12:00
Hong Kong Says its Crypto Regulations Will Shun Any ‘Light Touch’ Approach
Hong Kong indicated that crypto companies drawn by the city’s push to create a digital-asset hub should expect
2023-05-09 11:56
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him.
2023-05-09 11:48
FTX founder Sam Bankman-Fried seeks dismissal of indictment
FTX founder Sam Bankman-Fried is seeking a dismissal of criminal charges against him, saying prosecutors have improperly turned civil and regulatory issues into federal crimes
2023-05-09 11:47
Japan's spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO Japan's consumer spending unexpectedly fell in March at the fastest rate in a year,
2023-05-09 11:25
Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay
Japanese workers’ real wages continued to fall in March, in a weaker-than-expected result for pay that’s under close
2023-05-09 11:24
Pakistan Could Default Without IMF Bailout Loans, Moody’s Warns
Pakistan could default without an International Monetary Fund bailout as its financing options beyond June are uncertain, Moody’s
2023-05-09 11:21
Dubai main airport sees over 21.2M passengers in early 2023
Dubai International Airport had over 21.2 million passengers pass through its terminals in the first quarter of this year
2023-05-09 11:21
Ukraine Latest: New Attack on Kyiv Is Marked by Explosions
Another aerial attack on Kyiv unfolded early Tuesday morning as multiple explosions were heard in the capital. The
2023-05-09 11:19