Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:55
Judiciary confiscates passports of Lebanon's central bank chief after French arrest warrant
Lebanese judicial officials say a udge has questioned the country’s embattled central bank governor and confiscated his Lebanese and French passports following an arrest warrant from France over corruption charges
2023-05-24 22:49
Social Security, healthcare, veterans likely casualties of US debt default
The White House and Congressional Republicans are still locked in crunch talks to try and avert the first debt default in US history, which Treasury officials have warned could come...
2023-05-24 22:16
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:58
Murmurs grow within Fed about tweaking 2% target once inflation recedes
By Michael S. Derby A couple of regional Federal Reserve presidents recently have signaled an openness to examining
2023-05-24 21:57
Debt-Limit Talks Stall as Time Runs Short to Avert US Default
Debt limit talks in Washington have hit a fresh impasse with negotiators far apart on key issues, especially
2023-05-24 21:19
Germany cracks down on climate activists after Scholz calls protest group 'nutty'
German police raided 15 properties linked to the Last Generation climate activist group Wednesday, seizing assets as part of an investigation into its finances
2023-05-24 20:48
Citigroup to pursue IPO for its Mexico retail unit after sale fails
(Reuters) -Citigroup Inc will pursue an initial public offering of its Banamex unit that consists of its consumer, small business
2023-05-24 20:45
IMF Chief Reassures on Debt Deal; Roubini Sees Risk: Qatar Forum
The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt
2023-05-24 20:17
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:55
Israel Passes Budget With Big Grants to Ultra-Orthodox
Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements
2023-05-24 19:54
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:53