Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:22
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:15
Lebanese central bank governor no-show in Paris corruption probe
Lebanon’s embattled central bank governor has failed to appear before French prosecutors in Paris, questioning him in the ongoing European money-laundering and illicit enrichment probe
2023-05-16 20:52
Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:27
Turkey's market rout deepens after Erdogan's strong election showing
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip
2023-05-16 20:16
UK PM Sunak's spokesperson: Brexit has not failed
LONDON Britain's departure from the European Union has not been a failure, Prime Minister Rishi Sunak's spokesperson said
2023-05-16 19:46
Canadian Prime Minister Trudeau arrives in South Korea to discuss trade, North Korean challenge
Canadian Prime Minister Justin Trudeau has arrived in South Korea for a meeting with South Korean President Yoon Suk Yeol at which they are expected to discuss expansion of trade and challenges posed by North Korea
2023-05-16 19:20
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:51
US economy 'hangs in the balance' as debt limit impasse drag on - Yellen
By Andrea Shalal WASHINGTON The standoff over the federal debt limit is already having dire consequences for the
2023-05-16 18:25
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal
The former head of Volkswagen’s luxury division Audi has pleaded guilty to charges tied to the automaker’s diesel emissions scandal
2023-05-16 18:24
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON Democratic President Joe Biden and top congressional Republican Kevin McCarthy will
2023-05-16 18:17
Powell's legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic
2023-05-16 18:16