For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.

Shares in UK lender Metro Bank sank as much as 31% Thursday following a report that it was urgently seeking to raise funds to shore up its finances.

Carl Icahn and banks have finalized amended loan agreements that untie Icahn's personal loans from the trading price

A mixed US inflation report boosted Asian markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the...

ATLANTA--(BUSINESS WIRE)--Jun 30, 2023--

Crispin Odey’s main hedge fund will be run by his co-manager Freddie Neave following a decision by Odey

Iran is claiming that it has successfully put an imaging satellite into space

Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central...

WASHINGTON--(BUSINESS WIRE)--Jun 8, 2023--

Warner Bros Discovery named Mark Thompson as CEO of CNN on Wednesday, tasking the former New York Times

Oil steadied after a two-day advance as traders count down to a key meeting that will see OPEC+

US comedian Sarah Silverman and two other authors have sued Open AI over copyright infringement in the latest pushback by creatives since the company's release of...