Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:24
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation's
2023-06-02 21:58
Chinese Stocks in US Rally on Sign That Policy Support May Come
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to
2023-06-02 20:17
Senate passes bill to block Biden's student loan forgiveness program
Both the Senate and the House have now passed a bill to block President Joe Biden's student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers but has been held up by courts.
2023-06-02 02:55
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:28
Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps
Alibaba Group Holding Ltd. is integrating its most advanced artificial intelligence system into its Slack-like DingTalk messaging app
2023-06-01 10:54
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 10:20
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:26
Debt ceiling deal exposes Biden and McCarthy's weaknesses with their parties' extremes
President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.
2023-05-30 12:23
Dimon Confronts New China Reality in First Visit Since Covid
When Jamie Dimon takes center stage at JPMorgan Chase & Co.’s China summit Wednesday, he’ll be confronting a
2023-05-30 08:23
Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd.
2023-05-30 07:56
Lawmakers race to secure US debt deal votes as deadline looms
A deal to raise the debt ceiling must now pass in the narrowly-divided House of Representatives.
2023-05-30 02:58