Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:20
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:17
US food aid could shrink under debt ceiling deal, hunger groups warn
By Leah Douglas WASHINGTON Changes to the largest U.S. food aid program in the debt deal passed by
2023-06-02 18:27
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:27
Amazon Faces EU Review for $1.65 Billion iRobot Purchase
Amazon.com Inc.’s $1.65 billion planned takeover of Roomba vacuum maker iRobot Corp. faces a European Union merger review,
2023-06-02 00:59
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
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave
2023-06-01 22:52
Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
By David Lawder WASHINGTON U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay
2023-06-01 18:19
US Senate aims for quick passage of debt ceiling bill to avoid default
By Richard Cowan and David Morgan WASHINGTON The U.S. Senate on Thursday was set to take up a
2023-06-01 18:17
Senate races to avert default but vote timing unclear for debt limit bill
Senators are racing the clock to pass a bill to to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.
2023-06-01 17:25
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK Large U.S. companies have been on a bond
2023-06-01 12:29
Crypto Rues Bitcoin’s Decoupling From AI-Fueled Tech Stock Gains
Crypto fans are now paying a price for Bitcoin’s weakened correlation with technology stocks. The top digital asset
2023-06-01 11:16