Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department.
2023-05-19 04:22
Hyundai and Kia agree to $200 million legal settlement over theft issues
Korean automakers Kia and Hyundai have agreed to an estimated $200 million class action legal settlement over claims that many of the companies' cars and SUVs are much too easy to steal.
2023-05-19 04:20
Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The young entrepreneur Charlie Javice has been indicted on charges of
2023-05-19 04:19
Hollywood actors' union asks members to authorize possible strike
By Lisa Richwine LOS ANGELES The board of Hollywood's actors union asked members on Thursday to give negotiators
2023-05-19 03:56
Turkish lira hits record low as bonds steady after post-election rout
By Libby George LONDON Turkey's lira weakened to a record low against the dollar on Thursday, after incumbent
2023-05-19 03:50
Biden Intends to Pick Lawyer Anna Gomez for FCC to End Agency Deadlock
President Joe Biden intends to select veteran government lawyer Anna Gomez to serve on the Federal Communications Commission
2023-05-19 03:49
Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury
WASHINGTON U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country's banking system in a
2023-05-19 03:46
Sen. Warren seeks details on 'troubling' sale of First Republic to JPMorgan
By Pete Schroeder WASHINGTON U.S. Senator Elizabeth Warren is questioning federal bank regulators on their decision to sell
2023-05-19 03:46
Why the Supreme Court tiptoeing past a key social media shield helps Big Tech
Google, Twitter, Facebook and other tech companies fueled by social media have dodged a legal threat that could have blown a huge hole in their business models
2023-05-19 03:20
McCarthy and Schumer optimistic about the state of debt talks
Two days after his second recent meeting in the Oval Office to discuss raising the debt ceiling, House Speaker Kevin McCarthy sounded positive about the direction of debt limit talks, telling CNN he sees how they can get to a deal and that he wants a bill on the floor next week.
2023-05-19 03:18
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico halted its steepest-ever series of interest rate rises and promised to keep them stable for an extended
2023-05-19 03:15
Fed's hawks make a pitch against a rate-hike pause
U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit
2023-05-19 02:58