Elizabeth Holmes loses bid to avoid prison
Elizabeth Holmes' last-minute bid to avoid prison was denied by an appellate court on Tuesday, paving the way for the disgraced Theranos founder to begin her sentence.
2023-05-18 03:15
Are you worried about the US defaulting on its debt?
The United States risks could run out of money to pay its bills if Congress is not able to reach an agreement on the debt ceiling. It could happen as soon as June 1, according to warnings from Treasury Secretary Janet Yellen, and could have potentially have far-reaching and dire consequences for Americans, including people who receive benefit payments or run a small business or who are trying to buy a home.
2023-05-18 02:54
US SEC proposes plan to bolster clearing houses' resiliency
By John McCrank NEW YORK The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan
2023-05-18 02:15
South Africa minister denies extensive ANC corruption at power utility, concedes 'naughty' few
A senior South African government minister denied Wednesday there was extensive corruption within the ruling African Nations Congress party in relation to the country’s financially-crippled power utility
2023-05-18 01:54
Ukraine's foreign minister and visiting Chinese envoy discuss peace, but next steps unclear
Ukraine’s foreign minister has met with a visiting Chinese mediator to discuss how to end Russia’s war
2023-05-18 01:52
Bank CEOs huddle with Schumer on the debt ceiling
Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
2023-05-18 01:50
Peace cannot mean ceding territory, Ukraine tells China envoy
Ukraine's foreign minister met China's special envoy to Kyiv on Wednesday, insisting that the war-torn country would not accept a peace plan that relied on...
2023-05-18 01:49
Biden off to Japan for Group of Seven summit, says there's 'work to do' on global stage
President Joe Biden declared Wednesday there’s “work to do” on the global stage as he headed to Japan to consult with allies on Russia’s invasion of Ukraine and China’s assertive influence in the Pacific
2023-05-18 01:27
Twitter is purging inactive accounts including people who have died, angering those still grieving
Elon Musk announced last week Twitter would be “purging accounts that have had no activity at all for several years.”
2023-05-18 01:15
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner A group of Republican-led U.S. states has asked a federal judge in Texas to strike
2023-05-18 00:56
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
2023-05-18 00:51
Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, even as
2023-05-18 00:29