White House, Republicans Reach Deal to Avert US Default
White House and Republican negotiators reached a tentative deal to raise the US debt ceiling and avert a
2023-05-28 09:21
Texas AG Ken Paxton Impeached by Republican-Led State House
Texas Attorney General Ken Paxton was impeached in an extraordinary vote by the state’s Republican-dominated House of Representatives,
2023-05-28 06:29
ECB Near ‘Top of Ladder’ on Rate Tightening, Makhlouf Says
The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to
2023-05-27 22:26
‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities
The US is becoming increasingly split between high-priced cities where the rich and powerful congregate and more affordable
2023-05-27 21:25
Key GOP Negotiator Says ‘Thorny’ Issues Unsettled in Debt Deal
Representative Patrick McHenry said Saturday that there are still “thorny issues” in the negotiations between House Republicans and
2023-05-27 20:56
Your Saturday UK Briefing: Problems in the UK? Blame Inflation
Hello from London, where as one of our senior editors put it, a recession is fine as long
2023-05-27 20:27
Charting the Global Economy: German Growth Outlook Deteriorates
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-27 17:23
Iceland Wage Restraint Needed to Slow Hikes, Central Banker Says
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the
2023-05-27 17:20
What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:15
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:49
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:29
Trump Argues Carroll Libel Suit Fails Because of Verdict in Parallel Case
Donald Trump claims a jury finding that he wasn’t liable for raping E. Jean Carroll derails her other
2023-05-27 06:15