Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:25
Australia forecasts first annual budget surplus in 15 years
The Australian government has forecast the nation’s first balanced annual budget in 15 years but warns that economic pressures such as persistent inflation will sink the country into deeper debt
2023-05-09 19:18
LinkedIn axes 716 jobs in fresh tech cuts, shuts China app
Professional networking platform LinkedIn says it’s laying off more than 700 workers and shuttering its China jobs app
2023-05-09 19:17
China Arrests ChatGPT User Who Faked Deadly Train Crash Story
Chinese authorities have detained a man for using ChatGPT to write fake news articles, in what appears to
2023-05-09 17:53
Oil Drops After Two-Day Surge as China Clouds Demand Outlook
Oil fell after a two-day surge as Chinese trade data highlighted concerns about the nation’s economic recovery and
2023-05-09 17:48
City Veteran Blames London’s Decline on ‘Narrow British Way of Life’
Jan du Plessis is quick to offer a withering assessment of the City of London’s place in the
2023-05-09 16:48
Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B
Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns
2023-05-09 16:16
China's shrinking imports, slower exports growth darken economic outlook
By Joe Cash BEIJING China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing
2023-05-09 15:19
UBS to take in Credit Suisse CEO as merger closes in 2 weeks
UBS says it’s bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks
2023-05-09 14:25
Stock market today: Asia shares trade mixed ahead of reports
Asian shares are trading mixed as investors take a wait-and-see view on the week ahead that’s full of reports on some of the market’s biggest worries, including stubbornly high inflation across the economy
2023-05-09 14:18
Saudi Aramco to Boost Dividend With Performance-Based Payout
Saudi Aramco said it will introduce performance-linked dividends that will be paid out in addition to its base
2023-05-09 13:48
Trump forum a big test for CNN, moderator Kaitlan Collins
Donald Trump's town hall forum on CNN on Wednesday is the first major TV event of the 2024 presidential campaign, and a big test for the chosen moderator, Kaitlan Collins
2023-05-09 12:25