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
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
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
Biden Faces Progressive Backlash Against Any Debt-Limit Concessions
President Joe Biden faces a fervent campaign from progressive Democrats opposing potential concessions to Republicans to avert a
2023-05-19 02:57
Exxon Says Reaching Net Zero Global Emissions by 2050 ‘Highly Unlikely’
Exxon Mobil Corp. said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is
2023-05-19 02:50
Currency fluctuations' effect on N.American cos fell in Q4, report shows
NEW YORK The negative impact of currency fluctuations on North American companies' results fell in the fourth quarter
2023-05-19 02:49
Bedding-maker Simmons hit with thread-count lawsuit
By Mike Scarcella Simmons Bedding Company LLC has been sued by a consumer who accused the company of
2023-05-19 02:27