From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
The CEOs of some of America's biggest companies are in China this week to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions.
2023-05-31 17:58
House to vote on debt limit deal as lawmakers race to avert default
The House of Representatives is on track to vote Wednesday on a bill to suspend the nation's debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default.
2023-05-31 17:15
Debt deal avoids the really tough decisions
The US government took one step back from self-inflicted economic disaster on Tuesday.
2023-05-31 12:28
Debt limit deal clears key hurdle ahead of final House vote
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
2023-05-31 10:21
Amanda Seyfried says Elizabeth Holmes' sentence is 'fair' as former exec reports to prison
As Elizabeth Holmes reported to prison on Tuesday, Amanda Seyfried shared her thoughts on the disgraced Theranos founder's sentence.
2023-05-31 09:17
Court grants Sackler family immunity in exchange for $6 billion opioid settlement
Members of the billionaire Sackler family will be protected from current and future lawsuits over their role in their Purdue Pharma's opioid business, a New York court of appeals ruled Tuesday.
2023-05-31 07:54
Minnesota governor signs bill legalizing recreational marijuana starting in August
Minnesota’s governor has legalized recreational marijuana for people over 21 starting in August
2023-05-31 06:50
Watchdog group files FEC complaint over planned DeSantis super PAC transfer
A watchdog group on Tuesday filed a complaint to the Federal Election Commission targeting allies of Florida Gov. Ron DeSantis, who have planned for nearly a year to transfer tens of millions of dollars to a super PAC supporting his presidential bid.
2023-05-31 04:55
US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions
US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make it through Congress and on reports of tensions between Saudi Arabia and Russia ahead of a key OPEC+ meeting.
2023-05-31 03:28
Delta Air Lines hit with lawsuit over claims of carbon neutrality
A consumer class action lawsuit filed Tuesday claims Delta Air Lines inaccurately billed itself as the world’s “first carbon-neutral airline” and should pay damages
2023-05-31 03:26
Minnesota governor signs bill to legalize marijuana, effective this summer
Minnesota Democratic Gov. Tim Walz signed a bill Tuesday that legalizes recreational marijuana for people over the age of 21
2023-05-31 02:51
Euro zone lending takes another hit from higher rates
FRANKFURT Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in
2023-05-31 02:49