Fed's new projections may fill the void on interest rate guidance
By Howard Schneider WASHINGTON Federal Reserve officials, whose hike, skip or pause messaging on interest rates has become
2023-06-02 18:28
Poland's president proposes urgent amendments to law on Russian influences
Polish President Andrzej Duda has said unexpectedly that he was proposing urgent amendments to a contentious law on Russian that he signed this week and that drew U.S. and European Union criticism
2023-06-02 18:27
Centrist parties alarmed as poll shows growing support for German far right
Prominent members of German mainstream parties have expressed alarm at a new poll released showing support for the far-right Alternative for Germany at a record high
2023-06-02 17:57
Saudi-Russian discord clouds OPEC+ talks
Signs of discord between top crude oil producers Saudi Arabia and Russia are set to overshadow an OPEC+ output policy meeting on Sunday...
2023-06-02 17:54
German finance ministry steps up 2024 budget pressure on ministries
BERLIN Germany's Finance Ministry has informed the other ministries of what budget funds will be available to them
2023-06-02 17:50
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package
2023-06-02 17:30
Taiwan’s DPP Apologizes in #MeToo Case as Tsai Backs Probe
Officials from Taiwan’s ruling Democratic Progressive Party publicly bowed and apologized Friday for the handling of a series
2023-06-02 17:19
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:56
Debt ceiling news - live: Senate passes debt limit deal bill sending it to White House for Biden signature
The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?
2023-06-02 16:18
UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:57
Elon Musk accused of manipulating Dogecoin price in $258 billion lawsuit
Remember when Elon Musk changed Twitter's logo to Doge, the shiba inu dog mascot of
2023-06-02 15:46
How Turkey's president Erdogan has maintained a tight grip on power in the country
Turkish President Recep Tayyip Erdogan takes the oath of office and starts his third presidential term Saturday following his latest election win
2023-06-02 15:31