China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:22
Oil Steadies After Loss as US Debt Talks Take Center Stage
Oil steadied after a two-day drop as investors tracked stop-start negotiations in the US to strike a deal
2023-05-22 06:53
Stock Futures Decline, Currencies in Tight Ranges: Markets Wrap
Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious
2023-05-22 06:52
Biden Says US-China Relations Set to Improve ‘Very Shortly’
US President Joe Biden said he expected ties with China to improve “very shortly” after a spat over
2023-05-22 06:46
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Sachs Group Inc. economists estimated that the Treasury Department will by June 8 or 9 see its
2023-05-22 04:26
Mexico Raises Alert Level on ‘Popo’ Volcano Near Mexico City
Mexico raised its alert level on the Popocatepetl volcano following increased activity and officials were ordered to make
2023-05-22 01:46
McCarthy Says Debt-Limit Talks With Biden Will Resume Monday
House Speaker Kevin McCarthy said he and President Joe Biden will meet Monday afternoon and negotiators will resume
2023-05-22 01:22
McCarthy Plans to Speak with Biden Within the Hour on Debt
House Speaker Kevin McCarthy said he expects to speak with President Joe Biden within the next hour on
2023-05-21 22:54
Yellen Says Odds US Can Pay All Its Bills by June 15 ‘Quite Low’
Treasury Secretary Janet Yellen said the US is unlikely to reach mid-June and still be able to pay
2023-05-21 22:47
Traders Brace for Volatility With US Debt Deal Still Elusive
Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch
2023-05-21 22:28
Biden’s G-7 Focus in Japan Disrupted by Washington Debt Fight
President Joe Biden was physically present at the Group of Seven summit in Japan but his focus was
2023-05-21 22:00
Ukraine Recap: Confusion Over Bakhmut as G-7 Summit Concludes
Ukrainian President Volodymyr Zelenskiy suggested his country was losing control of Bakhmut after months of fierce fighting but
2023-05-21 21:57