The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:58
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:55
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:23
Belgorod: Shelling in Russian border region kills two, governor says
Two women were killed by shrapnel as they travelled in a car, officials say.
2023-06-02 18:23
Toronto home prices rise in May as sales jump 20%
By Fergal Smith TORONTO Greater Toronto Area (GTA) home prices increased in May from April and sales rose
2023-06-02 17:19
Report: Jury in the case against Parkland school resource officer Scot Peterson will not visit crime scene, judge rules
The jury in the trial of the former school resource officer who remained outside a Parkland, Florida, high school as a gunman killed 17 people in 2018 will not visit the crime scene, a judge ruled Thursday, according to CNN affiliate WPLG.
2023-06-02 16:46
Ukraine war hasn't changed China's thinking around possible attack on Taiwan, report says
China remains the "leading long-term challenge" to the existing international order and there is no evidence that Russia's faltering invasion of Ukraine has changed Beijing's thinking around "the timescale or methodology" for any potential attack on Taiwan, a top strategic think tank said ahead of a regional security summit in Singapore.
2023-06-02 15:22
Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
By Mike Dolan LONDON The economic airplane hasn't reached the runway yet and has hit some more heavy
2023-06-02 14:19
iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024
Apple's decision to manufacture iPhones in India aims at diversifying its supply chains away from China
2023-06-02 13:58
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 13:48
Franco Mulakkal: Pope accepts resignation of bishop accused of rape
The Vatican had temporarily relieved Franco Mulakkal of his duties when he was arrested in 2018
2023-06-02 12:24
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:17