DUBAI (Reuters) – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s…
Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to…
U.S. House eyes creating task force on flawed aviation computer system
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives plans to take up bipartisan legislation next week to establish…
On debt ceiling, White House bets Republicans will blink under pressure
By Trevor Hunnicutt WASHINGTON (Reuters) – The White House is refusing to negotiate with hardline Republicans on raising the debt…
U.S. hits debt ceiling as partisan standoff sparks economic worries
By David Morgan and David Lawder WASHINGTON (Reuters) – The U.S. government hit its $31.4 trillion borrowing limit on Thursday,…
Davos 2023: China reopening? Good for growth, but tread with caution
By Brenda Goh and Lananh Nguyen DAVOS, Switzerland (Reuters) – China’s declaration that it is open for business was welcomed…
Davos 2023: Key takeaways from the World Economic Forum
DAVOS, Switzerland (Reuters) – Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after…
IMF says failure to increase U.S. debt ceiling would have ‘serious repercussions’
(Reuters) – Failure to increase the U.S. debt ceiling would have serious repercussions for the United States and the global…
Intel says Italy still in the game as talks over chip plant continue
MILAN (Reuters) -Italy remains a potential location for Intel to build a new European chip plant, the U.S. chipmaker told…
BoC to raise rates by 25 bps to peak of 4.50% on Jan. 25: Reuters poll
By Swathi Nair BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by a modest quarter…