House Speaker McCarthy says debt ceiling negotiations can’t resume until Biden returns from G-7 summit
House Speaker Kevin McCarthy told reporters on Saturday that debt ceiling negotiations can’t resume until President Joe Biden returns to Washington, D.C.
Russia seeking to disrupt Ukraine’s preparations for counterattack, Kyiv says
Russia has shifted the focus of its missile strikes on Ukraine to try to disrupt preparations for a Ukrainian counterattack, an official said.
Hiroshima G-7 marks costs of war and welcomes Ukraine’s Zelenskyy
The Group of Seven rich nations are not seeking a policy designed to harm China or hinder its economic progress, their communique said.
White House, Republican team say no progress in debt ceiling talks
A second meeting on Friday between White House and Republican congressional negotiators broke up with no progress.
China-Taiwan tensions could grip 2024 election as Musk, Buffett and Dalio sound alarms
Elon Musk, Warren Buffett, Ray Dalio and others have weighed in on the fraying U.S.-China relations and rising tensions over a possible invasion of Taiwan.
Five takeaways about the consumer from Walmart, other retailers after a big week of earnings
Walmart, Home Depot and Target offered up the latest clues about the health of the American consumer and previewed what could be ahead for the economy.
Fed Chair Powell says rates may not have to rise as much as expected to curb inflation
Powell spoke Friday at a “Perspectives on Monetary Policy” panel in Washington, D.C.
Turkey’s Erdogan touts ‘special relationship’ with Putin, stands by his refusal to impose sanctions
The powerful Turkish leader’s closeness to Putin, despite its membership in NATO, has made many Western leaders and diplomats nervous.
Debt ceiling talks resume after Republicans trigger brief pause
The White House and Republican lawmakers are under intense pressure to reach a deal before June, when the U.S. could default on its debt.
The A.I. play you haven’t heard of yet
Investors may be underestimating this under-the-radar software stock as one of the next AI leaders.
