Treasury Secretary Warns Us Could Default on Its Debt As Soon As June
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Why Trump really could push the U.S. to default on its debt
If Trump is elected president in November, he will face the U.S. government’s growing debt burden. He might try to resolve the issue by defaulting.MarketWatch - Business - Donald Trump -
China warns US not to step on its 'red lines'
US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.BBC News - Top stories - China -
US threatens new China sanctions over supplies to Russian arms industry
After meeting with Xi Jinping in Beijing, Antony Blinken says relations improving but rift remains over Ukraine war. Antony Blinken has warned Xi Jinping at a meeting in Beijing that the US and its European allies are ready to impose new sanctions ...The Guardian - World - China -
Riding in an Uber in NYC Could Soon Come With a Side Order of Ads
Ads, ads, everywhere--even in your rideshare.Inc. - Business -
TikTok could soon be sold. Here's how much it's worth.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.CBS News - Top stories - Tiktok -
Yen Hits New Multidecade Low
The yen hit a fresh multidecade low against the dollar, after Bank of Japan Gov. Kazuo Ueda disappointed traders seeking hints on further rate increases.The Wall Street Journal - World -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
Millions more Americans could become eligible for overtime pay.NBC News - Top stories -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
Roku warns of tougher bar for growth ahead. An analyst says that is its ‘fundamental risk.’
TV-streaming service Roku Inc. on Thursday forecast second-quarter sales that were above expectations, but warned of a higher bar for growth up ahead and moderating profit in the second half of the year.MarketWatch - Business -
US TikTok ban would be 'devastating', UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.BBC News - Top stories - United Kingdom -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - World - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - World - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
How economists could make themselves more useful
There is a gap between the research supplied by academia and what policymakers actually wantFinancial Times - World -
How economists could make themselves more useful
There is a gap between the research supplied by academia and what policymakers actually wantFinancial Times - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Eddie Howe reveals £100m Bruno Guimarães release clause ends in June
Newcastle manager wants to build team around midfielderPSG and both Manchester clubs admire Brazil internationalEddie Howe has revealed that Bruno Guimarães’s £100m release clause expires in the final days of June and hopes that will save ...The Guardian - World -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - Business - China -
Secretary Buttigieg unpacks new rules on airline fees and refunds
The Transportation Department announced new rules Wednesday requiring airlines to issue automatic cash refunds for flight cancelations or delays, delayed baggage returns and services like Wi-Fi or seat selection that are paid for but not provided. ...CBS News - Top stories -
China's Xi says the U.S. needs to accept Beijing's rise for bilateral relations to improve
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.CNBC - Business - China -
How Duke could use Purdue transfer Mason Gillis as the glue that holds the Blue Devils together
Gillis will bring a critical ingredient a 2024-25 roster that will otherwise be highlighted by star prospectsCBS Sports - Sports