House speaker breaks with Trump over debt limit

WASHINGTON — With just hours to go before the federal government begins shutting down for lack of funds, House Republicans on Friday plan to hold a vote to fund the…

What happens for consumers when the government shuts down?

The US Capitol Christmas Tree is lit up ahead of the Christmas season on the West Lawn of the US Capitol Building in Washington DC., United States on December 3,…

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation…

Russian central bank hikes rates by 200 basis points

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation…

US government shutdown, data and stocks

European markets are set to open lower on Friday as investors monitor political turmoil in the U.S. and monetary policy decisions from various major economies. The FTSE 100 is slated…

Trump-backed bill to avert government shutdown fails

WASHINGTON — A House Republican bill to fund the government for three months and suspend the debt ceiling for two years failed Thursday night, as dozens of rank-and-file Republicans voted…

House Republicans need Trump’s support to avoid government shutdown

U.S. Speaker of the House Mike Johnson (R-LA), and U.S. Senate Majority Leader Chuck Schumer (D-NY) listen during a Hanukkah reception at the U.S. Capitol Building on December 17, 2024…

Congress to vote on new restrictions on U.S. investment in China

Newly-elected members of the U.S. Congress pose for a photo on the steps of the U.S. Capitol in Washington, U.S., November 15, 2024.  Hannah Mckay | Reuters Congress is set to…

Trump picks China critic Glass as Japan envoy

American and Japan flags waving against the sky. Adventtr | Istock | Getty Images U.S. President-elect Donald Trump said on Monday he was picking George Glass, a former investment banker and diplomat…

Majorities in poll give Trump green light for some controversial policies

President-elect Donald Trump dances after speaking during the Fox Nation’s Patriot Awards at the Tilles Center in Greenvale, New York, Dec. 5, 2024. Heather Khalifa | AP Americans say they…