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April 01 2023, 08:00
It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley Bank and Signature Bank left in the wake of their collapses earlier this month.
April 01 2023, 08:00
The Federal Reserve's preferred inflation gauge cooled back down in February after ticking up unexpectedly the month before, a welcome sign in the central bank's long battle to bring down historic price increases.
April 01 2023, 08:00
A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario.
April 01 2023, 08:00
A key index measuring the strength of China's massive services sector jumped to its highest level in more than a decade, as the country's economic recovery gained traction.
March 31 2023, 08:00
Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the right-wing network would suffer if it continued aggressively fact-checking then-President Donald Trump's lies after the 2020 election, according to messages that became public Wednesday.
March 31 2023, 08:00
China's newly minted Premier Li Qiang painted a bullish picture of his country's economic recovery at a key business forum this week, as Beijing seeks to win the hearts of global investors and economic leaders after emerging from its long pandemic isolation. "The dynamism and momentum of China's economic growth is strong," Li said Thursday in a keynote speech at the Boao Forum for Asia, a four-day gathering of international business leaders and politicians on the Chinese island of Hainan.
March 31 2023, 08:00
Lake Powell, the second-largest human-made reservoir in the US, has lost nearly 7% of its potential storage capacity since 1963, when Glen Canyon Dam was built, a new report shows.
March 31 2023, 08:00
As bystander and body-worn camera videos have revealed law enforcement failings -- from the murder of George Floyd to the delayed intervention in a Texas school shooting -- even some of the country's most seasoned officers have started to question how US police do their jobs.
March 31 2023, 08:00
At least 35 people were killed Thursday after falling into a stepwell at a Hindu temple in central India after its floor covering collapsed, according to local officials.
March 31 2023, 08:00
Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key technology to China.