Jan 18 WATCH: White House press secretary Karine Jean-Pierre holds news briefing as the nation's debt ceiling deadline approaches By Associated Press As the clock ticks down to the nation's debt ceiling deadline, the White House on Wednesday urged Republicans in Congress to work with President Joe Biden to avoid a potentially dangerous default. Continue reading
Jan 18 WATCH: Justice Department announces arrest of Russian cryptocurrency founder By Eric Tucker, Josh Boak, Associated Press A Russian national who founded a cryptocurrency exchange that the Justice Department says became a haven for the proceeds of criminal activity has been arrested, federal officials said Wednesday. Continue reading
Jan 18 Microsoft cuts 10,000 jobs globally, about 5 percent of workforce By Matt O'Brien, Associated Press Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions. Continue reading
Jan 17 Watch 4:55 How China's population decline could alter the global economy By Geoff Bennett, Teresa Cebrian Aranda The world’s most populous country hit a historic turning point. China announced its first population decline in six decades with 850,000 fewer people at the end of last year than in 2021. Pulitzer Prize-winning author and journalist Mei Fong joined… Continue watching
Jan 17 Watch 8:49 Economists and business leaders raise alarm about looming debt ceiling deadline By Laura Barrón-López, Kyle Midura The U.S. is expected to bump into its borrowing limit in just a few days. The Treasury Department said it is taking "extraordinary measures" to allow the country to keep paying its debts for now, but Congress must vote to… Continue watching
Jan 17 Stocks edge lower on Wall Street amid uncertain trading By Damian J. Troise, Alex Veiga, Associated Press Stocks edged mostly lower in uncertain trading on Wall Street to kick off a holiday-shortened, but earnings-heavy week. Continue reading
Jan 17 The fastest Corvette ever made is an all-wheel drive gas-electric hybrid By Tom Krishner, Associated Press The E-Ray is a gas-electric hybrid, the first all-wheel-drive version of the storied sports car with the front wheels running on an electric motor the traditional 6.2-liter V8 powering the back. Continue reading
Jan 17 Police carry Greta Thunberg, other activists away at German coal mine protest By Kirsten Grieshaber, Associated Press German news agency dpa is reporting that Swedish climate activist Great Thunberg and several other protesters have been carried away by German police from the edge of an open coal pit mine. Continue reading
Jan 17 Ukrainian first lady urges foreign leaders to 'use influence' to stop Russia-Ukraine war By Jamey Keaten, Associated Press Ukraine's first lady warned world leaders at the World Economic Forum's annual gathering that not all of them were using their influence as Russia's invasion leaves children dying and a world struggling with food insecurity. Continue reading
Jan 16 Treasury Secretary Yellen to meet with China's finance minister in Switzerland By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen will meet with her Chinese counterpart, Vice Premier Liu He, in Switzerland on Wednesday to discuss economic developments between the two nations. Continue reading