Politics

European Central Bank hikes rates despite market mayhem, pledges support if needed

The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…

DeSantis first-week memoir sales far outpace books by Trump, Pence, Clinton and Obama

Florida Gov. Ron DeSantis has yet to announce his likely 2024 presidential campaign, but he’s already leading the political field…

Former Trump lawyer Michael Cohen to testify to grand jury in Stormy Daniels payoff probe

Michael Cohen, the former personal lawyer for former President Donald Trump, is set to testify Monday to a grand jury…

Op-ed: Biden’s American Rescue Plan props up underserved communities with jobs, education

Wally Adeyemo is the deputy secretary of the U.S. Treasury Department. Martin Luther King, Jr.’s last speech was given in…

Show me the money: The highest revenue raising taxes in Biden’s proposed budget

President Joe Biden released his 2024 budget plan Thursday that promises to cut the deficit by $3 trillion over the…

Pence says Trump ‘endangered my family’ on Jan. 6

Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6…

Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans

WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature…

Italy’s own version of Alexandria Ocasio-Cortez is shaking up politics in Rome

Italy has a new face in its national politics that’s being compared to Rep. Alexandria Ocasio-Cortez, the popular Democrat lawmaker stateside.…

‘That’s how capitalism works,’ Biden says of SVB, Signature Bank investors who lost money in failed banks

WASHINGTON — President Joe Biden sought to assure customers of Silicon Valley Bank and Signature Bank on Monday that their…

Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon

The coming months will be critical in figuring out how Russia’s economy is holding up in the face of a…