Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’
WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch’s decision to downgrade the United States’ longstanding credit rating that…
U.S. debt downgrade sinks global markets — but economists are not concerned
Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…
International group working to identify Russian forces that carried out grisly war crimes on Kherson prisoners
Editor’s note: The following article contains graphic material detailing reports of torture of people in Ukraine. WASHINGTON — The identification of Russian…
Global food insecurity caused by Russia-Ukraine war tops agenda as U.S. assumes UN Security Council presidency
WASHINGTON — The United States on Tuesday took the helm of the United Nations Security Council for the month of August, a…
Russia watches as Saudi Arabia leads Ukraine peace talks with U.S., world allies
WASHINGTON — Ukraine welcomed Saudi Arabia’s decision to host multinational talks this week on Ukrainian President Volodymyr Zelenskyy’s proposed peace plan, a…
Congress hands the crypto industry two wins and a loss before August recess
WASHINGTON — Lawmakers took big steps this week aimed at regulating digital assets before closing up shop until September. Two…
Senators aim to protect small businesses from foreign IP theft with new bill
WASHINGTON — Senators introduced a bill Thursday that aims to protect the intellectual property of American companies, particularly small business…
Senators spar over whether CFPB has the power to root out junk fees
WASHINGTON — Members of the Senate Banking Committee jostled Wednesday over whether the leading U.S. consumer protection agency has the…
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
Senate passes toned-down bill to increase oversight of investments in Chinese technology
The Senate overwhelmingly backed legislation Tuesday that would require U.S. firms to notify the Treasury when investing in advanced Chinese…
