United States

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…

Biden proposes banning Chinese vehicles from U.S. roads with software crackdown

The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due…

Judge orders would-be Trump assassin Ryan Routh held without bail

A federal judge in Florida on Monday ordered that Ryan Routh, the alleged would-be assassin of Donald Trump, be held…

U.S. keeps missile system in Philippines as China tensions rise, tests wartime deployment

The United States has no immediate plans to withdraw a mid-range missile system deployed in the Philippines, despite Chinese demands, and is testing the…

Federal judge extends block on Biden’s student debt forgiveness plan

A federal judge has extended a temporary restraining order against the Biden administration’s latest student loan forgiveness plan, threatening the White House…

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’

As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…

Ray Dalio names the top five forces shaping the global economy

SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. …

Harris victory seen as most likely election outcome, according to CNBC Fed Survey

For the first time in the 2024 election cycle, Vice President Kamala Harris is viewed as more likely than former…