Ecuador’s main socialist opposition party picked a socially conservative lawyer as its candidate in the upcoming elections, putting her among the favorites to be the nation’s next president.
New York state lawmakers ended the 2023 legislative session without voting on twin bills meant to overhaul the process for restructuring sovereign debt.
There’s more work to be done to tame inflation in Switzerland, according to the country’s central bank chief.
Former President Donald Trump called his federal indictment a “travesty of justice” in his first public appearance since being charged with allegedly mishandling classified materials after he left the White House.
A sharp weekend selloff in crypto led by a slump in smaller digital tokens set off a fresh wave of anxiety among investors, following a week in which a crackdown by the US Securities and Exchange Commission on the sector gained significant pace.
Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.
The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to raise interest rates again.
The stock market is growing more sanguine about US regional banks, but the lenders still face serious pressure.
A stock rally that lasts for too long at this stage could be “dangerous” as it would ease financial conditions, boost inflation and push the Federal Reserve to keep tightening, according to Seema Shah, chief global strategist at Principal Asset Management.
President Joe Biden praised the LGBTQ community’s courage at what he described as the biggest Pride Month celebration yet at the White House, saying they’re an example for the US and the world.
