Senate Judiciary Chairman Dick Durbin said his panel “will act” following a report revealing Supreme Court Justice Clarence Thomas has accepted luxury trips from a Dallas-based GOP donor.
Speculation that Shell Plc may convert and repatriate more than $1 billion of ruble earnings from the sale of a project in the Far East has helped drive the Russian currency to its weakest level in a year.
The International Monetary Fund Managing Director Kristalina Georgieva said she’ll relentlessly pursue Zambia’s creditors to provide debt relief to Zambia that’s holding up the lender from disbursing much needed funds to the southern African nation.
Procter & Gamble Co. is phasing out Opte, an inkjet wand that allowed for targeted makeup application, after touting it to investors and analysts for several years.
A leading indicator of the US job market is flashing slowdown ahead.
Italy’s upcoming budget outlook will probably incorporate a higher growth forecast for 2023 followed by a worsened outlook for subsequent years, according to people familiar with the matter.
China, the biggest bilateral creditor to developing countries, needs to show it can operate within established international debt-relief processes for poor nations such as Zambia struggling to pay, the chief of the International Monetary Fund said.
Federal Reserve Bank of St. Louis President James Bullard said steps taken to ease financial strains were working and the central bank should keep raising interest rates to fight high inflation.
Decentralized financial transactions, including those done with virtual currencies, need to comply with anti-money laundering and sanctions laws, the US Treasury Department said in a new report.
The International Monetary Fund warned that its outlook for global economic growth over the next five years is the weakest in more than three decades, urging nations to avoid economic fragmentation caused by geopolitical tension and take steps to bolster productivity.
