US Treasury Secretary Janet Yellen said any intervention by Japan to prop up the yen would be understandable if it were aimed at smoothing out volatility — not at affecting the level of the exchange rate.
The United Auto Workers weighed an expansion of its strikes against Detroit’s automakers on Tuesday, after union President Shawn Fain said more plants faced walkouts if carmakers didn’t sweeten their offers.
Chinese diplomats issued a warning to all other permanent missions to the United Nations, telling them not to attend an event on the sidelines of the annual General Assembly this week dedicated to human rights abuses committed against ethnic Uyghurs in China’s Xinjiang region.
Climate change is the focus of dozens of events in New York this week, as world leaders, corporate executives, activists and artists all converge for both the United Nations General Assembly and Climate Week.
Joe Biden called on world leaders to stand by Ukraine in its struggle to eject Russian troops, even as Kyiv’s allies said they now expect the war to last for years to come.
The European Union needs to investigate Chinese support for electric vehicles as a result of the massive subsidies it provides the industry, according to the head of the bloc’s executive arm.
European Commission President Ursula von der Leyen said that Ukraine is making swift progress on reforms and can quickly become a member of the European Union.
Republican hardliners on Tuesday dealt House Speaker Kevin McCarthy’s plans to avert an Oct. 1 US government shutdown twin blows, further ratcheting up the risk of a disruptive federal funding lapse.
As Instacart started trading on the Nasdaq on Tuesday, investors weren’t betting on a grocery-delivery company. They’re betting on a data and advertising business.
The US Treasury Secretary has worked to put climate change at the core of US economic and financial policy. Critics say she needs to do more, faster.
