Chinese aircraft have sharply increased what the US says is “coercive and risky” behavior in the South China Sea in the last two years, US officials said, calling it a campaign to deny the US and its allies their right to fly in international airspace.
Republican Jim Jordan’s hardball tactics cost him votes Tuesday in his campaign to be US House speaker, dragging out efforts to fill a congressional leadership vacuum into a third week.
The Federal Reserve’s campaign to hike interest rates with the goal of fighting inflation has successfully slowed US consumer spending, said Bank of America Corp. Chief Executive Officer Brian Moynihan.
Canada’s government is examining new measures to rein in short-term rental services such as Airbnb Inc. as policymakers try to cool inflation in apartment and house rents.
Treasury yields climbed and stocks struggled after solid economic reports reinforced the case for the Federal Reserve to keep interest rates higher for longer.
Nishad Singh, the former director of engineering at FTX, faces cross-examination at the Sam Bankman-Fried trial Tuesday.
President Joe Biden is considering a supplemental request of approximately $100 billion that would include defense assistance for Israel and Ukraine alongside border security funding and aid to nations in the Indo-Pacific, including Taiwan, according to people familiar with the matter.
The co-founder of Inflection AI is talking with other large startups about defining the role artificial intelligence will play in elections.
Laurentian Bank of Canada’s mounting troubles have put its credit rating at risk, according to the latest analyst to downgrade the Montreal-based lender.
Chesapeake Energy Corp. is considering an acquisition of rival natural gas producer Southwestern Energy Co., according to people familiar with the matter.
