Yellen: We must raise debt ceiling to avoid disaster
Daily NewsUS Treasury Secretary Janet Yellen emphasized that the US would not be able to pay its “bills” if Congress does not raise the debt limit and said, “We need to rai...
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US Treasury Secretary Janet Yellen emphasized that the US would not be able to pay its “bills” if Congress does not raise the debt limit and said, “We need to rai...
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Asian stocks were broadly higher on Friday after Wall Street rebounded. Asia-Pacific stocks were broadly higher on Monday after Wall Street snapped a four-day los...
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Japan’s services sector activity expanded at a record pace in April. Au Jibun Bank’s services sector purchasing managers’ index (PMI) came in at 55.4 in April, ab...
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China increased its gold reserves for a sixth straight month as central banks around the world expanded their bullion holdings amid rising geopolitical and econom...
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Oil was flat as investors weighed a mixed outlook for global crude demand after a period of volatile trading. U.S. crude rose more than 4% on Friday to hold above...
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The Treasury cash balance had a deficit of 159 billion 62 million Turkish Lira in April. The Ministry of Treasury and Finance announced the cash realizations for ...
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The US Federal Reserve (Fed) New York Branch announced that American consumers’ short-term inflation expectations decreased from 4.7 percent in April to 4.4 perce...
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European Central Bank (ECB) Chief Economist Philip Lane said that inflation momentum in the Eurozone is still high but will slow down by the end of the year. ECB ...
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The Fed reported that banks in the country tightened credit conditions for companies in the first quarter of this year. The Fed released the "Senior Credit Office...
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Twitter CEO Elon Musk announced that accounts that have been inactive for several years will be removed from the social media platform. Musk shared a post on his ...
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Asian markets were mixed as China’s trade surplus beat expectations. Asia-Pacific markets were mixed as China’s trade surplus beat expectations and exports rose 8...
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China’s exports increased by 8.5 percent on an annual basis in April, exceeding economists’ expectations. While China’s exports continued to grow in April, import...
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The price of gasoline per liter has increased by 43 kuruş, and the price of diesel per liter has increased by 66 kuruş Following the discounts made last week, fue...
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President Erdoğan announced that an additional 25 percent quota will be allocated for high school students in earthquake zones in state universities in their own ...
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General Motors has tapped Apple Engineering Vice President Mike Abbott to lead its in-car software efforts. As automakers shift to electric vehicles, software has...
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International credit rating agency Fitch reported that it expects weaker financial performance for US banks this year, and that this performance may vary dependin...
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In a New York court, a jury has ruled that former US President Donald Trump is "liable" for sexual assault in a case in which he was accused of rape and insult by...
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Asia-Pacific stocks fell on Wednesday as investors awaited U.S. inflation figures and the Federal Reserve’s subsequent moves for clues about the path ahead. Econo...
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Oil rose after the U.S. announced plans to replenish strategic reserves. Oil reversed course at midday, extending gains for a fourth day after the Biden administr...
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The European Central Bank will continue to raise borrowing costs until it sees core inflation falling sustainably, ECB executive board member Isabel Schnabel said...
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While attention in the US is focused on developments in the debt limit and inflation data, the effects of the Fed's path on economic activity continue to be discu...
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