Liz Truss has been elected as the Conservative Party’s new leader, the party announced Monday, and she thus will become Britain’s new prime minister as the country faces an acute cost-of-living crisis.
The unemployment rate increased to 3.7% in August 2022 even as more Americans returned to work, according to a Friday release from the Bureau of Labor Statistics.
Russia and Ukraine traded claims of rocket and artillery strikes at or near Europe’s largest nuclear power plant on Sunday, intensifying fears that the...
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation
The Secret Service said Friday it has helped recover and return to the government nearly $2.3 billion in bogus pandemic benefits, including a major new operation that netted nearly $300 million in fraudulent small business loans.
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
On the menu today: President Biden and China’s Xi Jinping are expected to have their first in-person meeting in Indonesia this November, leading some to argue that the administration should set preconditions for Xi before granting him a face-to-face meeting with the American president.
