Federal Reserve chief Jerome Powell urged Congress on Wednesday to take action on the rising US debt and deficit to ensure the continued growth of the American economy. Called before the Joint Economic Committee to discuss the economic outlook, the central bank chief stressed that it was not his role to give policy advice, before he gave diplomatically-worded policy advice.
Billionaire businessman Michael Bloomberg on Tuesday called for President Donald Trump's defeat in 2020 as he took a new formal step towards joining the Democratic presidential race.
President Donald Trump on Tuesday took credit for an American economic renaissance but was greeted by another salvo from US industries that blame his trade wars for jeopardizing employment, wounding business and burdening consumers with higher costs.
Former US president Jimmy Carter was admitted into the Emory University Hospital in Atlanta Monday evening to undergo a procedure to relieve brain pressure caused by bleeding due to recent falls, The Carter Center announced.
New York business tycoon Michael Bloomberg paved the way for a shot at the US presidency, registering as a candidate in the Alabama Democratic primary race before Friday's filing deadline. Although the billionaire has not publicly announced his run, his inclusion among a crowded field keeps his options open for mounting a concerted bid to topple fellow New Yorker Donald Trump.
China and the United States have agreed to roll back tariffs on each others' goods as part of the first phase of a trade deal, officials from both sides said on Thursday offering a new sign of progress despite ongoing divisions about the months-long dispute.
The United States and China are working to narrow their differences enough to sign a “phase one” trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece.
President Donald Trump on Tuesday offered to help Mexico “wage war” on its cartels after three women and six children from an American Mormon community were murdered in an area notorious for drug traffickers.
Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses.
Following a presentation by Bolivian foreign minister Diego Pary to an extraordinary session of the Organization of American States' (OAS) permanent council in Washington, the following declaration was issued: