In the digital cold war between the United States and China, American officials are increasingly turning their attention to a new target: Chinese cloud computing giants.Over the last 18 months, […]
Biden, Joseph R Jr
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Back to news homeRussia and Saudi Arabia’s Oil Partnership Shows Strain
For most of the last six years, the leaders of Russia and Saudi Arabia worked with each other to control the global oil market during times of war, pandemic and […]
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video conference with the goal of […]
The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds
It’s come to this.Because of the debt ceiling crisis, a corner of the financial markets sees the U.S. government as a riskier borrower over the next month or so than […]
Biden to Meet with Kevin McCarthy in Debt Ceiling Talks
President Biden is set to welcome Speaker Kevin McCarthy and other top congressional leaders to the White House on Tuesday for a pivotal round of discussions about the nation’s taxes, […]
Debt Ceiling: U.S. Could Run Out of Cash by June 1, Yellen Warns
WASHINGTON — Treasury Secretary Janet L. Yellen said on Monday that the United States could run out of money to pay its bills by June 1 if Congress does not […]
Trickling Tax Revenue Complicates Debt Limit Talks
WASHINGTON — A vote by House Republicans last week to lift the nation’s debt limit in exchange for deep spending cuts was the first step in what is likely to […]
The Debt Ceiling Debate Is About More Than Debt
WASHINGTON — Speaker Kevin McCarthy of California has repeatedly said that he and his fellow House Republicans are refusing to raise the nation’s borrowing limit, and risking economic catastrophe, to […]
U.S. Job Growth Eases, but Extends Its Streak
The U.S. economy generated hearty job growth in March, but at a slowing rate that appeared to reflect the toll of steadily rising interest rates.Employers added 236,000 jobs in the […]
Jobs Report Bolsters Biden’s Economic Pitch, but Inflation Still Nags
WASHINGTON — Gradually slowing job gains and a growing labor force in March delivered welcome news to President Biden, nearly a year after he declared that the job market needed […]