Treasury Dials Back Estimates for U.S. Borrowing as Stimulus Talks Stall
The Treasury estimated the government would borrow $617 billion from October through December, down from its $1.216 trillion estimate in early August.
The Treasury estimated the government would borrow $617 billion from October through December, down from its $1.216 trillion estimate in early August.
In one of the quirkiest reinventions of the pandemic, British pubs threw open their doors to remote workers. New restrictions are closing the pubs again, so it’s back to the kitchen table.
The 40-year old Briton is set to be released from prison in January after serving less than half of his 11-year sentence.
Among oenophile friends, a bottle swap provides an opportunity to break out of a rut, try something different and share wine even when meeting up in person is impossible.
Voters in Alaska and Massachusetts weigh a wonky election change.
Crude prices swung between gains and losses, extending a period of volatility as widening restrictions on economic activity in Europe threaten to hit demand for fuel.
Election Day is imminent in the U.S. For those who are somehow unaware of this fact, consumer brands are happy to provide a reminder.
Lebanon’s multiple crises, compounded by the massive explosion at the Beirut port in August, have plunged the middle class into poverty and the poor into destitution, driving some to leave the country and those who remain to struggle for a way to survive.
The retail giant is ending its push to have machines developed by Bossa Nova Robotics rove stores to keep track of inventory, after discovering during the coronavirus pandemic that humans can help get similar results.
Candidate promising decency spends weekend insulting opponent.
The startup, headed by Jeffrey Katzenberg and Meg Whitman, promised short-form content designed specifically for mobile phones, and investors poured $1.75 billion into the idea. The duo’s instincts about what would sell proved wrong.
The bank’s incoming CEO, Jane Fraser, is tapping one of her top lieutenants, Anand Selva, to replace her as head of the consumer bank. Citigroup’s longtime chief risk officer will step down at the end of the year.
Democrats say a vote for Biden is a vote for democracy. Howie Hawkins disagrees.
He may do more damage to the nation’s frayed fabric. But the Democrats seem committed to tearing it up.
Much of the U.S. aid money to farmers gets distributed based on production, but some favor other approaches.
Fines for wrongdoing on Wall Street and other securities-related cases hit a record $4.6 billion this year, despite a pandemic that shuttered courts for months and sent government enforcers home to do their jobs.
Gunmen stormed the university in Afghanistan’s capital, killing at least 19 people and wounding 22 others, as a rise in violence raises questions about Kabul’s ability to secure the country after a U.S. troop drawdown.
The pandemic and terrorism have combined to create an autumn of pain in France. Covid-19 is filling up its hospitals. Its churches and schoolyards are haunted by Islamist terrorism.
China’s central bank and other financial regulators met with Jack Ma and the top executives of Ant Group as the fintech giant prepares for a record-breaking IPO this week.
Finance firm Greensill is selling four planes as it tidies up its corporate governance and looks to raise fresh capital from investors.
The finance firm is selling four planes as it tidies up its corporate governance and looks to raise fresh capital from investors.
Digital cash transfers have surged during the pandemic, providing help to those struggling to make ends meet. Are such payments effective?
The characters in end-of-days films like “Children of Men,” “The Road” and “Snowpiercer” dress quite a lot like we do now. That should really make us worry.
The household-supplies producer saw continuing gains in its recent quarter from purchases of wipes, disinfectants and personal-care items during the Covid-19 pandemic.
The Supreme Court turned away an appeal by the National Football League and AT&T’s DirecTV subsidiary that sought dismissal of an antitrust lawsuit challenging their exclusive Sunday Ticket package of football telecasts.
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