Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures…
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted…
China likely needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of…
FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
Caroline Ellison, who headed a hedge fund affiliated with doomed crypto exchange FTX, testified against her former boyfriend Sam Bankman-Fried…
Deadly attacks on Japanese in China inflame tenuous relations between the two nations
After a 10-year-old Japanese boy was stabbed to death by a man in China, tensions between the two countries are…
Bukele claims he cleaned up El Salvador. But at what cost?
With a carefully orchestrated public profile, the president of El Salvador claims sky-high popularity after jailing gangs. The reality is…
Brett Favre, testifying at welfare fraud hearing, reveals he has Parkinson’s
Brett Favre, 54, says he has Parkinson's disease while testifying before a House committee about welfare fraud in which he…
News Analysis: An imperiled Hezbollah faces the prospect of all-out war with Israel
Hezbollah, the Lebanese Shiite militant group backed by Iran, appears to have hit the lowest point in its more than…
Fake Russian news site falsely claimed Kamala Harris was in hit-and-run accident
The website of a fake San Francisco news station created a video falsely claiming that Kamala Harris was involved in…