US household debt reached a new record in the second quarter, surpassing a peak recorded at the start of the global financial crisis, the New York Federal Reserve Bank said Tuesday.
The honeymoon is definitely over.
Prime Minister Narendra Modi marked 70 years of Indian independence Tuesday with an impassioned defence of his war on corruption, declaring a controversial move to flush out tax cheats a huge success that netted billions.
The European Union repeated Tuesday it would not address the issue of Britain’s future partnership with the bloc post-Brexit until progress had first been made on the terms of withdrawal.
Britain could seek a temporary customs union with the European Union after Brexit, the government said Tuesday as it prepared to publish its first detailed proposals on the future partnership.
President Donald Trump on Monday was poised to ratchet up trade tensions with China, announcing the start of an investigation into Beijing’s trade practices on intellectual property at a time when relations are already strained over North Korea.
Facebook’s sneaky launch of a photo-sharing app in China, where its social network is banned, gives it a small taste of the massive market’s potential, but it may have to settle for just that for now.
President Donald Trump lambasted Merck’s CEO Monday after the African-American pharmaceutical executive resigned from a White House advisory council, citing Trump’s controversial response to a violent white supremacist rally.
A major Uber investor on Thursday sued founder Travis Kalanick, accusing the recently departed chief executive of covering misdeeds while rigging the board in order to return to power at the company.
Fears mounted Thursday for eight miners trapped in a flooded Russian diamond mine for almost a week as water levels rose inside, hampering desperate rescue efforts.
Google on Monday fired the author of an internal memo defending the gender-gap in Silicon Valley tech jobs as a matter of biology, according to media reports.