US

In his first public address from the Oval Office last night, President Joe Biden praised House Speaker Kevin McCarthy for the debt-ceiling agreement Congress successfully passed earlier in the week. During his remarks, Biden said, "I want to commend Speaker McCarthy. You know, he and I...

A new study has revealed that Americans are leaving major U.S. cities and moving to smaller towns.  An Insider analysis of the U.S. Postal Service data shows where Americans are moving to and from. The outlet combined the ZIP codes the USPS tracked into the number of people who...

Digital asset investment products have witnessed a net outflow of $32 million in the past week, marking the fifth week in a row of this downward trend, with the total over this period amounting to $232 million (0.7% of total assets under management), according to a report. In its digital asset fund...

According to a February presentation released by the Federal Reserve, more than 700 banks face significant safety and soundness risk due to massive unrealized losses on their balance sheets. The banks have self-reported unrealized losses that exceed 50% of their capital and have been...

Days after vowing to teach the U.S. a "lesson," the Turkish President said his triumph in the country's upcoming elections would send a message to the West. What Happened: Recep Tayyip Erdogan, in an interview with CNN-Turk television late Wednesday, said he was witnessing strong support from his...

O'Shares Investment Advisors chairman and renowned "Shark Tank" investor Kevin O'Leary says that Rep. Alexandria Ocasio-Cortez's (D- N.Y.) opposition to Amazon.com, Inc (NASDAQ: AMZN) building a regional headquarters in New York...

A recent study by the London-based consultancy Henley & Partners has revealed that cities with smaller populations in the U.S. are emerging as hotspots for millionaires in the country.  The firm has reported that New York City's millionaire residents grew by 40%...

The U.S. and South Korea will stage a tabletop military exercise on Feb. 22 to stimulate a nuclear exercise in the case of a potential North Korean nuclear attack.  South Korean officials have said the one-day tabletop exercise is designed "to develop a joint strategy and response to...

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $175,000 civil penalty against Elon Musk-owned Space Exploration Technologies Corp (SpaceX).  According to an FAA statement, the civil penalty comes from a mission...

In their first face-to-face meeting since the uproar over balloons entering U.S. airspace, U.S. Secretary of State Antony Blinken met with China's top diplomat, Wang Yi, on Saturday in Munich, Germany. Blinken told Wang that the craft's entry into U.S. airspace was an "...

Former Treasury Secretary Lawrence Summers say the Fed can pull off a soft landing, but warns that it would be a "big mistake" to think that the economy is "out of the woods".  In an interview on CNN's "Fareed Zakaria GPS" Summers said it "...

Two of America's largest car insurers, State Farm and Progressive Corp (NYSE: PGR), are refusing to cover select models of a pair of South Korean automakers in certain U.S. cities. The reason is that they're too easy to steal. According to data from the Highway Loss Data...

Spanish authorities, in collaboration with several other countries, arrested the CEO, sales executive and marketing director of cryptocurrency platform Bitzlato for their alleged involvement in money laundering. What Happened: A total of six people were apprehended, all of whom were...

Federal prosecutors have asked a Manhattan judge to impose stricter bail conditions on former FTX (CRYPTO: FTT) CEO Sam Bankman-Fried, due to his attempts to contact a prospective witness in the ongoing investigation against him. Prosecutors have asked U.S. District Judge Lewis Kaplan to block...

President Joe Biden is visiting the U.S.-Mexico border on Sunday for the first time since taking office.  During his trip, Biden will witness the conditions for migrants and the U.S. officials who process them at the border.  The president will be stopping at El Paso, Texas, on his...