The world’s two biggest economies agree to de-escalate tariff face-off. The world’s two biggest economies have stepped back from the brink. After imposing retaliatory tariff hikes at rates never seen before, the United States and China have agreed to a truce. US taxes on Chinese goods will now fall from 145 percent to 30 percent, … Read more
Vote is a major step towards finalising the 2024 federal budget after months of deadlock in the divided Congress. Lawmakers in the United States Senate passed a spending package shortly before a midnight deadline, averting a partial government shutdown. The lower house on Friday voted 75-22 to approve a $460bn spending package of six bills … Read more
Short-term spending bill averts shutdown of agencies that would have kicked in on Saturday. The United States Congress has approved a short-term spending package to avoid a government shutdown, the fourth such stopgap measure in several months. The bill, which passed the Senate in a bipartisan 77-13 vote, provides funding for some federal government agencies … Read more
Listen to article (2 minutes) TEL AVIV—Israeli officials are warning Hezbollah to pull back its forces on the Lebanese border and stop firing missiles at Israel to avert another war as fighting also rages in the Gaza Strip. The Israeli military Monday said it shelled Lebanese territory after its air-defense system intercepted six projectiles launched … Read more