Wednesday, 27th, 2024 | 6:34AM Updated

White House Press Secretary Jen Psaki speaks during a press briefing at the White House in Washington, U.S.,
U.S. condemns Ethiopia's expulsion of UN officials, could apply sanctions

The United States condemns Ethiopia's expulsion of United Nations officials and will not hesitate to use sanctions against those who obstruct humanitarian efforts in the country, White House press secretary Jen Psaki told reporters on Thursday.

Treasury Secretary Janet Yellen testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S
U.S. Treasury's Yellen seeking October agreement on global minimum corporate tax

U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach political agreement on a global minimum corporate tax deal at their summit in October and has not ruled out a rate higher than 15%.

French President Emmanuel Macron talks to German Chancellor Angela Merkel at the Elysee Palace in Paris, France,
Analysis-In post-Merkel EU, Macron can't exert leadership without allies

Angela Merkel's exit from the EU stage she dominated for 16 years has handed French President Emmanuel Macron an opportunity to take up the mantle of European leadership and press on with his plans for a more independent Europe.

German Chancellor Angela Merkel arrives for the St. Michael annual reception of the German bishops in Berlin, Germany,
Gone before she has: Merkel commemorative teddies sell out

A German toymaker is producing a batch of commemorative teddy bears to mark the end of Angela Merkel's time as chancellor, and they have sold out before she has even left office.

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U.S. Senator Mark Warner (D-VA) rubs his eyes while riding the Senate Subway following a vote on Capitol Hill in Washington, U.S.
Democratic disagreements imperil Biden agenda as shutdown looms

President Joe Biden's agenda was at risk of being derailed by divisions among his own Democrats, as moderates voiced anger on Wednesday at the idea of delaying a $1 trillion infrastructure bill ahead of a critical vote to avert a government shutdown.

A U.S. dollar banknote is seen in this illustration taken
Boston Fed's first look at digital U.S. dollar nearly done, official says

The first phase of a multi-year research project the Boston Federal Reserve is doing with the Massachusetts Institute of Technology on the technology that could be used for a digital dollar is nearly done and could be released over the next month or so, a Boston Fed official said on Wednesday.

French Economy and Finance Minister Bruno Le Maire attends a news conference to present French government 2022 budget at the Bercy Finance Ministry in Paris, France
France's Le Maire says G7 made progress on international corporate tax reform

French Finance Minister Bruno Le Maire said in a statement that G7 finance ministers had made a lot of progress on Wednesday on key points in international corporate tax reform.

Chairman of the Joint Chiefs of Staff, U.S. Army General Mark A. Milley, responds to questions during a House Armed Services Committee hearing on
Republican Cheney offers strong defense of Milley, invokes Jan. 6 Capitol riot

U.S. Representative Liz Cheney offered a resounding defense on Wednesday of General Mark Milley, chairman of the Joint Chiefs of Staff, praising him for "standing in the breach" in the aftermath of the Jan. 6 attack on the U.S. Capitol and drawing a contrast with some of her fellow Republicans.

The ivory-billed woodpecker was believed to have been seen in a remote part of Arkansas, ornithologists
U.S. to declare 23 species, including ivory-billed woodpecker, officially extinct

The ivory-billed woodpecker, whose last confirmed sighting was nearly 80 years ago, is one of 23 federally protected species that would be officially declared extinct - the most ever at one time - under a U.S. government proposal announced on Wednesday.

U.S. Secretary of Defense Lloyd Austin responds to questions during a House Armed Services Committee hearing on
U.S. defense secretary says he is concerned for Afghan pilots held in Tajikistan

Defense Secretary Lloyd Austin expressed concern on Wednesday for U.S.-trained Afghan pilots and other personnel being held in Tajikistan after fleeing across the border from Afghanistan last month as the Taliban took power.

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC,
Powell: "Tension" between jobs, inflation is the chief challenge facing Fed

Resolving "tension" between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, Fed Chair Jerome Powell said Wednesday, acknowledging the central bank's two goals are in potential conflict.

The dome of the U.S. Capitol Building is seen as the sun sets on Capitol Hill in Washington,
Explainer-Standing at the precipice, Washington courts debt limit catastrophe

A standoff in Washington between President Joe Biden's Democrats and Republicans is threatening to trigger a financial and economic meltdown if Congress fails to act by about Oct. 18, when the Treasury Department expects to run out of cash to cover its expenses.

Robert Aaron Long, 21, of Woodstock in Cherokee County poses in a jail booking photograph after he was taken into custody by the Crisp County Sheriff's Office in Cordele, Georgia, U.S
Accused Georgia spa shooter pleads not guilty to four murder charges

A Georgia man on Tuesday pleaded not guilty to four counts of murder and other charges stemming from a shooting massacre at Atlanta-area day spas in March, for which the prosecutor is seeking the death penalty.

A worker adjusts British and China (R) national flags on display for a signing ceremony at the seventh UK-China Economic and Financial Dialogue
Foreign attempts to besiege China will fail, Chinese envoy to UK says

Foreign attempts to contain or besiege China will always fail so major powers should avoid colonial thinking that could lead to a confrontation with the world's second largest economy, China's ambassador to London said on Tuesday.

Vehicles for sale are seen at Serramonte Ford in Colma, California, U.S.
U.S. new vehicle retail sales set to fall 25% in Sept - data

U.S. retail sales of new vehicles are expected to fall nearly a quarter in September, hurt by depleting inventories, even as consumer spending remains strong, consultants J.D. Power and LMC Automotive said in a joint forecast on Tuesday.

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