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The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund.
Japanese Prime Minister Fumio Kishida gave a full-throated defence of the United States’ international role as guardian of democracy on Thursday to a rare joint session of Congress, citing the enormous challenge that China and other authoritarian states represents to the global order.
The increase this year, driven by geopolitical tensions and supply shocks, could hamper efforts to rein in inflation.
The following is the full text of Japanese Prime Minister Fumio Kishida's speech at the U.S. Congress on Thursday.
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Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to look for ways to keep costs in check even as the company doubles down on investing in new growth areas like artificial intelligence.
President Biden intends to use a first-ever joint meeting with the leaders of Japan and the Philippines on Thursday to send a blunt diplomatic message to an increasingly aggressive China: Beijing’s harassment of Philippine ships in the South China Sea is a violation of international law and must stop.
Taro Akebono, a Hawaii-born sumo wrestler who became the sport’s first foreign grand champion and helped to fuel a resurgence in the sport’s popularity in the 1990s, has died in Tokyo. He was 54.