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Biden's $6.8 tn Budget faces hurdles in Congress as it proposes higher taxes on big biz

Washington |Sunday, 2023 2:15:08 AM IST

US President Joe Biden's $6.8 trillion budget is unlikely to pass muster in the Republican-dominated House of Representatives as it proposes higher taxes on big businesses and the rich and elite, even

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US bank shares tumble despite Biden insisting system is safe

New York |Tuesday, 2023 4:15:08 AM IST

US President Joe Biden's words of reassurance on Monday have done little to calm markets as "worries raced around that other smaller US banks could become the latest dominos to fall", as per an expert

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Biden vows to fire SVB management but protect depositors post collapse (Ld)

Washington |Tuesday, 2023 2:45:09 AM IST

US President Joe Biden on Monday calmed an alarmed nation over the Silicon Valley Bank (SVB) collapse vowing to protect depositors' monies, fire the bank management, but declared investors would not b

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'Banking system is safe': Biden reassures markets, people

Washington |Tuesday, 2023 1:15:09 AM IST

US President Joe Biden on Monday attempted to reassure Americans that the banking system will hold up, media reports said.

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Biden to unveil tax hikes on wealthy Americans, corporations

Washington |Friday, 2023 3:15:10 AM IST

US President Joe Biden will make a renewed push to overhaul the nation's tax code and dramatically raise the rates paid by corporations and wealthy Americans, the media reported.

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US big businesses support President Biden's price cuts in rare gesture

Washington |Wednesday, 2023 5:15:09 AM IST

Corporate America has, in an unusual and rare gesture, cast aside its "profit for business" capitalist outlook and come out in support of President Joe Biden's campaign against high consumer prices, e

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Biden names Indian-American Banga to head World Bank, Harris says will be 'transformative' chief (Ld)

Washington/New York |Friday, 2023 4:45:09 AM IST

US President Joe Biden has named Ajay Banga, the former Indian American head of Mastercard, to head the World Bank, the white House said announced on Thursday.

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Biden to nominate Ajay Banga to lead World Bank

Washington |Friday, 2023 3:45:10 AM IST

US President Joe Biden will nominate Ajay Banga, former CEO of Mastercard, to serve as the President of the World Bank, the White House announced on Thursday, Axios reported.

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PM Modi dials up Biden, both leaders hail Air India-Boeing pact

New Delhi |Wednesday, 2023 4:15:09 AM IST

Prime Minister Narendra Modi on Tuesday held a telephonic conversation with US President Joe Biden, during the course of which both the leaders expressed satisfaction at the deepening of the India-US

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Biden says Air India order for 220 Boeing planes will support 1 mn US jobs (Ld)

New York |Wednesday, 2023 4:45:09 AM IST

Ahead of next year's election, US President Joe Biden on Tuesday termed Air India's $34 billion order for 220 Boeing planes as a "historic" deal that will support his agenda with one million US jobs a

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Biden calls AI-Boeing deal 'historic'

Washington |Wednesday, 2023 4:45:09 AM IST

US President Joe Biden on Tuesday welcomed as "historic" Air India's purchase order of 220 Boeing planes, and said it reflected the strength of the economic partnership with India.

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