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Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to borrow money, the International Monetary Fund warned.Treasuries have long enjoyed the status as the world’s top safe haven asset....

For a decade, London has been solidly Labour: electing Sir Sadiq Khan three times as mayor and handing the party control of a record number of councils. The noisiest criticism has come from the right, which accuses Khan of being...

The American century — a phrase coined by Fortune founder Henry Luce — had a soundtrack. It was Chuck Berry on the radio and Coca-Cola in the cooler, Levi’s jeans, and Marlboro billboards stretching across Europe. American culture didn’t conquer...

Sir Olly Robbins is taking legal advice after being sacked by Prime Minister Sir Keir Starmer as head of the Foreign Office, as he prepares to answer MPs’ questions over the Lord Peter Mandelson vetting scandal. Robbins feels aggrieved...

President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks.Ibogaine and other psychedelics remain banned under the federal government’s...

Airline passengers should brace for more aggravation in the next few months as carriers around the world deepen cancellations and ground planes to cope with stratospheric increases in jet-fuel prices.Dutch flag carrier KLM is the latest company to cut...

Russian President Vladimir Putin made his concerns about the economy public as he vented frustration at aides and demanded they come up with solutions.During a televised meeting on the economy Wednesday, he revealed that GDP shrank by combined 1.8%...

Three people in California have been sentenced for insurance fraud in a bizarre scam that involved someone dressed in a bear costume damaging luxury cars.The California Insurance Department said the three used a person in a bear suit to stage fake...

The U.S. Treasury Department on Friday extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move.The so-called general license means U.S. sanctions will not apply for 30...

$100 million in annualized cost savings. Over 3,200 opportunities influenced. Those are the kinds of outcomes leaders everywhere are hoping AI will deliver. But in conversations with CEOs this year, one thing was clear: very few companies can point to results...