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The US House of Representatives will vote on a temporary funding bill next Tuesday, which requires a two-thirds majority.

The US House of Representatives will vote on a temporary funding bill next Tuesday, which requires a two-thirds majority.

According to media reports, the U.S. House of Representatives will vote on a stopgap funding bill next Tuesday. This vote will use the "suspension of the rules" procedure, which means that the bill must obtain a two-thirds majority vote among the members present to pass. This high-threshold

Harvard economist Rogoff: The United States needs a "crisis shock" to solve its debt problem.

Harvard economist Rogoff: The United States needs a "crisis shock" to solve its debt problem.

The US debt problem is deeply entrenched, and politicians have been slow to take action. Harvard economist Kenneth Rogoff warns that the situation may only truly change after a major crisis. In an interview on Friday, Rogoff stated that the U.S. public debt surpassed $40 trillion last week, and

Ahead of the Bank of England's interest rate decision, the governor downplayed the threat of inflation, stating that the second-degree inflation effect remains "relatively mild."

Ahead of the Bank of England's interest rate decision, the governor downplayed the threat of inflation, stating that the second-degree inflation effect remains "relatively mild."

Bank of England (BOE) Governor Andrew Bailey maintains that the UK has not yet experienced a significant second round of inflation and remains cautious about forward guidance on monetary policy. However, market pricing and internal disagreement both indicate that policy uncertainty is rising ahead of the September 17 interest rate

India has the second highest rate of diabetes in the world, and with the monthly fee reduced to $14, why are GLP-1 weight loss drugs still not selling well?

India has the second highest rate of diabetes in the world, and with the monthly fee reduced to $14, why are GLP-1 weight loss drugs still not selling well?

The Indian weight-loss drug market is serving as a cautionary tale for the global pharmaceutical industry regarding market expectations. Despite the large-scale generic production of GLP-1 drugs in India and prices dropping to $14 per month, sales have fallen far short of expectations, revealing deeper cultural, social, and regulatory barriers

A U.S. appeals court ruled that sports prediction contracts are not swaps, dealing a major blow to prediction market firm Kalshi.

A U.S. appeals court ruled that sports prediction contracts are not swaps, dealing a major blow to prediction market firm Kalshi.

Prediction market firm Kalshi lost a key legal ruling, and its sports prediction products in Nevada face continued regulatory pressure. On August 28 local time, the U.S. Ninth Circuit Court of Appeals ruled that the Nevada Department of Gaming Regulation can continue to treat sports betting markets as unlicensed

CITIC Bank's 106 trillion yuan "settlement transformation" test

CITIC Bank's 106 trillion yuan "settlement transformation" test

CITIC Bank hopes to bring payment and settlement to the forefront of customer management. As early as 2024, in its "Five Leading" strategy, the bank proposed to build a "leading transaction settlement bank". After entering the new round of "Three-Three Strategy" in 2026, payment

The yen fell below the 160 mark, and Bessant defended last month's intervention: disorderly yen movements will push up US interest rates.

The yen fell below the 160 mark, and Bessant defended last month's intervention: disorderly yen movements will push up US interest rates.

The yen has fallen below the key psychological level of 160 against the dollar again, erasing more than half of the gains made by the previous joint intervention by the US and Japan, and market expectations for a new round of intervention are rising. Federal Reserve Chairman Warsh's