The United States and South Korea are reluctant to give North Korea a test that it might fail.

On the sidelines of the Asia-Pacific Economic Cooperation summit, a rare in-person meeting between U.S. President Joe Biden and Chinese President Xi Jinping will provide an opportunity to put a range…

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.