US, China plan to increase commercial flights between the countries- US official
By Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two…
June 28, 2023
US public debt burden to rise to 181% of GDP by 2053, CBO projects
WASHINGTON (Reuters) – The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office…
Swiss National Bank’s Maechler says inflation proving persistent
ZURICH (Reuters) -Swiss inflation is proving broader-based and more persistent than initially thought, Swiss National Bank Governing Board member Andrea…
Nursing home owners stole $83 million while neglecting residents, NY lawsuit says
By Brendan Pierson (Reuters) -New York’s attorney general on Wednesday accused nursing home operator Centers Health Care and its owners…
AMC, ‘meme’ investors to face off in court over stock conversion
By Jody Godoy (Reuters) – A months-long battle between retail investors and AMC Entertainment Holdings over a stock conversion plan…
Explainer-How does the Fed stress test US banks?
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is due to release the results of its annual bank health…
US announces charges in $2.5 billion healthcare fraud takedown
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department on Wednesday announced federal and local criminal charges targeting 78…
From Caterers To Cowboy Outfitters: Writers’ Strike Hits Hollywood Economy
(Adds word entertainment in paragraph 15 to make clear the reference is to entertainment clients, not all clients) By Lisa…
In verbal slip, Biden says Putin losing the war in ‘Iraq’
WASHINGTON (Reuters) – In a new verbal slip-up, U.S. President Joe Biden said on Wednesday that Russian President Vladimir Putin…
Gymnastics-Biles to return to competition in August after two-year hiatus
(Reuters) – Four times Olympic gold medallist Simone Biles will return to competition in early August at the U.S. Classic…