U.S. ‘aspirational’ shoppers are spending less on fashion, jewelry
By Katherine Masters NEW YORK (Reuters) – A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving…
June 2023
Oil posts second weekly decline as demand concerns overshadow Saudi cut
By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a…
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
By Elizabeth Howcroft, Hannah Lang and Rae Wee (Reuters) -The U.S. affiliate of Binance said it was halting dollar deposits,…
Indicted US Rep. George Santos appeals ruling on keeping bail guarantors anonymous
By Jonathan Stempel NEW YORK (Reuters) – Indicted U.S. Representative George Santos on Friday appealed a ruling requiring that the…
Exclusive-US seeks new suppliers of highly used cancer drug methotrexate in short supply
By Julie Steenhuysen and Michael Erman (Reuters) – The U.S. Food and Drug Administration said on Friday it is seeking…
Tesla short sellers down $6.08 billion in stock’s 11-session winning streak -S3 Partners
(Reuters) – Traders who have sold Tesla Inc shares short have lost about $6.08 billion on a mark-to-market basis during…
US Judge Rejects 3M Effort To Resolve Earplug Lawsuits In Bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – A U.S. judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies,…
France strong-arms big food companies into cutting prices
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -French shoppers should pay less for their food from next month,…
Goldman Sachs: “Fully orthodox” policy maker could raise Turkey rates to 40%
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye…
Wildfires spread in British Columbia, Quebec sees signs of progress
By David Ljunggren OTTAWA (Reuters) – Wildfires spread in the western Canadian province of British Columbia on Friday, while in…