SEC asked Coinbase to trade only in bitcoin before suing crypto exchange -FT
(Reuters) – The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies except bitcoin…
July 31, 2023
U.S. lawmakers urge Biden administration to tighten AI chip export rules
By Stephen Nellis SAN FRANCISCO (Reuters) – Two U.S. lawmakers who head a committee focused on China on Friday urged…
US proposes to hike vehicle fuel economy standards to 58 mpg by 2032
By David Shepardson WASHINGTON (Reuters) – The Biden administration on Friday proposed to hike fuel economy standards by 2032 to…
J&J effort to resolve talc lawsuits in bankruptcy fails a second time
By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge on Friday shot down Johnson & Johnson’s second attempt to resolve…
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Markets have high hopes for a soft landing for the economy,…
Insurer CNA Financial misses profit estimates on higher catastrophe losses in P&C segment
(Reuters) – Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty…
Euro zone pulls out of dip with higher growth than expected
BRUSSELS (Reuters) – The euro zone returned to growth in the second quarter of 2023, with a greater than expected…
Promising new Alzheimer’s drugs may benefit whites more than Blacks
By Julie Steenhuysen NEW YORK (Reuters) – Groundbreaking treatments for Alzheimer’s disease that work by removing a toxic protein called…
Loews profit more than doubles as market rebound boosts investment returns
(Reuters) – Loews Corp said on Monday its second-quarter profit more than doubled as a jump in investment income cushioned…
Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand…