Wall Street Week Ahead: Recession worries simmer beneath US stock market rally
By Lewis Krauskopf NEW YORK (Reuters) – Economically sensitive areas of the U.S. stock market are flashing warnings over growth,…
2023
Exxon, Chevron split over how to manage rising cash piles
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) – The two largest U.S. oil companies – Exxon Mobil Corp and…
Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapse
(Reuters) – The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and…
Pentagon awards $7.8 billion F-35 contract to Lockheed Martin
(Reuters) – The U.S. Department of Defense said on Friday it has awarded a $7.8 billion contract modification for 126…
California moves to phase-out diesel-powered trucks, cut locomotive pollution
By David Shepardson (Reuters) – California regulators on Friday approved new rules requiring all medium- and heavy-duty vehicles sold in…
Judge declines to block Colorado from banning medication abortion reversal
By Brendan Pierson (Reuters) – A federal judge in Denver on Friday rejected a Catholic medical center’s bid to block…
Biden reduces sentences for 31 convicted of nonviolent drug crimes
WASHINGTON (Reuters) – U.S. President Joe Biden on Friday reduced the prison sentences of 31 people convicted of drug-related crimes,…
FDIC To Place First Republic Under Receivership – Source
By Greg Roumeliotis (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank under…
In win for Republicans, North Carolina court allows partisan gerrymandering
By Joseph Ax (Reuters) -North Carolina’s highest court on Friday ruled that state law does not bar lawmakers from drawing…
U.S. senator introduces bill targeting AI’s shortfalls
WASHINGTON (Reuters) – Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at…