US debt ceiling technical default seen at 2%-3%, says Summers
By Davide Barbuscia CHICAGO (Reuters) – Former U.S. Treasury Secretary Lawrence Summers said the odds that the U.S. government could…
2023
Norfolk takes $387 million charge due to Ohio derailment, warns on volumes
(Reuters) -U.S. railroad operator Norfolk Southern Corp took a $387 million charge in the first quarter due to the Ohio…
Pope allows women to vote at bishops meeting for first time
By Philip Pullella (Reuters) – Pope Francis, in a historic move that could lead to more inclusiveness in decision-making in…
First Republic Bank Shares Plumb New Lows On Report Government Reluctant To Intervene
By Niket Nishant (Reuters) – First Republic Bank’s market value plunged below $1 billion for the first time ever on…
Ex-Harvard professor sentenced to 6 months house arrest for lying about China ties
By Kanishka Singh and Nate Raymond WASHINGTON (Reuters) -A former Harvard University professor was sentenced on Wednesday to six months’…
US confirms second American death in Sudan, seeks extended ceasefire
WASHINGTON (Reuters) -A second American has died in Sudan, the White House said on Wednesday, and U.S. authorities are helping…
Bannon associate sentenced to more than four years for fraud over Trump’s border wall
NEW YORK (Reuters) – Brian Kolfage, a former associate of Steve Bannon, was sentenced on Wednesday to more than four…
ECB says Hungary govt decree has impaired cenbank independence
BUDAPEST (Reuters) – Hungary’s government has infringed the National Bank of Hungary’s (NBH) independence with a decree restricting access to…
Russia’s weekly consumer prices rise as central bank rate decision looms
(Reuters) -Russia’s weekly consumer prices rose at a faster pace in the week to April 24, data from state statistics…
Humana lifts profit outlook as medical costs drop in govt plans
By Khushi Mandowara and Leroy Leo (Reuters) -Humana Inc raised its annual adjusted profit forecast on Wednesday after lower medical…