World economy in a difficult place but not destined to stay there – World Bank chief
GANDHINAGAR, India (Reuters) – The world economy is in a difficult place but it is not destined to stay there,…
Business
Ford slashes prices of F-150 Lightning trucks as EV wars heat up
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of…
US bank mergers frozen by capital rules, regulatory uncertainty
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – U.S. banks will probably hold off on striking deals until…
US stocks rise on earnings outlook, global shares dip on China data
By Herbert Lash NEW YORK (Reuters) -U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global…
Marriott enters licensing deal with MGM to boost presence in Las Vegas strip
By Doyinsola Oladipo (Reuters) -Marriott International said on Monday it entered a 20-year licensing agreement that will allow its loyalty…
Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON (Reuters) – Since the Federal Reserve decided to keep interest rates on hold at its June…
Dollar decline slows as investors wait on Fed
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week…
Goldman Sachs cuts probability of US recession in next 12 months
By Davide Barbuscia NEW YORK (Reuters) -Goldman Sachs’ Chief Economist Jan Hatzius said on Monday the bank was cutting its…
US securities regulator ‘disappointed’ with defeat over Ripple’s XRP
WASHINGTON (Reuters) -The head of the U.S. securities regulator said Monday the agency was “disappointed” with a judge’s recent ruling…
AT&T shares hit three-decade low as lead cables risk weighs
By Chibuike Oguh NEW YORK (Reuters) -Shares of AT&T Inc fell nearly 7% to hit their lowest level in thirty…