Risks lie ahead for US credit standing after tentative debt ceiling deal
By Davide Barbuscia NEW YORK (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit…
Business
Netherlands set to reform $1.6 trillion private pension sector
By Bart Meijer AMSTERDAM (Reuters) – The Netherlands is set for a major overhaul of its 1.45 trillion euro ($1.6…
US consumer confidence dips to six-month low, labor market views soften
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a six-month low in May as Americans’ assessment of…
Goldman Sachs plans to cut under 250 jobs in coming weeks-source
(Reuters) – Goldman Sachs Group Inc is expected to cut fewer than 250 jobs in the coming weeks as a…
Yen stronger post-emergency meeting, dollar stays lower
By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against…
Oil slides 4% on worries about US debt ceiling, OPEC+ talks
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell more than 4% on Tuesday on concerns about whether the…
Bankman-Fried charges should not be tossed, prosecutors say
By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors on Monday said they opposed a motion by former cryptocurrency billionaire…
Nvidia shorts extend mark-to-market losses as market cap hits $1 trln -S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp were down $4.1 billion in mark-to-market…
High inflation fails to boost most UK companies’ profits
By David Milliken LONDON (Reuters) – Britain’s highest inflation in four decades failed to boost company profits last year, with…
Euro zone lending takes another hit from higher rates
FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in…