Biden cancels Australia visit as debt ceiling default nears
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) -An unfolding crisis over the U.S. debt ceiling prompted President Joe Biden…
Business
Reaction to Biden-McCarthy debt ceiling meeting
WASHINGTON (Reuters) -President Joe Biden and top Republican lawmakers met at the White House for less than an hour on…
US House Republicans blast EPA refusal to appear at EV hearing
By David Shepardson WASHINGTON (Reuters) -The Republican majority on a U.S. House of Representatives panel criticized two Environmental Protection Agency…
OpenAI chief concerned about AI being used to compromise elections
By Diane Bartz, Zeba Siddiqui and Jeffrey Dastin WASHINGTON (Reuters) -The CEO of OpenAI, the startup behind ChatGPT, told a…
Norfolk Southern bondholders sue over safety disclosures preceding Ohio derailment
By Jonathan Stempel NEW YORK (Reuters) – Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost…
US government CDS spreads decline as debt ceiling negotiations progress
NEW YORK (Reuters) – A measure of the cost to insure exposure to U.S. government debt declined on Tuesday as…
Biden administration grants Mountain Valley Pipeline permit
By Timothy Gardner (Reuters) -The Biden administration on Tuesday approved a permit to allow the Mountain Valley natural gas pipeline,…
Capital One shares rebound after Warren Buffett makes near $1 billion bet on bank
By Chibuike Oguh, Niket Nishant and Chuck Mikolajczak (Reuters) -Shares of Capital One Financial Corp rose on Tuesday, rebounding from…
Marketmind: Eyes on Japan GDP, China losing steam
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japan’s first quarter…
Ex-bank executive steps down from NY Fed board
By Michael S. Derby (Reuters) – Several days after ending his leadership role at a small New York State bank…