Debt ceiling worries deepen as early June U.S. default reinforced
By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding…
Business
Pfizer CEO calls US drug price plan ‘negotiation with a gun to your head’
By Michael Erman and Bhanvi Satija NEW YORK (Reuters) -Pfizer Inc Chief Executive Albert Bourla called U.S. plans to negotiate…
U.S. regional bank stocks creep higher in skittish trading
(Reuters) -Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish trading as investors bought…
Binance pulls out of Canada amid new crypto regulations
(Reuters) -Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines…
CDS committee accepts to hear question on Credit Suisse AT1 bonds
NEW YORK (Reuters) – The Credit Derivatives Determinations Committee (DC) accepted on Friday to look into a question on whether…
Dollar on pace for biggest weekly rise since February
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Friday, and was…
US extends certain COVID-related exclusions from China tariffs
(Reuters) – The U.S. Trade Representative’s Office said on Friday it was extending exclusions from tariffs for 77 of 81…
Trading platform Tradeweb in talks about US default contingency plans
NEW YORK (Reuters) – Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about…
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK (Reuters) -A powerful U.S. business lobby group sued the Securities and Exchange Commission on Friday…
US consumer sentiment plummets to six-month low on debt ceiling debacle
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May on worries that political…