US labor market cooling; leading indicator flashes recession
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
Business
Chevron, Exxon pursue cleaner gasoline as alternative to EVs
By Sabrina Valle HOUSTON (Reuters) – The two largest U.S. oil companies are road testing renewable gasoline blends that they…
Blackstone is in talks to help regional banks with lending
NEW YORK (Reuters) -Blackstone Inc, the biggest manager of private equity and real estate assets, said on Thursday it was…
Yellen raps China for serving as ‘roadblock’ in debt restructuring process
By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief…
Fed in discussions with banks about managing risks of AI: Waller
(Reuters) – The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial…
With eye on IRA, Dowlais targets U.S. rare earth magnets for electric vehicles
By Nick Carey LONDON (Reuters) – UK auto supplier Dowlais is developing rare earth magnets for production in the U.S….
One drug medication abortion with misoprostol grows in US
By Ahmed Aboulenein and Michael Erman WASHINGTON (Reuters) – Use of the drug misoprostol on its own to terminate pregnancies…
Emergent aims to price over-the-counter Narcan at about $50
(Reuters) – Contract drugmaker Emergent BioSolutions Inc said on Thursday it is aiming to price the over-the-counter (OTC) version of…
Deutsche Bank Russian profits leapt in 2022, even as assets dropped
(Reuters) – Deutsche Bank’s Russian subsidiary’s profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million),…
Debt ceiling jitters lift US credit default swaps to highest since 2011
By Karin Strohecker, Dhara Ranasinghe and Davide Barbuscia LONDON/NEW YORK (Reuters) -Market jitters over the U.S. debt ceiling lifted the…