US sets $259 million F-16 equipment sale to Turkey
By Humeyra Pamuk and Patricia Zengerle (Reuters) – U.S. President Joe Biden’s administration notified Congress on Monday of the planned…
Business
Tighter lending seen bringing mild recession later this year-Vanguard
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy…
Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation…
Dollar gains after strong New York factory survey
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory…
US Supreme Court weighs Slack direct listing class action
By Andrew Chung WASHINGTON (Reuters) – U.S. Supreme Court justices on Monday weighed a bid by Salesforce Inc’s Slack Technologies…
Merck to build out immunology presence with $11 billion Prometheus deal
By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion,…
Analysis-Boeing’s latest production problem compounds operational headache for US carriers
By Rajesh Kumar Singh and Valerie Insinna CHICAGO/WASHINGTON (Reuters) – A manufacturing problem with Boeing Co’s 737 MAX jets that…
SEC chair to defend rulemaking, enforcement record before Congress
By Chris Prentice and John McCrank NEW YORK (Reuters) – The head of the U.S. Securities and Exchange Commission (SEC)…
VW, Rivian, Nissan, BMW lose access to US EV tax credits
By David Shepardson (Reuters) – The U.S. Treasury said on Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo Cars…
Oil drops 2% on higher dollar, interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices turned lower on Monday as the U.S. dollar strengthened and as investors…