Cost of insuring against US default contracts further on debt bill hopes
LONDON (Reuters) – The cost of insuring exposure to a U.S. debt default fell further on Tuesday, reflecting investor optimism…
Economy
Top AI CEOs, experts raise ‘risk of extinction’ from AI
By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on…
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…
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…
Informal labour accounts for two-thirds of Morocco jobs – stats agency
By Ahmed Eljechtimi RABAT (Reuters) – Two thirds of Moroccan jobs are now in the grey economy, statistics agency said…
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…
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…
Colombia’s central bank could end rate hikes if inflation slows more -board chief
BOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest…