Factbox-What’s in the debt ceiling deal Biden, McCarthy are negotiating?
By Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal…
Economy
Canada’s 2022-23 fiscal year budget deficit shrinks to C$41.31 billion
OTTAWA, May 26 (Reuters) – Canada’s budget deficit in fiscal 2022/23 shrank to C$41.31 billion ($30.89 billion) from C$95.57 billion…
Fed ‘pause’ on rate hikes in doubt after strong US data
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers got a dose of unexpectedly strong U.S. economic data…
Glass Lewis recommends investors vote against Toyota chairman
By Makiko Yamazaki and Daniel Leussink TOKYO (Reuters) -Proxy adviser Glass Lewis has recommended that shareholders of Toyota Motor Corp…
Treasury’s Yellen notes US economic resilience in meeting with IMF’s Georgieva
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen spoke about the U.S. economy’s resilience in the face of global headwinds in…
Power transmission deal being mulled in US debt limit talks -sources
By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) -A bill to boost power transmission between U.S. regions is being considered…
U.S. screens highest number of air passengers since 2019
By David Shepardson WASHINGTON (Reuters) -The Transportation Security Administration screened 2.658 million passengers on Thursday, the highest number since the…
Buyout firm Kelso explores sales of Augusta Sportswear -sources
By Abigail Summerville NEW YORK (Reuters) – Private equity firm Kelso & Co is exploring a sale of Augusta Sportswear…
Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDON(Reuters) – Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake…
French tyre maker Michelin sells its activities in Russia
By Dina Kartit (Reuters) – French tyre maker Michelin said on Friday it was selling its Russia Tyre Manufacturing Company…