US labor market resilient; declining profits a red flag for economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week…
Economy
Debt ceiling dispute delays US congressional Taiwan trip
WASHINGTON (Reuters) – Negotiators’ continuing failure to reach an agreement to lift the U.S. debt ceiling forced the House of…
Lufthansa clinches deal for minority stake in ITA Airways
By Angelo Amante and Ilona Wissenbach ROME (Reuters) -Lufthansa will take a 41% stake in ITA Airways by way of…
Senate Republicans want EPA to drop plan to cut emissions, boost EVs
By David Shepardson WASHINGTON (Reuters) -A group of 27 Senate Republicans on Thursday called on the Biden administration to drop…
US dollar dominance to persist for decades despite challenges – Moody’s
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for…
Nvidia shorts down $2.3 billion with stock up 25% – S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market…
Brazil to provide financing to industry, lower auto taxes
BRASILIA (Reuters) – Brazil’s state development bank BNDES will provide 4 billion reais ($799.47 million) in dollar-denominated financing for local…
Exclusive-Slimmed-down U.S. debt ceiling deal takes shape -sources
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging…
Fed’s Collins open to pausing rate hikes at June meeting
By Michael S. Derby NEW YORK (Reuters) – Boston Federal Reserve President Susan Collins said on Thursday the time may…
Viasat wins unconditional EU antitrust approval to acquire Inmarsat
By Foo Yun Chee BRUSSELS (Reuters) – U.S. company Viasat has won unconditional EU antitrust approval to acquire British satellite…