Fraud in Massachusetts is boosting US weekly jobless claims, economists say
WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data,…
Economy
US SEC proposes plan to bolster clearing houses’ resiliency
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan…
Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold its key interest rate steady this year despite…
Price pressure in Russia gradually intensifying -central bank
MOSCOW (Reuters) – Russia’s central bank on Wednesday said price pressure was gradually intensifying after a period of restrained price…
Brazil’s antitrust watchdog approves L’Oreal deal to buy Aesop
SAO PAULO (Reuters) – Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s…
Ukraine Black Sea grain deal extended for two months
By Huseyin Hayatsever and Michelle Nichols ANKARA/UNITED NATIONS (Reuters) -The Ukraine Black Sea grain deal has been extended for two…
Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored…
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) – Meta Platforms Inc is set to face a record European Union…
Swiss parliament to investigate Credit Suisse collapse
ZURICH (Reuters) – Credit Suisse’s collapse and its takeover by UBS will be investigated by a parliamentary commission (PUK), the…
US single-family building permits at 7-month high; housing slump persists
By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. single-family homebuilding jumped to a seven-month high in April, giving…