Reaction to Biden-McCarthy debt ceiling meeting
WASHINGTON (Reuters) -President Joe Biden and top Republican lawmakers met at the White House for less than an hour on…
Economy
Turkey’s market rout deepens after Erdogan’s strong election showing
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey’s market rout deepened on Tuesday amid investor expectations that President Tayyip…
US lawmakers, Biden aides invoke China competition in debt fight
By Patricia Zengerle, Idrees Ali and Michael Martina WASHINGTON (Reuters) -Three of U.S. President Joe Biden’s top aides warned on…
Norfolk Southern bondholders sue over safety disclosures preceding Ohio derailment
By Jonathan Stempel NEW YORK (Reuters) – Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost…
US government CDS spreads decline as debt ceiling negotiations progress
NEW YORK (Reuters) – A measure of the cost to insure exposure to U.S. government debt declined on Tuesday as…
Capital One shares rebound after Warren Buffett makes near $1 billion bet on bank
By Chibuike Oguh, Niket Nishant and Chuck Mikolajczak (Reuters) -Shares of Capital One Financial Corp rose on Tuesday, rebounding from…
IMF backs Brazil’s fiscal reform, ‘ambitious’ green agenda
By Brendan O’Boyle and Carolina Pulice (Reuters) -The International Monetary Fund on Tuesday said it “strongly supports” Brazil’s efforts to…
Marketmind: Eyes on Japan GDP, China losing steam
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japan’s first quarter…
Ex-bank executive steps down from NY Fed board
By Michael S. Derby (Reuters) – Several days after ending his leadership role at a small New York State bank…
Nearly 6 million Britons missed payments on bills, regulator says
By Suban Abdulla LONDON (Reuters) – Millions of British borrowers repeatedly missed payments on bills in the six months to…