Wall St ends lower, Treasury yields climb as debt ceiling talks in spotlight
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Tuesday and benchmark Treasury yields extended their rise…
Economy
Bridgewater dumps bank stocks amid turmoil in first quarter -filings
(This May 15 story has been corrected to say ‘million,’ not ‘billion,’ in paragraph 8) By Carolina Mandl SAO PAULO…
Brazil’s government eyes tax tweaks to boost revenue -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s Finance Ministry is preparing a new set of initiatives to…
Mexican president: ‘No problem’ if Grupo Mexico buys Citi’s Banamex unit
By Brendan O’Boyle MEXICO CITY (Reuters) -Negotiations over the sale of Citigroup Inc’s Mexican retail bank Citibanamex are “going really…
Biden vetoes legislation to block solar panel tariffs waivers
WASHINGTON (Reuters) -President Joe Biden said on Tuesday he has vetoed legislation passed by the U.S. Congress that would repeal…
US Commerce chief says green steel pact would combat excess Chinese output
By David Lawder WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration was “extremely focused”…
Blackstone, Thomson Reuters consortium looks to sell further $3 billion in LSEG shares
LONDON (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters, the publisher of Reuters News, is looking…
US bank regulators vow tougher rules, oversight after bank failures
By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve will unveil its plan to ratchet up capital rules…
US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) – Shares of U.S. regional lenders rose on Monday, led by a rebound…
WestJet union seeks to narrow pay gap between Canada and U.S. pilots as strike looms
By Allison Lampert (Reuters) – Higher pay remains an obstacle for Canada’s WestJet Airlines and its pilots to secure an…