Tighter work requirements for welfare programs on table in debt ceiling talks – sources
By Jarrett Renshaw WASHINGTON (Reuters) – Aides for President Joe Biden and Republican House Speaker Kevin McCarthy have been discussing…
Economy
US consumer spending appears solid early in second quarter
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending appears to have increased solidly in April, with households boosting purchases…
JPMorgan CEO says unlikely to acquire other struggling banks
By Nupur Anand and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon said that it…
UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024
UNITED NATIONS (Reuters) – Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a…
Making the four-day week work for Britain
By Sarah Young and David Milliken HOVE, England (Reuters) – Two workers glide between a computer screen and a stainless…
UK’s competition boss: We do not want a hostile environment for tech
LONDON (Reuters) – The head of Britain’s anti-trust regulator said it was not seeking to create a “hostile environment” for…
Stellantis recalls 219,000 Jeep SUVs over fire risks
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Tuesday it is recalling 219,000 Jeep Cherokee SUVs worldwide for fire…
Fed’s Barkin: ‘Comfortable’ with more hikes if needed – Bloomberg TV
(Reuters) – Richmond Federal Reserve President Thomas Barkin on Tuesday he likes the “optionality” implied in the central bank’s latest…
Cryptoverse: Every frog has its day as pepe pops 7,000%
(Our weekly analysis of the wild world of cryptocurrencies) By Lisa Pauline Mattackal and Medha Singh (Reuters) – Move over…
Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat
(Reuters) – A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen’s $27.8 billion deal for Horizon…