New Jersey senators seek to delay New York City congestion pricing plan
By David Shepardson WASHINGTON (Reuters) – New Jersey’s two Democratic senators and the state’s governor said on Monday they are…
Economy
Marketmind: Slump or recovery in China?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A barrage of…
Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter
By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management…
Fed’s Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced…
G7 to show unity on China approach while recognizing individual ties -US officials
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The G7 summit U.S. President Joe Biden attends in Japan this…
Fed officials expect interest rates to remain high, possibly rise
By Ann Saphir and Howard Schneider -U.S. central bankers on Monday signaled they see interest rates staying high and, if…
Anti-inflation fight may spur recession, investment opportunities -BlackRock
NEW YORK (Reuters) – Central bank efforts to tame inflation could spark a recession and market selloff that later this…
Food aid cuts still ‘red line’ in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON (Reuters) – Expanding work requirements for the largest U.S. food assistance program is still a “red…
Macron courts Tesla’s Musk and others to ‘Choose France’
By Michel Rose and Tassilo Hummel PARIS (Reuters) -President Emmanuel Macron met Tesla’s CEO Elon Musk, the boss of Pfizer…
New York Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK (Reuters) -Americans’ appetite for taking on new mortgages slowed substantially during the first quarter,…