Yellen says pressures remain on some U.S. regional bank stocks but system sound
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday that some regional bank stock prices remained under pressure,…
Economy
Exclusive-Vanguard overcomes Republican challenge to US utility stakes
By Ross Kerber (Reuters) – Vanguard Group, the largest provider of mutual funds, has secured regulatory approval to continue to…
Twitter beats two lawsuits stemming from mass layoffs, for now
By Daniel Wiessner (Reuters) -A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting…
Lucid posts quarterly revenue well below estimates as EV price war hits demand
By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle (EV) maker Lucid Group Inc reported lower-than-expected first-quarter revenue on Monday…
Mexico rolls out investment plans for southern industrial corridor
By Kylie Madry MEXICO CITY (Reuters) -The Mexican government on Monday set out fresh details of a plan to attract…
UK sales growth holds steady in April, retailers hope for better summer
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were…
Crypto exchange Bittrex files for bankruptcy after SEC complaint
By Dietrich Knauth (Reuters) – Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S….
Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms
By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit…
Canada’s Cenovus Energy shuts down some production due to Alberta wildfire
(Reuters) – Canada’s Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its…
Wall Street ends near flat ahead of inflation data
By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl (Reuters) – U.S. stocks paused on Monday after a strong rally…