White House considers two key nominations at the Fed -NYT
(Reuters) -U.S. President Joe Biden is likely to nominate current Federal Reserve Governor Philip Jefferson to be the central bank’s…
Economy
US Senate Republican urges Biden, McCarthy to meet on debt ceiling: ‘Time is a-wastin’
WASHINGTON (Reuters) – No. 2 U.S. Senate Republican John Thune on Monday said the news that the federal government could…
Factbox: U.S. debt ceiling: A ‘clean’ increase is not the rule
(Reuters) – The U.S. federal government is ticking closer to its “x-date,” when it will no longer be able to…
Behind EU lawmakers’ challenge to rein in ChatGPT and generative AI
(This April 28 story has been refiled to remove repeated word in paragraph 1) By Martin Coulter and Supantha Mukherjee…
G7 should adopt ‘risk-based’ AI regulation, ministers say
By Kantaro Komiya TAKASAKI (Reuters) -Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers…
Wall St stocks end lower, dollar gains after data; Fed, earnings in the wings
By Sinéad Carew (Reuters) – Wall Street indexes closed slightly lower and the dollar gained with Treasury yields as investors…
Fed: Refinements to its new standard for officials, staff trading coming
By Michael S. Derby (Reuters) -The Federal Reserve is planning new steps to ensure officials and top staff are complying…
American Airlines pilots authorize a strike mandate
By Allison Lampert (Reuters) -North American pilots took fresh steps on Monday to press for workforce gains, with American Airlines…
First Republic collapse sparks regional bank shares sell-off
By Manya Saini (Reuters) – Shares of several regional lenders fell on Monday after the collapse of First Republic Bank,…
U.S. Supreme Court to examine whistleblower claims against financial firms in UBS case
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial…