US credit card debt tops $1 trillion, overall consumer debt little changed
By Ann Saphir (Reuters) -Americans borrowed more than ever on their credit cards in the last quarter, the New York…
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US tech groups back TikTok in challenge to Montana state ban
By David Shepardson WASHINGTON (Reuters) -Two tech groups on Monday backed TikTok in its lawsuit seeking to block enforcement of…
Analysis-MOVEit hack spawned over 600 breaches but is not done yet -cyber analysts
By Raphael Satter and Zeba Siddiqui WASHINGTON/SAN FRANCISCO (Reuters) -A hydra-headed breach centered on a single American software maker has…
Tesla’s finance chief Kirkhorn unexpectedly steps down
By Akash Sriram (Reuters) -Tesla finance chief Zachary Kirkhorn has stepped down, surprising analysts who considered the company veteran of…
Distressed US corporate debt trading touches 11-month low: JPM
By Matt Tracy (Reuters) – The amount of U.S. corporate loans and bonds trading at distressed levels has reached its…
Factbox-US banks outline expected costs to replenish FDIC’s deposit insurance fund
(Reuters) – U.S. banks have started to detail the expected impact to their costs from the “special assessment” fee they…
Washington shuts US government offices due to threatening weather
By David Shepardson WASHINGTON (Reuters) -U.S. government offices in the Washington D.C. area closed early on Monday because of threatening…
UPS cuts 2023 forecasts, fights to regain business lost during US labor talks
By Lisa Baertlein and Priyamvada C (Reuters) -United Parcel Service cut its full-year revenue and profitability targets on Tuesday as…
Texas Republican ties US homeland security funding to border demands
By David Morgan WASHINGTON (Reuters) – A prominent hardline conservative from Texas urged his fellow Republicans in the U.S. Congress…
Mixed year for French wine as champagne flows, Bordeaux hit
By Gus Trompiz PARIS (Reuters) -French wine production in 2023 is expected to be near the average of the last…