US weekly jobless claims rise slightly; labor market defies recession fears
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased modestly last week…
US
Will OPEC+ announce more output cuts? Analysts have their say
(Reuters) – The Organization of the Petroleum Exporting Countries with Russia and other allies, or OPEC+, meet on June 4…
NATO squabbles over speedy accession of Ukraine as decisive summit looms
By Sabine Siebold and Gwladys Fouche OSLO (Reuters) – Moscow cannot stop Ukraine from becoming a NATO member, the alliance’s…
SpaceX’s Starlink wins Pentagon contract for satellite services to Ukraine
By Mike Stone and Joey Roulette WASHINGTON (Reuters) – SpaceX’s Starlink, the satellite communications service started by billionaire Elon Musk,…
Stellantis does not need Italy among its shareholders, Chairman Elkann says
MILAN (Reuters) – Stellantis does not need the Italian state as a shareholder as the carmaker is in good shape,…
Treasury says further bill auctions depend on raising debt limit
(Reuters) – The U.S. Treasury Department on Thursday announced $15 billion in one-day cash management bills on June 2 and…
U.S. Supreme Court gives boost to whistleblowers in drug pricing case
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid…
AstraZeneca drug combo gets US nod to treat a type of prostate cancer
(Reuters) – AstraZeneca said on Thursday that a combination of its cancer drug Lynparza and abiraterone has been approved in…
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored…
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON (Reuters) – The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave…