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…
US
Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
By Dietrich Knauth (Reuters) – Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed…
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…
Elon Musk loses bid to end SEC ‘muzzle’ over tweets
By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Monday rejected Elon Musk’s bid to modify or end…
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…
Natera wins $19 million US verdict from ArcherDX in cancer-detection patent case
By Blake Brittain (Reuters) – Genetic testing company Natera Inc convinced a Delaware federal jury on Monday to award it…
US charges ex-Army employee at South Korean facility with bribery, fraud
NEW YORK (Reuters) – A former civilian employee at a U.S. Army facility in South Korea has been arrested on…
GM recalls 42,000 vehicles in Canada for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from…