Fed paper: Financial conditions tightest since crisis over a decade ago
By Michael S. Derby (Reuters) – The financial sector is taking the biggest bite out of U.S. economic activity since…
US
Fed trying to figure out if rates are high enough: Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said that he and colleagues will be parsing what…
GM buys Israel-based software startup to detect early battery defects
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems…
Biden concerned Supreme Court LGBT rights ruling could lead to more discrimination
(Reuters) – U.S. President Joe Biden on Friday said he was concerned that a Supreme Court ruling that the constitutional…
US consumer spending hits speed bump; inflation picture mixed
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fizzled in May as households cut back on purchases of new…
US Supreme Court won’t scrutinize Mississippi curb on voting by felons
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday turned away a bid by two Black Mississippians…
US Supreme Court to decide legality of SEC in-house enforcement
By Andrew Chung (Reuters) – The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden’s…
Venezuela pursues debt settlement with Crystallex, Conoco, bondholders
By Marianna Parraga HOUSTON (Reuters) – Negotiators representing Venezuela have held settlement talks with bondholders and creditors owed billions of…
US Supreme Court to weigh legality of domestic-violence gun curbs
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court took up another major dispute over gun rights on Friday,…
As the Libor era ends, market participants hope for ‘crickets’
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer…