Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch
WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow”…
Exclusive-Pakistan expects IMF deal in next 24 hours – finance minister
By Asif Shahzad LAHORE (Reuters) -Pakistan’s finance minister said a staff level agreement for a crucial bailout deal with the…
What the Supreme Court’s ruling on affirmative action means for colleges
By Joseph Ax (Reuters) -The U.S. Supreme Court on Thursday struck down race-conscious policies in college admissions, ending decades of…
Thrift store operator Savers valued at nearly $4 billion in market debut
By Sri Hari N S and Niket Nishant (Reuters) -Thrift store operator Savers Value Village fetched a market capitalization of…
Canadian wildfire smoke spreads, 100 million Americans under air-quality alerts
By Brendan O’Brien CHICAGO (Reuters) -Murky, dull skies loomed over tens of millions of Americans on Thursday as smoke from…
Exclusive-EDF CEO tells managers nuclear business to be reorganised
PARIS (Reuters) – EDF CEO Luc Remont told managers on Thursday that the state-owned power group’s nuclear activities would be…
U.S. Supreme Court buoys religious employees who seek accommodations at work
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday bolstered the ability of employees to obtain accommodations at work…
US Midwest drought expands, but forecast rains offer relief to crops
By Karl Plume CHICAGO (Reuters) – The most intense drought to hit the U.S. Midwest farm belt since 2012 deepened…
AI company Runway valued at $1.5 billion in latest funding – source
(Reuters) – AI company Runway has been valued at $1.5 billion in its latest round of funding, a source familiar…
Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent…