US labor market cooling; leading indicator flashes recession
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
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Chevron, Exxon pursue cleaner gasoline as alternative to EVs
By Sabrina Valle HOUSTON (Reuters) – The two largest U.S. oil companies are road testing renewable gasoline blends that they…
Blackstone is in talks to help regional banks with lending
NEW YORK (Reuters) -Blackstone Inc, the biggest manager of private equity and real estate assets, said on Thursday it was…
Factbox-What’s in Republican McCarthy’s debt-limit spending cut package?
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill this week that would pair $4.5 trillion…
With eye on IRA, Dowlais targets U.S. rare earth magnets for electric vehicles
By Nick Carey LONDON (Reuters) – UK auto supplier Dowlais is developing rare earth magnets for production in the U.S….
One drug medication abortion with misoprostol grows in US
By Ahmed Aboulenein and Michael Erman WASHINGTON (Reuters) – Use of the drug misoprostol on its own to terminate pregnancies…
Debt ceiling jitters lift US credit default swaps to highest since 2011
By Karin Strohecker, Dhara Ranasinghe and Davide Barbuscia LONDON/NEW YORK (Reuters) -Market jitters over the U.S. debt ceiling lifted the…
US veterans suing 3M over earplugs seek to stop unit’s ‘false alarm’ bankruptcy
By Dietrich Knauth (Reuters) -U.S. veterans and members of the military on Wednesday urged a judge to dismiss 3M’s bid…
AmEx’s costs, provisions cloud profit despite higher credit card use
By Siddarth S and Niket Nishant (Reuters) – American Express Co’s profit missed Wall Street estimates on Thursday despite higher…
US regional banks’ shares slip as deposit flight counters higher interest income
By Manya Saini (Reuters) – A clutch of U.S. regional lenders on Thursday joined peers in reporting deposit outflows for…