The Organisation for Economic Cooperation and Development (OECD) on Tuesday acknowledged for the first time that a global digital tax deal may take a year longer to implement.

Senators Maria Cantwell, chair of the Commerce Committee, and Chuck Grassley, the top Republican on the Judiciary Committee, introduced a bill on Tuesday that would give the U.S. Federal Trade Commission more power to rein in pharmacy benefit managers, which administer pharmaceutical plans, Cantwell's office said.

(Reuters) -European shares ended lower on Tuesday, tracking declines in global stock markets with business expansion data for May renewing investor concerns over slowing economic growth and monetary policy tightening.

WASHINGTON (Reuters) -The Fed's holdings of Treasury bonds and mortgage backed securities is projected to decline by roughly $2.5 trillion by mid-2025 to roughly $5.9 trillion, when the central bank's run-off of assets is likely to be halted to maintain an adequate level of bank reserves, the New York Fed said on Tuesday.

Billionaire Tom Steyer and investment partner Katie Hall have led the latest funding round for technology start-up Regrow Ag, which aims to help accelerate the shift to climate-friendly farming.