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19 May

Wall Street opens higher on hopes of debt ceiling deal

Wall Street's main indexes opened higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.

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17 May

U.S. House Speaker McCarthy says he thinks U.S. will not default

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16 May

EU states approve world's first comprehensive crypto rules

European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.

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16 May

Fed's Mester says not yet at point where it can 'hold' rates

DUBLIN (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that she does not think the U.S. central bank is at a point yet where it can hold interest rates steady for a period of time, given how stubborn inflation is.

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16 May

US special counsel faults FBI's handling of 2016 Trump-Russia probe

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16 May

Fed's Mester says central bank committed to getting back to 2% inflation

Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday the U.S. central bank remains committed to getting inflation down but did not offer any comment on the near term monetary policy actions.

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12 May

Tesla owners sue over impact of software update on EV batteries

A group of U.S. Tesla Model S and Model X owners filed a proposed class-action lawsuit against the electric vehicle maker in California Friday over automatic software updates that reportedly decreased driving range or cause battery failures.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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