by Reuters | May 20, 2022 | Business, Economy, Europe, Politics, US
By Karin Strohecker LONDON (Reuters) -Russia rushed forward two payments on its international debt on Friday in its latest attempt to stave off a default that has looked on cards since its invasion of Ukraine. A week before the interest payments are due and just five...
by Reuters | May 19, 2022 | Business, Politics, Top News, US
WASHINGTON (Reuters) -The U.S. House passed a bill on Thursday that allows the U.S. president to issue an energy emergency declaration, making it unlawful for companies to excessively increase gasoline and home fuel prices. The bill must pass the Senate, which is...
by Reuters | May 18, 2022 | Business, Economy, US
By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. homebuilding tumbled to a five-month low in April, suggesting the housing market was slowing as rising mortgage rates contribute to reduced affordability for entry-level and first-time buyers. But...
by Reuters | May 18, 2022 | Business, Economy, Technology, US
By Greg Roumeliotis and Tom Hals (Reuters) – Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he opted out of asking the questions about the social media company’s business he has now cited in declaring the $44...
by Reuters | May 17, 2022 | Business, Economy, US
By Noel Randewich and Amruta Khandekar (Reuters) – Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten of the 11 major S&P...
by Reuters | May 17, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors’ appetite for riskier bets diminished the U.S. currency’s appeal....