By Jeff Mason and Steve Holland WASHINGTON (Reuters) -President Joe Biden celebrated his climate change and drug pricing law, The Inflation Reduction Act, on Tuesday on the White House lawn, highlighting Democrats' commitment to progressive priorities even as high consumer…
Economy
(Reuters) -Twitter Inc's shareholders approved a $44 billion buyout by Elon Musk on Tuesday, handing over the deal's outcome to a court battle in which the billionaire is trying to scrap the purchase. (Reporting by Nivedita Balu in Bengaluru; Editing…
By Jorgelina do Rosario and Andrea Shalal LONDON/WASHINGTON (Reuters) -The International Monetary Fund's executive board, under pressure to provide emergency funding to countries facing war-induced food price shocks, reviewed a plan on Monday that would help Ukraine and other countries…
By Tom Hals WILMINGTON, Del. (Reuters) -Elon Musk's can use a whistleblower's claims in his legal case against Twitter Inc but the billionaire cannot delay the trial over his attempt to walk away from his $44 billion deal for the…
(Reuters) - The high cost of rental accommodation in the United States has not yet fully filtered through to inflation measures, suggesting inflation may still rise further, Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday "I'm not even…
By Lisa Pauline Mattackal (Reuters) - Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it's been eerily subdued. The king of the swingers has been uncharacteristically treading water for days…
By Chris Taylor NEW YORK (Reuters) - It is rare enough to have one career that becomes part of a pop-culture phenomenon. Stevie Van Zandt has two. As a musician, including as a member of Bruce Springsteen's E Street Band,…
By Jonathan Stempel NEW YORK (Reuters) - A New York City agency overseeing workplace affairs said on Friday it sued Starbucks Corp because the coffee chain illegally fired a longtime barista and union organizer shortly after employees in his store…
By Noel Randewich (Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to…
By Lisa Pauline Mattackal (Reuters) - The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the…