By David Lawder and Doina Chiacu WASHINGTON (Reuters) -The U.S. banking system remains sound and Americans can feel confident that their deposits are safe, Treasury Secretary Janet Yellen said on Thursday, but she denied that emergency actions after two large…
By Jessica DiNapoli (Reuters) - Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co wipes and Diet Pepsi are likely to remain steady, as manufacturers make…
By Michael Erman and Patrick Wingrove NEW YORK (Reuters) - Pharmaceutical companies that made billions from the pandemic over the past two years selling vaccines and treatments are now up against a steep COVID cliff and investor pressure to spend…
By Mark John (Reuters) - Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households. The Edelman…
By Marc Jones LONDON (Reuters) - Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been perhaps the most turbulent year investors have ever…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its aggressive policy tightening path. Brent crude futures settled…
By Nick Carey and Paul Lienert (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead…
By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly…
(Reuters) - Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a list of actions taken by governments to try to help…
By Nick Carey and Paul Lienert MILTON KEYNES, England (Reuters) -Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be…
Do You Have Money With Any of These 45 Businesses? [ad]
Analyst who called Lehman Bros. collapse warns Americans who think bank troubles are over: Is your bank, savings, or investments on this danger list? Answers HERE…