By Lucia Mutikani WASHINGTON (Reuters) -U.S. monthly inflation was unchanged in May as a modest increase in the cost of…
Ackman’s Pershing Square USA to offer shares at $50 in NY listing
(Reuters) – Pershing Square USA, a fund managed by billionaire Bill Ackman, said on Friday it plans to offer shares…
Microsoft hit with EU antitrust charge over Teams app, risks hefty fine
(This June 25 story has been corrected to say ‘eleven years,’ not ‘two decades,’ in paragraph 2, and ‘in the…
Jobs, inflation data may break the US Treasury market out of narrow range
By David Randall NEW YORK (Reuters) – A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman…
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
By Saeed Azhar and Jonathan Stempel NEW YORK (Reuters) -Citigroup urged a judge to dismiss a lawsuit by a former…
White House seeks $4 billion more in funding from Congress for disaster needs
(Reuters) – The White House is seeking an additional $4 billion in funding from Congress for disaster needs, including to…
New York Fed says reverse repo inflows hit highest level since start of year
NEW YORK (Reuters) – The quarter end saw substantial inflows into the Federal Reserve Bank of New York’s reverse repo…
Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Aramco close to agreeing 10% stake in Renault, Geely thermal engines JV, sources say
PARIS (Reuters) -Saudi Aramco is set to take a 10% stake in a thermal engine joint venture between Renault and…
Stocks mixed, bond yields dip after US economic data
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were mixed in choppy trading Thursday, while U.S. Treasury yields declined…