CHRISTIANSTED, St. Croix (Reuters) -President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal…
U.S. Treasury says consumer leases can qualify for EV tax credits
By David Shepardson (Reuters) -The U.S. Treasury Department said on Thursday that electric vehicles leased by consumers can qualify starting…
Wall Street surges in dip-buying rally, oil falls
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently…
Senator wants U.S. to pause implementation of new electric vehicle tax credits
(Reuters) – Senate Energy and Natural Resources Committee chair Joe Manchin on Thursday urged the U.S. Treasury to pause implementation…
U.S. sues AmerisourceBergen, says distributor helped ignite opioid epidemic
By Nate Raymond, Jonathan Stempel and Gram Slattery WASHINGTON (Reuters) -The U.S. government on Thursday filed a lawsuit accusing AmerisourceBergen…
Jobless benefits rolls grow but U.S. labor market remains resilient
By Dan Burns (Reuters) -The number of Americans filing new claims for unemployment benefits edged higher last week and a…
Analysis-China’s services sector eyes recovery after reopening, but challenges loom
By Joe Cash and Engen Tham BEIJING/SHANGHAI (Reuters) – Jordan Li, a restaurant owner in the southwestern Chinese city of…
Southwest flight upheaval a ‘system failure,’ U.S. says
By Kanishka Singh WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg on Wednesday ratcheted up pressure on Southwest Airlines, saying thousands…
U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing…
Tesla shares record rare jump this month on the way to worst year
(Reuters) – Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on…