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Debt ceiling worries deepen as early June U.S. default reinforced
BusinessEconomyPoliticsTop NewsUS

Debt ceiling worries deepen as early June U.S. default reinforced

By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding…

May 12, 2023May 12, 2023
Analysis-Biden’s power plant proposal poses huge test for carbon capture
BusinessEnvironmentPoliticsTop NewsUS

Analysis-Biden’s power plant proposal poses huge test for carbon capture

By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the…

May 12, 2023May 12, 2023
Elon Musk says he has found new Twitter CEO
BusinessEconomyTechnologyTop News

Elon Musk says he has found new Twitter CEO

By Chavi Mehta, Sheila Dang and Dawn Chmielewski (Reuters) – Elon Musk said on Thursday he has found a new…

May 11, 2023May 11, 2023
Big US banks to pay billions to replenish failure fund
BusinessEconomy

Big US banks to pay billions to replenish failure fund

By Pete Schroeder WASHINGTON (Reuters) -Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund…

May 11, 2023May 11, 2023
Why the US delayed China sanctions after shooting down a spy balloon
AsiaEconomyPoliticsTop NewsUS

Why the US delayed China sanctions after shooting down a spy balloon

By Michael Martina WASHINGTON (Reuters) -When an alleged Chinese spy balloon traversed the United States in February, some U.S. officials…

May 11, 2023May 11, 2023
BusinessEconomyElectionsPoliticsTop NewsUS

Biden warns of recession unless Republicans back his debt ceiling plan

By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…

May 10, 2023May 10, 2023

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