April 16, 2024

By Davide Barbuscia NEW YORK (Reuters) -U.S. short-term funding costs rose slightly this week due to tax-related outflows and demand for cash to finance the Treasury’s debt issuance, but market[...]

By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale[...]

By Andrea Shalal WASHINGTON (Reuters) -The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock the value of nearly $300 billion in frozen Russian asset[...]

(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of[...]

By David Lawder WASHINGTON (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world out[...]

By Uditha Jayasinghe and Marc Jones COLOMBO (Reuters) -Sri Lanka on Tuesday rejected international bondholders’ proposal to restructure more than $12 billion in debt, putting at risk critical In[...]

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that China’s massive investments in advanced manufacturing of clean energy goods have[...]

By Ludwig Burger FRANKFURT (Reuters) -Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter. In an unscheduled announcem[...]

By Ahmed Aboulenein WASHINGTON (Reuters) – Pharmacy benefit managers (PBMs) are in the crosshairs of Republicans and Democrats in Congress but have so far dodged any new litigation or reforms th[...]