By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectat[...]
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Politics
US lawmakers say Brazil low-carbon fuel program blocks US companies
By Marcelo Teixeira NEW YORK (Reuters) – A group of U.S. congressmen have formally complained about what they call unfair ethanol trade practices by Brazil that includes a blockade of U.S. compa[...]
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Airbnb sues New York City over short-term rental restrictions
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a “de facto ban” against short-term rentals set to go[...]
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Fed should stop raising rates, at least in June -Harker
By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve President Patrick Harker said on Thursday, even though high inf[...]
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US Supreme Court throws out ruling against Slack over direct listing
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday gave Salesforce Inc’s Slack Technologies another chance to avoid a lawsuit over the workplace communications software company’[...]
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Stellantis does not need Italy among its shareholders, Chairman Elkann says
MILAN (Reuters) – Stellantis does not need the Italian state as a shareholder as the carmaker is in good shape, its Chairman John Elkann said on Thursday, responding to business lobby calls for[...]
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Treasury says further bill auctions depend on raising debt limit
(Reuters) – The U.S. Treasury Department on Thursday announced $15 billion in one-day cash management bills on June 2 and said it tentatively plans to sell 13-week and 26-week bills on June 5, b[...]
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Pentagon buys Starlink for Ukraine – statement
WASHINGTON (Reuters) – Starlink, the satellite communications service started by billionaire Elon Musk, now has a Department of Defense contract to buy those satellite services for Ukraine, the[...]
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Analysis-US debt-ceiling deal dooms Biden’s revolutionary tax plans
By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities[...]
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