Senator says Trump cannot ignore law requiring ByteDance to divest TikTok by next year
By David Shepardson WASHINGTON (Reuters) -President-elect Donald Trump cannot ignore a law requiring Chinese-based ByteDance to divest its popular short…
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Hurricanes, Boeing strike likely cut at least 100,000 jobs from US payrolls in October
By Lucia Mutikani WASHINGTON (Reuters) -Employment dropped considerably in Washington State and Florida in October, suggesting that a strike by…
Republican bill to restrict first transgender member of Congress draws criticism
By Moira Warburton WASHINGTON (Reuters) – A Republican member of the U.S. House of Representatives introduced a bill aimed at…
Exclusive-Democratic senators ask Pentagon, US attorney general to probe Musk’s alleged Russia calls
By Joey Roulette WASHINGTON (Reuters) – Reports that billionaire Elon Musk has held multiple calls with Russian officials, including President…
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
(Reuters) – Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which…
Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw (Reuters) -President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle…
Traders bet on Fed December rate cut after inflation data
(Reuters) – Traders of contracts that settle to the Federal Reserve’s policy rate moved Wednesday to price in a firmer…
Bitcoin rises above $90,000 on Trump euphoria
By Rae Wee and Hannah Lang (Reuters) – Bitcoin broke through the $90,000 level on Wednesday, as its rally showed…
US banks saw weaker loan demand in the third quarter, Fed survey shows
(Reuters) -U.S. banks saw weaker demand for a key category of business loans during the third quarter, while the demand…
Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up bank stocks at the quickest clip in three years while…