Explainer-What is Chevron deference and why did the Supreme Court overturn it?
By Alexandra Alper and Jody Godoy WASHINGTON (Reuters) -The U.S. Supreme Court decided on Friday to overturn a 40-year-old legal…
Month: June 2024
New York Fed says reverse repo inflows hit highest level since start of year
NEW YORK (Reuters) – The quarter end saw substantial inflows into the Federal Reserve Bank of New York’s reverse repo…
Biden’s shaky Trump debate alarms Democrats, raises questions for his campaign
By Stephanie Kelly, Steve Holland and Nandita Bose (Reuters) -U.S. President Joe Biden’s shaky performance against Republican rival Donald Trump…
BlackRock shareholders vote to keep company directors in place in fight with Saba
By Svea Herbst-Bayliss NEW YORK (Reuters) – BlackRock won a fight with hedge fund manager Boaz Weinstein this week when…
Switzerland, US agree on exchange of financial account data
ZURICH (Reuters) – Switzerland and the United States signed an agreement on Thursday for a mutual exchange of financial account…
US charges 193 people in $2.75 billion health care fraud bust
(Reuters) – The U.S. Justice Department has charged 193 people, including 76 doctors, nurses and other medical professionals, with participating…
Nike posts surprise quarterly revenue drop on choppy demand
(Reuters) -Nike reported a surprise drop in fourth-quarter revenue on Thursday, as the sportswear maker struggled with low demand for…
Russian satellite breaks up in space, forces ISS astronauts to shelter
By Joey Roulette WASHINGTON (Reuters) -A defunct Russian satellite has broken up into more than 100 pieces of debris in…
Boeing resuming widebody airplane deliveries to China, source says
By Allison Lampert, David Shepardson SEATTLE/WASHINGTON (Reuters) -Boeing is resuming widebody jet deliveries to China which were halted in recent…
Wall Street ends slightly up, trade choppy ahead of inflation data
By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -Major U.S. stock indexes closed with modest gains on Wednesday…