Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has…
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S. lawmakers this week pass a bipartisan deal to raise the $31.4 trillion…
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff over raising the United States’ $31.4 trillion debt ceiling, some observers have…
Factbox-U.S. stock buybacks so far in 2023: big money, fewer companies
NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy earnings season. Chevron Corp late last month said it would triple its…
Factbox-U.S. debt ceiling: A straightforward vote is not the usual path
(Reuters) – The White House wants Congress to raise U.S. borrowing limits without conditions, but if years past are any indication, spending cuts and other legislation will factor in the haggling that…
Factbox-U.S. elections: What to watch in 2023
By Joseph Ax (Reuters) – With the 2022 U.S. midterms over, this year will feature some elections that take the measure of the public mood on major issues – and former President…
Factbox-U.S. abortion restrictions mount after overturn of Roe v. Wade
By Sharon Bernstein (Reuters) – Thirteen states have begun enforcing abortion bans since the U.S. Supreme Court in June overturned Roe v. Wade, a swift and dramatic change after nearly 50 years…
Factbox-U.S. Supreme Court to tackle a raft of new cases
(Reuters) – The U.S. Supreme Court on Monday opens a new nine-month termloaded with important cases on issues including race, voting rights, religious liberty, environmental regulation, the power of federal agencies and…
Factbox-U.S. climate package jump-starts EV, clean energy projects
By Valerie Volcovici (Reuters) – U.S. President Joe Biden’s signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments. As a result, dozens…
Factbox-U.S. business leaders who lost their jobs over personal relationships
(Reuters) – Tesla Inc CEO Elon Musk and an executive at one of his companies had twins last year, Business Insider reported this week, citing court records. It is unclear whether the…
Factbox-U.S. airline disruptions create summer of travel chaos
CHICAGO – The lifting of COVID-19 curbs and bottled-up travel demand are translating into the strongest summer since the pandemic for U.S. carriers. However, frequent mass flight cancellations are creating chaos for…
Factbox-U.S. Supreme Court takes broad view of religious rights in key cases
(Reuters) – The U.S. Supreme Court on Monday issued another significant ruling broadening religious rights, siding with a Christian former public high school football coach in Washington state who sued after being…
Factbox-U.S. Supreme Court takes broad view of religious rights in key cases
(Reuters) – The U.S. Supreme Court on Tuesday issued another important ruling expanding religious rights, siding with two Christian families who challenged a Maine state tuition assistance program that excluded private schools…
Factbox-U.S. Supreme Court takes broad view of religious rights in key cases
(Reuters) – The U.S. Supreme Court on Monday sided with a Christian group that sued Boston after officials rejected a request to fly a flag bearing the image of a cross outside…
Factbox-U.S. airlines drop mask requirements for passengers, employees
(Reuters) – The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida ruled that directive was unlawful, overturning a key White House…
Factbox-U.S. approves Ukraine aid, boosts military and domestic spending
WASHINGTON – Congress approved $13.6 billion in aid to Ukraine on Thursday as part of a $1.5 trillion spending bill that funds U.S. government operations through Sept. 30. President Joe Biden is…
Factbox-U.S. banks in Russia by the numbers
NEW YORK – Major U.S. banks have started announcing plans to wind down operations in Russia in the wake of its invasion of Ukraine and retaliatory sanctions. On Thursday, Goldman Sachs Group…
Factbox-U.S. imports of Russian oil and refined products
By Arathy Somasekhar and Marianna Parraga HOUSTON – The United States is expected to ban imports of Russian oil as soon as Tuesday, sources familiar with the matter said, in retaliation for…
Factbox-U.S. companies relax mask mandates as COVID-19 infections slow
– Several major U.S. companies are dropping their mask requirements for customers and employees who are fully vaccinated as the pace of COVID-19 infections declines in the country. A few months ago,…
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