Finance

  • Brexit: 10,000 finance jobs will be shifted out of Britain
    Brexit-_10_000_finance_jobs_will_be_shifted_out_of_britain 2017-09-18 14:51:50 UTC
    LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in in...
  • Elizabeth Warren launches investigation into Equifax breach
    Elizabeth_warren_launches_an_investigation_into_equifax_data_breach 2017-09-16 02:48:20 UTC
    WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s massive data breach, and along with 11 other Democratic senators, introduced a bill to allow consumers to freeze their credit for fre...
  • Medicare for All is New Litmus Test for Democratic Presidential Hopefuls
    Single_payer_medicare_for_all 2017-09-13 14:12:46 UTC
    Sarah Jones Medicare for All is becoming the new litmus test for Democratic presidential hopefuls.Cory Booker became the fifth Democratic senator to co-sponsor Bernie Sanders’s Medicare for All bill on Monday afternoon. It’s a shift for Booker,...
  • Turkey appears to be building a military infrastructure independent of NATO
    Turkey_appears_to_be_building_a_military_infrastructure_independent_of_nato_-_putin_-_erdogan 2017-09-12 20:19:26 UTC
    Turkey has risked the anger of the United States and its fellow NATO members by signing a contract with Russia to buy a missile defense system. Turkish President Recep Tayyip Erdogan told Turkish media on Tuesday that Ankara had put down a depo...
  • Trump Tweets: 'start the Tax Reform/Tax Cut legislation ASAP'
    Trump_meeting_7_sept 2017-09-08 17:38:35 UTC
    WASHINGTON (Reuters) - U.S. President Donald Trump urged fellow Republicans on Friday to begin work on tax reform legislation immediately, exhorting them to hurry up after two days in which he stunned members of his party with overtures to opposit...
  • Ryan and Mnuchin See U.S Tax Overhaul by End of Year
    Ryan_press_briefing 2017-09-07 17:05:19 UTC
    Doina Chiacu, Susan Heavey WASHINGTON (Reuters) - Treasury Secretary Steven Mnuchin and House of Representatives Speaker Paul Ryan voiced confidence on Thursday that Congress will pass an overhaul of the U.S. tax code by the end of this year, a...
  • Elizabeth Warren backs Medicare for All
    Warren_medicare_for_all 2017-09-07 16:49:43 UTC
    Elizabeth Warren backs Medicare for All. Bernie Sanders has not yet introduced his Medicare for All bill in the Senate, but on Thursday morning it gained an important supporter in Warren. In a statement, Warren said she based her decision on her c...
  • Macron backs Germany’s idea of a European Monetary Fund to counter economic shocks
    Macron_backs_germany%e2%80%99s_idea_of_a_european_monetary_fund_to_counter_economic_shocks 2017-09-07 17:57:39 UTC
    ATHENS (Reuters) - French President Emmanuel Macron on Thursday backed Germany’s idea of a European Monetary Fund (EMF) to counter economic shocks in euro zone member states but stressed the ultimate goal of deeper integration should remain a euro...
  • White House Supports Raising Debt Ceiling
    Sarah-huckabee-sanders 2017-08-24 20:06:44 UTC
    WASHINGTON (Reuters) - The White House said on Thursday it was committed to making sure Congress raises the nation's debt limit even as the president described the looming legislative process as a "mess." "It's our job to inform Congress of the...
  • Bipartisan Policy Center Says U.S. Could Miss Payments on October 2
    Money-free-image 2017-08-24 18:08:46 UTC
    WASHINGTON (Reuters) - The U.S. government might not have enough money to pay all its bills on Oct. 2 if Washington does not raise a cap on federal borrowing, a respected think tank said in a report on Thursday. The Treasury might not have enou...
  • Schumer Says Trump Wall Threat Will Lead to U.S. Government Shutdown
    Senator_charles_schumer 2017-08-23 15:30:20 UTC
    WASHINGTON (Reuters) - Senate Democratic leader Chuck Schumer said on Wednesday that President Donald Trump's threat to shut down the government if he does not secure funding for a border wall with Mexico would lead to a shutdown that "nobody will...
  • Is Recession Looming? U.S. Household Debt Jumps To A New Record High
    Is_recession_looming__us_household_debt_jumps_to_a_new_record_high 2017-08-15 18:10:40 UTC
    NEW YORK (Reuters) - Americans' debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, where delinquencies j...
  • Mayor Rahm Emanuel: Chicago will sue the Trump administration
    Mayor_rahm_emanuel-_chicago_will_sue_the_trump_administration 2017-08-06 20:40:09 UTC
    CHICAGO/NEW YORK (Reuters) - Chicago will sue the Trump administration on Monday over threats to withhold public safety grant money from so-called sanctuary cities, escalating a pushback against a federal immigration crackdown, Mayor Rahm Emanuel ...
  • How much would the UK be willing to pay to leave the EU?
    How_much_would_the_uk_be_willing_to_pay_to_leave_the_eu 2017-08-06 04:16:37 UTC
    LONDON (Reuters) - Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy. ...
  • "Working together to take the UK out of the EU" is falling to Chaos
    %22working_together_to_take_the_uk_out_of_the_eu%22_is_falling_to_chaos 2017-07-30 04:16:56 UTC
    LONDON (Reuters) - An ally of British foreign minister Boris Johnson has criticized the Brexit transition plans of finance minister Philip Hammond, a newspaper said, in the latest sign of tensions within the government over how Britain should leav...
  • Only 29 percent of Americans want Congress to "continue working on a new healthcare bill"
    Only_29_percent_of_americans_want_congress_to_%22continue_working_on_a_new_healthcare_bill%22 2017-07-30 03:41:33 UTC
    NEW YORK (Reuters) - A majority of Americans are ready to move on from healthcare reform at this point after the U.S. Senate's effort to dismantle Obamacare failed on Friday, according to an exclusive Reuters/Ipsos opinion poll released on Saturda...
  • Elizabeth Warren called on Federal Reserve to remove members of Wells Fargo's board
    16459_%e2%80%9ci%e2%80%99ve_got_two_words_for_you__ted-_boo_hoo.%e2%80%9d_elizabeth_warren%e2%80%99s_epic_teardown_of_ted_cruz 2017-07-29 04:06:47 UTC
    WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren called on Federal Reserve Chair Janet Yellen to remove members of Wells Fargo & Co's board after revelations the company improperly charged customers for auto insurance. In a letter sent Frid...
  • Repeal Fails: President Obama’s Health Law Will Stay
    Obamacare_repeal_fails-_president_obama%e2%80%99s_health_law_stay 2017-07-30 03:51:28 UTC
    WASHINGTON (Reuters) - A U.S. Senate led by Donald Trump's fellow Republicans dealt the president a harsh blow on Friday, failing to move ahead with a major campaign promise to dismantle Obamacare as they fell one vote short of passing healthcare ...
  • Senate rejects Obamacare repeal again, eyes 'skinny' bill
    Senate_rejects_obamacare_repeal_again__eyes_'skinny'_bill 2017-07-27 05:51:10 UTC
    WASHINGTON (Reuters) - Senate Republicans fell short again in their effort to end Obamacare, rejecting a measure to repeal large portions of former President Obama's signature law that has provided health insurance to millions of Americans. The...
  • Russian cyber criminals: $4 billion bitcoin laundering ring
    Russian_cyber_criminals-__4_billion_bitcoin_laundering_ring 2017-07-26 17:56:41 UTC
    ATHENS/MOSCOW/NEW YORK (Reuters) - A Russian man suspected of being the anonymous mastermind behind one of the world's oldest crypto-currency exchanges and of laundering at least $4 billion has been arrested in Greece, police and sources said on W...
  • British households' financial situation already deteriorating
    British_households'_financial_situation_already_begun_to_deteriorate 2017-07-24 03:04:56 UTC
    LONDON - U.S. president Donald Trump announced in June 2016, "I think Brexit is going to end up being a great thing." Just one year after the Brexit vote, British people are more pessimistic and worried about their uncertain future. UK hous...
  • ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
    Rex_tillerson_skipping_first_nato_meeting__visiting_moscow 2017-07-22 08:02:32 UTC
    <blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO. The Treasury said ExxonMo...
  • African immigrants in Germany help refugees to integrate
    African_immigrants_in_germany_help_refugees_to_integrate 2017-07-21 06:52:17 UTC
    <blockquote><h2>How African migrants are turning the tide for refugees in Germany</h2><h3><i>There's hardly anyone more qualified to help migrants and refugees new to Germany than former newcomers themselves. This is the premise of AfricanTide, an...
  • Republicans in chaos over healthcare legislation
    Republicans_in_chaos_over_healthcare_legislation 2017-07-18 18:40:01 UTC
    WASHINGTON (Reuters) - Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill in the Senate collapsed late on Monday. "Regretfully, it is now apparent that the effort to repeal and imme...
  • BREXIT: EU demands up to $114 billion before talks on trading
    May_-_brexit-_eu_demands_up_to__114_billion_before_talks_on_trading 2017-07-02 20:21:37 UTC
    LONDON — UK Brexit minister David Davis said two months ago that Britain will not pay 100 billion euros ($114 billion) to leave the European Union after it was reported that the EU was preparing to demand that amount. But the EU wants to agree ...