Reuters USA

By Kanishka Singh (Reuters) – A Michigan man was arrested and charged with illegal ownership of firearms after he made death threats against Michigan Governor Gretchen Whitmer and President Joe Biden, the U.S. Justice Department said on Friday. Federal agents, after receiving an online tip this week from YouTube owner Google, uncovered threats posted on …

Michigan man arrested after alleged threats against governor, Biden Read More »

MEXICO CITY (Reuters) – Mexico’s top diplomat on Friday criticized comments by former U.S. Attorney General William Barr, who had called for increased U.S. involvement in Mexico to tackle drug cartels, saying Mexico “will never allow its sovereignty to be violated.” Following an op-ed published in the Wall Street Journal by Barr last week, Mexican …

Mexico’s top diplomat stresses cooperation with U.S. versus intervention Read More »

BRASILIA (Reuters) – Brazil’s finance chief said the government’s eagerly awaited fiscal framework would include a new rule to monitor spending but without addressing public debt, in remarks on Friday ahead of unveiling the rules backed by President Luiz Inacio Lula da Silva. In an interview with CNN Brasil, Finance Minister Fernando Haddad stressed that …

Brazil fiscal framework to include rule to track spending, says Haddad Read More »

(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s long-term local currency bank deposit to Caa2 from A1 and issuer ratings to C from Baa1. S&P Global earlier today slashed credit ratings on SVB …

Moody’s downgrades credit ratings on Silicon Valley Bank, SVB Financial Read More »

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday on the collapse of SVB Financial Group as she and the White House expressed confidence in their abilities to respond to the largest bank failure since the 2008 financial crisis. Yellen met with officials from the Federal Reserve, the Federal Deposit Insurance …

Treasury, White House: Confident in regulators response on Silicon Valley Bank collapse Read More »

(Reuters) – U.S. rail operator Norfolk Southern Co said on Friday it has reached an agreement with two of its labor unions to provide up to seven paid sick days a year to its members. The company said it will provide four days of paid sick leave and allow members to use up to three …

Norfolk Southern to give up to seven paid sick days per year to union members Read More »

By Lewis Krauskopf NEW YORK (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout from the largest bank failure since the financial crisis. Friday’s mixed U.S. jobs report eased some worries about big rate hikes, days after Fed Chair …

Inflation data on deck for markets hit by worries about Fed, banks Read More »

By Jody Godoy (Reuters) – Former U.S. Congressman Stephen Buyer was convicted by a New York jury on Friday of trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc (TMUS.O) ahead of its $23 billion merger with Sprint. Buyer was a Republican from Indiana in the U.S. House of …

Ex-US congressman convicted of insider trading before T-Mobile merger Read More »