Top House Republican says should be conditions on California wildfire aid
WASHINGTON (Reuters) – Republican U.S. House Speaker Mike Johnson said on Monday that Congress should place conditions on aid to Los Angeles communities devastated by wildfires, alleging that state and local officials in largely Democratic California have mismanaged the state’s
US Fed bank boards more diverse this year than last
(Reuters) – The boards of directors of the Federal Reserve’s 12 regional banks have grown more diverse by gender and race in 2025, data released by the U.S. central bank on Monday showed, though as a group the banks’ chairs
Morning Bid: No let up from dollar, US yield squeeze
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A sea of red across most equity markets and no end in sight to the rise in the dollar and U.S. bond yields is the backdrop to what
Markets can weather a ‘no landing’ scenario, Deutsche Bank says
Investing.com — Markets are struggling in the wake of a surging Treasury yields on fresh fears disinflation could be stalling even as growth remains solid, but Deutsche Bank (ETR:DBKGn) believes that markets can weather this ‘no landing’ scenario. “Recent
Rachel Reeves weighs a ‘hotel tax’ as treasury battles to fill funding gap
Britons and overseas visitors may soon find themselves paying a “hotel tax” on every overnight stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to climb. The potential levy, part of “modelling exercises” carried out