Economy

By David Shepardson (Reuters) -New York Governor Kathy Hochul will announce on Thursday that the state plans to revive a congestion charge for driving in parts of Manhattan that she…

By Giuseppe Fonte, Valentina Za and Andrea Mandala ROME (Reuters) -Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena,…

(Reuters) – Cisco Systems (NASDAQ:CSCO) raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven…

By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue uninterrupted. “Trees don’t…

Investing.com — St Louis Federal Reserve President Alberto Musalem suggested Wednesday that the Fed can take its time to gauge whether further rate cuts are needed, though said that if…

By David Shepardson WASHINGTON (Reuters) – U.S. passenger railroad Amtrak said Wednesday it was temporarily suspending all train service between New York and Washington because of overhead power issues in…

Investing.com — The road ahead for a December rate cut remains in place as recent comments from Fed members signal that policy is still in restrictive territory, UBS said in…

By Davide Barbuscia NEW YORK (Reuters) – A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling that have roiled markets…

(Reuters) -Elon Musk’s X Corp has tapped former Tubi executive Mahmoud Reza Banki as chief financial officer, in one of the social media platform’s biggest hires as its billionaire owner…

By David Morgan WASHINGTON (Reuters) – Republicans’ lock on power in Washington next year will allow President-elect Donald Trump to pursue an aggressive agenda of tax cuts for businesses, workers…