By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court, with its 6-3 conservative majority, managed to bridge its ideological divide in major rulings this month involving constitutional gun rights and access to the abortion pill, but that could change as the court heads into what may be the final week of […]
By Andrew Silver, Timothy Aeppel and Rozanna Latiff SHANGHAI (Reuters) – Higher U.S. tariffs on medical gloves, syringes and face masks from China are unlikely to make U.S. producers more competitive, as other low-cost suppliers are expected to rush in to fill the gap, industry executives said. Earlier this month, Washington announced steep tariff hikes […]
By Laura Matthews and Sinead Cruise NEW YORK/LONDON (Reuters) – Participants in the United States’ multitrillion-dollar securities markets face an early test of their ability to cope with regulatory reforms to speed up trade settlement, as a major index rebalance scheduled to occur just days after the planned switch risks causing a spike in failed […]
By Lewis Krauskopf NEW YORK (Reuters) – Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a strong bull run. The benchmark S&P 500 index is up over 25% in the last five months, a phenomenon that has […]