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Many small US banks not ready to borrow from Fed in an emergency
By Ann Saphir (Reuters) - The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some U.S. banks are not prepared to borrow from the Federal Reserve if they ne...
Syndicated Content Aug 02, 2023
Analysis-Weather woes, Russia upend outlook for global wheat suppliers
By Tom Polansek CHICAGO (Reuters) - Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis shows, a decline coming as to...
Syndicated Content Aug 02, 2023
Wall St futures tumble after Fitch downgrades top-tier US rating
(Reuters) - Wall Street futures tumbled on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating sparked a flight to safety in global financial markets. Fitch dow...
Syndicated Content Aug 02, 2023
Toyota revamps iconic Land Cruiser with hybrid version
TOKYO (Reuters) - Toyota on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports...
Syndicated Content Aug 02, 2023
Greece offers free holiday to tourists who fled Rhodes fires
ATHENS (Reuters) - Greece said on Wednesday it will offer a week-long free stay on Rhodes in 2024 to tourists whose vacation was cut short by wildfires that burned for days on the island in July, dama...
Syndicated Content Aug 02, 2023
Factbox-Credit rating: The shrinking ‘triple A’ club
(Reuters) - Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating by a notch to 'AA+' sending jitters across global markets as investors assessed the impact from the move....
Syndicated Content Aug 02, 2023

Mega Millions jackpot grows even bigger after no winner Tuesday night
CHICAGO, Ill. - The Mega Millions jackpot grows to an estimated $1.25 billion after no one matched all the numbers in Tuesday night's drawing. The winning numbers were 8, 24, 30, 45, 61 and the yellow...
Julia Bradley Aug 02, 2023
US IRS to allow full digital document submissions for 2024 tax season
By David Lawder WASHINGTON (Reuters) - The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and ...
Syndicated Content Aug 02, 2023
Foxconn to invest $600 million in India’s Karnataka for iPhone components, chip-making machinery
BENGALURU (Reuters) -Taiwan's Foxconn will invest $600 million in two projects in the southern Indian state of Karnataka for chip equipment manufacturing and casing components for iPhones, the state g...
Syndicated Content Aug 02, 2023
Pence and a Christmas call star in Trump indictment
WASHINGTON (Reuters) - Former Vice President Mike Pence, who confounded attempts by then-President Donald Trump to remain in power after Joe Biden won the 2020 presidential election, plays a key part ...
Syndicated Content Aug 02, 2023
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