Reuters US Business

By David Morgan, Bo Erickson and Davide Barbuscia WASHINGTON (Reuters) -As President Donald Trump’s Republicans push ahead on a sweeping tax-cut and spending bill that nonpartisan analysts say could add $3.3 trillion to the nation’s debt over the next decade, they’re taking a new approach – denying there is anything to worry about. Instead, they …

Republicans ignore debt worry as they push forward on Trump tax-cut bill Read More »

By Eliana Raszewski, Leila Miller and Jorge Otaola BUENOS AIRES (Reuters) -A dramatic ruling by a U.S. court ordering Argentina to hand over the 51% stake it holds in state energy firm YPF has cast a shadow over the country’s plans for its huge Vaca Muerta shale formation and hopes to return to global markets. …

YPF turnover ruling in US casts shadow on Argentina’s shale, FX plans Read More »

By Francesco Canepa and Howard Schneider SINTRA, Portugal (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to “wait and learn more” about the impact of tariffs on inflation before lowering interest rates, again setting aside President Donald Trump’s demands for immediate and deep rate cuts.  “We’re simply taking …

Powell reiterates Fed will wait for more data before cutting rates Read More »

By Anirban Sen NEW YORK (Reuters) -Nasdaq handily beat the New York Stock Exchange in stock market listings during the first half of 2025, buoyed by blockbuster initial public offerings of big names like CoreWeave and Chime and a jump in proceeds raised via special purpose acquisition companies. IPOs at Nasdaq, including those of blank-check …

Nasdaq prevails over NYSE in first-half listings, buoyed by blockbuster IPOs Read More »

(Reuters) -Warner Music Group and Bain Capital are launching a joint venture to purchase up to $1.2 billion of music catalogs, the companies said on Tuesday, the latest in a series of partnerships between record labels and private equity firms. While the companies will work together to source and acquire catalogs across both recorded music …

Warner Music, Bain Capital launch $1.2 billion venture to buy music catalogs Read More »

(Reuters) -Hershey said on Tuesday it would remove synthetic dyes from its snacks by the end of 2027, making it the latest in a growing list of companies seeking to align with directives from U.S. health authorities. In April, Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary rolled out plans to remove …

Hershey to drop synthetic dyes from its snacks by 2027 Read More »

By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs creeping higher, suggesting that the Trump administration’s tariffs on imported goods continued to hamper businesses’ ability to plan ahead. The Institute for Supply Management (ISM) said on Tuesday that its manufacturing PMI nudged up to …

US manufacturing mired in weakness as tariffs bite Read More »