Paul Simao

3 weeks ago | gurutrade.com | Lucia Mutikani |Paul Simao

WASHINGTON, April 2 (Reuters) - New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs. Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported 1.7% advance in January. Factory orders gained 1.5% on a year-on-year basis in February.

3 weeks ago | today.westlaw.com | Dawn Kopecki |Paul Simao |Chris Prentice

NEW YORK/WASHINGTON (Reuters) - The top two leaders of the U.S. Securities and Exchange Commission's foreign corrupt practices unit are leaving the agency, according to two people familiar with the matter, at a time when the Trump administration has...

3 weeks ago | today.westlaw.com | Daniel Wallis |Chizu Nomiyama |Paul Simao |Luc Cohen

NEW YORK (Reuters) - A U.S. judge dismissed corruption charges against New York City Mayor Eric Adams on Wednesday, even as he said the Trump administration's argument that the case should be dropped because it was hindering the Democratic...

4 weeks ago | today.westlaw.com | Richard Cowan |Jamie Freed |Makini Brice |Paul Simao

WASHINGTON (Reuters) - The U.S. government will probably risk defaulting on some of its $36.6 trillion in debt as soon as August - or possibly even by late May - unless Congress acts to raise the nation's debt ceiling, the non-partisan Congressional...

4 weeks ago | today.westlaw.com | Paul Simao |Michael S. Derby

NEW YORK (Reuters) - The end of various pandemic-era student loan support programs likely portends a rise in credit issues for borrowers, although it will take time to understand the full extent of the problem, New York Federal Reserve researchers...