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S&P 500, Nasdaq futures climb on renewed rate-cut optimism

(Reuters) -Futures tied to the S&P 500 and the Nasdaq indexes rose early on Thursday, a day after weaker-than-expected private payrolls data bolstered hopes for interest rate cuts, while traders braced for a data-light session due to the U.S. ...
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Shares of credit bureaus fall as FICO rolls out direct mortgage score licensing

(Reuters) -Shares of major credit reporting companies tumbled on Thursday after U.S. data analytics company Fair Isaac Corp unveiled a program that allows mortgage resellers to calculate and distribute its creditworthiness score directly to consumers. This could pressure earnings and ...
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US government shutdown threatens food-aid program for low-income Americans

By Bo Erickson and Leah Douglas WASHINGTON (Reuters) -Crucial food assistance for about 6.7 million low-income Americans has been put in jeopardy by a federal government shutdown that the deeply divided U.S. Congress shows no signs of resolving swiftly. The threat ...
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US banks expect victory in capital requirements as Trump regulators revamp rules

By Lananh Nguyen, Nupur Anand, Pete Schroeder and Tatiana Bautzer WASHINGTON (Reuters) -As President Donald Trump’s regulators revamp bank rules, big lenders expect their capital requirements could fall, in a stunning victory for the industry which faced a big hike ...
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Trump administration targets deals in dozens of industries before midterms

By Dawn Kopecki, Jarrett Renshaw, Ernest Scheyder and Sabrina Valle NEW YORK, October 2 (Reuters) -Eli Lilly was asked to produce more insulin; Pfizer to produce more of its top-selling cancer drug Ibrance and its cholesterol drug Lipitor; and London-based ...
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Novo, Lilly weight-loss drugs should be first option obesity treatments, European doctors say

By Nancy Lapid (Reuters) -Novo Nordisk’s and Eli Lilly’s blockbuster weight-loss drugs should be the first medicines doctors reach for to treat obesity and its complications, a major European medical association advised on Thursday. Semaglutide, the active ingredient in Novo’s Wegovy ...
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1 flight attendant injured after Delta regional jets collide at LaGuardia Airport, airline says

(NEW YORK) -- Two Delta Air Lines regional jets collided at low speeds while taxiing Wednesday evening at LaGuardia Airport, according to the airline.Endeavor flight 5155 was taxiing for departure when its wing made contact with the fuselage of ...
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Pete Carroll among coaches working into 70s, opting for team building over retirement

HENDERSON, Nev. (AP) — Pete Carroll could be just about anywhere, doing nearly anything that comes to mind, after accomplishing so much as a championship-winning coach in college and the NFL, the multimillion-dollar contracts he received as reward for ...
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Analysis-Prolonged US government shutdown could raise market risks 

By Lewis Krauskopf NEW YORK (Reuters) -Investors have anticipated for weeks the risks of a U.S. government shutdown to markets. Now that it is here, they are hoping it will be brief. A shutdown that lasts at least several weeks could ...
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US Supreme Court expands its ’emergency’ docket – and Trump’s power too

By Andrew Chung (Reuters) -As she has done several times recently, liberal Justice Elena Kagan last week sounded the alarm after another bold emergency action by the U.S. Supreme Court’s conservative majority again let President Donald Trump carry out one ...
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PepsiCo’s new challenge: Making its chips and sodas colorful without artificial dyes

VALHALLA, New York (AP) — Pepsi has a new challenge: keeping products like Gatorade and Cheetos vivid and colorful without the artificial dyes that U.S. consumers are increasingly rejecting. PepsiCo, which also makes Doritos, Cap’n Crunch cereal, Funyuns and Mountain ...
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Asian shares track Wall St’s rise as tech shares advance and investors shrug off the US shutdown

MANILA, Philippines (AP) — Asian shares advanced on Thursday, tracking Wall Street’s rise to records despite the the shutdown of the U.S. government. Technology shares jumped on expectations of higher demand for computer chips due to a partnership between ...
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