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  • GAO opens door for Congress to review leveraged lending

    By Davide Scigliuzzo, Reuters

    NEW YORK (IFR) - The investigative arm of Congress has decided that US bank guidelines on leveraged lending are subject to Congressional review, clearing the way for them to possibly be overturned...

  • Senate Health, Education, Labor and Pensions Committee Chairman Lamar Alexander (R-TN) stands in the subway on Capitol Hill in Washington, U.S., October 18, 2017.   REUTERS/Joshua Roberts

    Senator unveils rare bipartisan healthcare initiative

    By Reuters, Reuters

    "The bill has 22 sponsors, half Democrat, half Republican," said Alexander, speaking on the Senate floor. Senator Patty Murray, a Democrat, indicated there were 24 sponsors, however. The measure...

  • FILE PHOTO: Facebook logo is seen  at a start-up companies gathering at Paris' Station F in Paris

    Facebook, Twitter lawyers to testify in Congress on Russia meddling

    By Dustin Volz, Reuters

    WASHINGTON (Reuters) - Facebook Inc and Twitter Inc will send their general counsels to testify on Nov. 1 before two Congressional panels investigating possible Russian meddling in the 2016 U.S...

  • People hug as they are reflected in a mirror, after Hurricane Maria hit the island in September, in Toa Baja, Puerto Rico October 18, 2017. REUTERS/Alvin Baez

    Trump says to work with Congress on more aid for Puerto Rico

    By Roberta Rampton, Reuters

    WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday he will work with the U.S. Congress to approve grants and loans to help rebuild Puerto Rico after it was devastated by Hurricane...

  • Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 13, 2017. REUTERS/Brendan McDermid

    Apple drags down Wall Street from record highs

    By Sruthi Shankar, Reuters

    (Reuters) - Losses in Apple stalled Wall Street's record run on Thursday as worries over slack demand for iPhone 8 sent its shares down 2.5 percent. Shares of the world's biggest company by market...

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