Government And Institutions

Mester: Brexit Poses Risks to U.S. but Fed Still on Track

Britain's vote last week to leave the European Union poses a risk to the U.S. economy but it is too early to know the extent of that effect and the Federal Reserve should not let a lack of clarity distract it from is plan to eventually raise interest rates, a top Fed official said on Friday.

U.S. Calls for Urgent Repairs of 300,000 Recalled Honda Vehicles

U.S. auto safety regulators warned on Thursday that Takata air bag inflators on more than 300,000 unrepaired recalled Honda vehicles show a substantial risk of rupturing, and urged owners to stop driving the "unsafe" cars until they have been fixed.

U.S. Calls for Urgent Repairs of 300,000 Recalled Honda Vehicles

U.S. auto safety regulators warned on Thursday that Takata air bag inflators on more than 300,000 unrepaired recalled Honda vehicles show a substantial risk of rupturing, and urged owners to stop driving the "unsafe" cars until they have been fixed.

Puerto Rico Bill Passage on Hold as Democrats Seek Changes

The timing of a final U.S. Senate vote on passage of a bill to address Puerto Rico's financial crisis remained uncertain on Wednesday as Democrats sought a debate on amendments, the No. 2 Senate Republican told reporters on Wednesday.

EU Leaders Tell Britain to Exit Swiftly

European leaders told Britain on Tuesday to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union, a move the IMF said could put pressure on global growth.