 |  | | Looming debt ceiling deadline pushing some U.S. fund managers to cash | | | NEW YORK (Reuters) - A potential standoff over the U.S. federal debt ceiling is raising alarm bells among fund managers who fear a repeat of 2011 when a protracted showdown over increasing the government's borrowing limit and subsequent downgrade of U.S. credit quality led to a more than 15 percent slump in the S&P 500 stock index. | | |  | | | U.S. job growth slows in August; wage growth retreats | | | WASHINGTON (Reuters) - U.S. job growth slowed more than expected in August after two straight months of hefty increases, but the pace of gains should be more than enough for the Federal Reserve to announce a plan to start trimming a massive bond portfolio accumulated as it sought to bolster the economy. | | |  | | | Harvey's wake tempers bullish outlook for U.S. oil output growth | | | HOUSTON (Reuters) - Damage and delays from Tropical Storm Harvey will hold the U.S. oil industry back from achieving a targeted 10 million barrels per day of production anytime soon, according to analysts, a setback in America's fight for global market share with OPEC. | | |  | | | Dudley broke code of conduct in Wells disclosure misstep: NY Fed | | | NEW YORK (Reuters) - William Dudley, a tough-talking U.S. regulator who heads the Federal Reserve Bank of New York, violated a code of conduct by failing to disclose that his half-sister was an employee at Wells Fargo & Co , according to an investigation into potential conflicts of interest. | | |  | | | Nine years on, another Lehman Brothers bankruptcy | | | WILMINGTON, Del (Reuters) - Two affiliates of Lehman Brothers, the U.S. investment bank that collapsed in 2008 and fueled an economic crisis, filed for Chapter 11 bankruptcy late on Thursday, a reminder of the complexity of unwinding a global financial institution. | | |  | | | Automaker shares rise as Texans must replace drowned cars | | | DETROIT (Reuters) - Shares of the Big Three Detroit automakers rose on Friday despite lackluster August sales, with investors focusing on a likely surge in demand as residents of the U.S. Gulf Coast replace flood-damaged cars and trucks. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | |  |  | | | News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today | | | | | » » MORE NEWSLETTERS | | |
