United States

US Dollar Report Headlines

EMERGING MARKETS-Brazil stocks, currency resume decline on corruption woes

Brazil's stocks and currency resumed their recent slump on Monday on fears a growing political crisis could derail an ongoing reform agenda. The benchmark Bovespa stock index fell 2.4 percent, weighed down by a 20 percent slump in shares of JBS SA , the world's largest meatpacker. Lawmakers considered on Monday opening a probe into strock and currency trades by JBS' controlling shareholder that may have insulated their holdings fr

Brazil's Meirelles sees reforms moving ahead with some delay

Brazil's Finance Minister, Henrique Meirelles, told investors on Monday he expects some delay in the government's proposal to overhaul the social security system but believes the legislative agenda will be maintained after talks with congressional leaders.


Trump budget poised to slash healthcare for poor, other programs

WASHINGTON The White House is set to release President Donald Trump's first full budget on Tuesday, a plan that will include a cut of more than $800 billion from the Medicaid program for the poor and reductions in other social spending.