Edition:
United States

Karen Pierog

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Aug 16 2018

U.S. and Mexico to set up joint team to fight drug cartels

CHICAGO U.S. and Mexican law enforcement authorities will set up a joint team based in Chicago targeting the leaders and finances of drug cartels that ship opioids into the United States, aiming to stanch a spike in overdose deaths, officials said on Wednesday. | Video

Aug 09 2018

Puerto Rico bond prices surge as restructuring deals struck

CHICAGO, Aug 9 Puerto Rico bonds rallied on Thursday, a day after the latest debt restructuring deal struck between the bankrupt U.S. commonwealth and its bondholders as well as a federal court ruling that affirmed the budgetary powers of an oversight board.

Jul 31 2018

Puerto Rico utility debt restructuring deal points to path forward

A preliminary deal with owners of more than $3 billion of Puerto Rico Electric Power Authority (PREPA) bonds, announced late on Monday, puts the bankrupt utility on a tentative path toward transformation and privatization, but more challenges remain.

Jul 19 2018

Moody's rating outlook revision pulls Illinois from edge of junk

CHICAGO, July 19 Moody's Investors Service on Thursday suspended Illinois' potential descent into junk territory by revising the outlook on the state's credit rating to stable from negative.

Jul 19 2018

House committee wants Puerto Rico leadership to talk about PREPA

Dysfunction at Puerto Rico's bankrupt electric utility prompted a Congressional oversight committee on Thursday to invite the U.S. commonwealth's governor to testify at a special hearing scheduled for next week.

Jul 13 2018

U.S. judge nixes move to toss Puerto Rico bankruptcy case

A federal judge on Friday rejected an attempt by a major Puerto Rico bondholder to throw out the U.S. territory's historic municipal bankruptcy case.

Jul 13 2018

U.S. judge nixes move to toss Puerto Rico bankruptcy case

July 13 A federal judge on Friday rejected an attempt by a major Puerto Rico bondholder to throw out the U.S. territory's historic municipal bankruptcy case.

Jul 13 2018

U.S. municipal market supply to hit $9.6 bln next week

CHICAGO, July 13 Bond and note issuance in the U.S. municipal market will total$9.6 billion next week as supply ratchets higher after a slump earlier this month due to the mid-week Fourth of July holiday, according to Thomson Reuters estimates on Friday. Supply of new issues has dropped in the $3.8 trillion market. Issuance of $160 billion worth of municipal debt at 2018's midpoint was down almost 17 percent compared to the same period in the prior year. In a research report on Friday, Barclays projected weaker second half issuance of $135 billion to $150 billion.

Jul 12 2018

Puerto Rico power utility board quits, leaving leadership void

CHICAGO/NEW YORK Five of the seven board members of the bankrupt Puerto Rico Electric Power Authority - including its CEO, named one day ago - resigned on Thursday, leaving the utility with no leadership amid a massive restructuring effort following the devastation wrought by Hurricane Maria.

Jul 11 2018

Trade war could impede U.S. transport infrastructure growth-Fitch

CHICAGO, July 11 An escalating trade war between the United States and some of its major trading partners would impair growth for U.S. airports, toll roads and ports over time if it slows the economy or triggers a recession, Fitch Ratings said on Wednesday.

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