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US productivity slows further in first quarter

WASHINGTON, May 7 (Reuters) - U.S. worker productivity growth slowed further in the first quarter, but a reversal was likely as businesses invest heavily in artificial intelligence. Nonfarm productivity, which measures hourly output per worker, increased at 0.8% annualized rate last quarter, the Labor Department's... Read More.

Wall Street banks plan final push on capital rules

By Pete Schroeder WASHINGTON, May 7 (Reuters) - Wall Street banks will push again to shrink capital charges on credit card lines and globally important U.S. lenders as they make a final bid to win further capital relief before the U.S. November election, said four... Read More.