NEW YORK (Reuters) -MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after the U.S. Consumer Financial Protection Bureau withdrew from the civil case. The accord announced on Monday by New York Attorney General Letitia James resolves claims that MoneyGram repeatedly violated a 2013 federal rule designed to make...

12:48 PM EDT, 06/16/2025 (MT Newswires) -- New York manufacturing contraction worsened in June amid weakness in new orders and shipments, though firms became positive regarding the outlook, a survey by the Federal Reserve Bank of New York showed Monday. The Empire State Manufacturing Survey's general business conditions index deteriorated to minus 16 this month from minus 9.2 in May,...

U.S. retail sales for May are expected to post a sharp monthly decline, potentially reinforcing concerns that tariff headlines and economic uncertainty are starting to pinch consumer spending. That would mark the second monthly drop in 2025 after January's 0.9% plunge. Monthly declines in retail sales have been rare over the past two years, with only five months showing negative...

11:10 AM EDT, 06/16/2025 (MT Newswires) -- The Organization of the Petroleum Exporting Countries on Monday trimmed its global oil demand projections for 2025, while it maintained its world and US economic growth forecasts for this year and the next. The oil-producing cartel now expects oil consumption to grow by 1.29 million barrels a day this year, compared with its...