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Richard Leong

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

2:53am IST

Dollar rises as Fed hints at December rate hike

NEW YORK The dollar rose broadly on Wednesday, hitting a two-month high versus the yen, as the Federal Reserve signalled it may raise interest rates for a third time this year even as inflation has remained below its 2 percent goal.

20 Sep 2017

U.S. mortgage applications fall on higher rates, storms: MBA

NEW YORK U.S. mortgage applications recorded their steepest weekly drop since December on a pickup in borrowing costs and Hurricane Irma's impact on Florida, the Mortgage Bankers Association said on Wednesday.

20 Sep 2017

Dollar falls as traders await possible move on Fed bond purchases

NEW YORK The dollar weakened against a basket of currencies on Tuesday in advance of a Federal Reserve meeting where policymakers are expected to decide on shrinking the central bank's $4.2 trillion in bond holdings.

15 Sep 2017

U.S. pensions stuck in the red despite stock market boom

NEW YORK While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations.

13 Sep 2017

U.S. mortgage applications hit 10-month peak despite storms: MBA

NEW YORK U.S. mortgage applications jumped to their strongest level in 10 months last week despite hurricane-related disruptions seen in Texas and Florida, the Mortgage Bankers Association said on Wednesday.

07 Sep 2017

Traders see U.S. debt ceiling risks shift to December

NEW YORK The U.S. Treasury bill market may have dodged a bullet on Wednesday when President Donald Trump and top Democrats backed a plan to raise the debt ceiling, but it implied that traders believe the risk of a U.S. default has not disappeared - only been deferred to December and beyond.

07 Sep 2017

Traders see U.S. debt ceiling risks shift to December

NEW YORK, Sept 6 The U.S. Treasury bill market may have dodged a bullet on Wednesday when President Donald Trump and top Democrats backed a plan to raise the debt ceiling, but it implied that traders believe the risk of a U.S. default has not disappeared - only been deferred to December and beyond.

05 Sep 2017

Investors balk at U.S. T-bill supply on default worries

NEW YORK Investors uneasy about a possible failure to increase the U.S. debt ceiling gave a cold shoulder on Tuesday to $20 billion worth of Treasury debt that will come due when the government might be out of cash if the ceiling is not raised by late September.

25 Aug 2017

Moody's ties U.S.'s top-notch rating to debt payments

Moody's Investors Service said on Thursday it would consider stripping the United States of its top-notch rating in the event of a default, not over late or skipped payments on non-debt obligations, as the federal government faces the possibility of running out of cash in coming weeks.

12 Aug 2017

Bond investors give Tesla a $1.8 billion endorsement

NEW YORK Bond investors on Friday gave a $1.8 billion boost to Tesla Inc's balance sheet by snapping up the electric car maker's first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.

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Sensex 32,400.51 -1.86 -0.01%
Nikkei 20,444.39 + 133.93 +0.66%
Hang Seng 28,127.80 -- --%
EUR/INR 76.361 -0.11%
USD/INR 64.288 +0.00%
GBP/INR 86.737 +0.00%
Gold 1,312.00 +0.00 +0.00%
Oil 50.73 +0.04 +0.08%
Corn 349.75 -0.25 -0.07%