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UPDATE 4-Trump pressures Fed's Powell: 'Let's see what he does'

President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could legally strip Jerome Powell of the Fed chairmanship.

Puerto Rico board asks court for more time on members' appointments

Puerto Rico's federally created financial oversight board asked a federal appeals court on Tuesday to extend a July 15 deadline for its members to be confirmed by the U.S. Senate, citing concerns that missing it could harm an ongoing restructuring of the bankrupt U.S. commonwealth's debt.

UPDATE 1-Smart & Final changes on US$340m loan could mean losses for banks

NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said.

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