‘Way too early’ to declare victory over inflation, says ECB’s Nagel
Joachim Nagel, President of Germany’s federal reserve Bundesbank addresses the media during the bank’s annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File...
Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
June 6 (Reuters) – Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500...
Analysis: Debt ceiling deal ignores US debt time bomb
WASHINGTON, June 5 (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little...
Signs of pain as easy cash era ends are growing
LONDON, March 30 (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades....
Americans are wary of bailouts as banking concerns mount -Reuters/Ipsos poll
WASHINGTON, March 15 (Reuters) – A bipartisan majority of Americans oppose U.S. taxpayers footing the bill when bad management causes a bank to fail, though...
Wall St gains over 1% after encouraging inflation data with Fed next
Nasdaq posts biggest January gain since 2001 U.S. labor cost growth slows in fourth quarter Exxon, UPS rise after results, Caterpillar slumps Fed decision on...
Factbox: Corporate America braces for large-scale layoffs
Nov 10 (Reuters) – Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a potential downturn...
Wall Street ends mixed as investors eye jobs data
[ad_1] Indexes: Dow slips 0.26%, S&P off 0.08%, Nasdaq up 0.41% Energy stocks down as oil slumps to pre-Ukraine war level Eyes on Friday’s nonfarm...
Economic outlook has ‘darkened’, business and government leaders warn in Davos
DAVOS, Switzerland, May 23 (Reuters) – Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on...
U.S. profit forecasts weaken as companies assess inflation risks
NEW YORK, May 9 (Reuters) – With first-quarter U.S. earnings in the final stretch, corporate growth expectations for the current quarter and 2022 mostly are...