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...
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
June 1 (Reuters) – Weak profit forecasts from department store chain Macy’s (M.N) to discounter Dollar General (DG.N) on Thursday underscored the fragile health of...
Credit Suisse bankers leaving by the hundreds every week
ZURICH, May 31 (Reuters) – Hundreds of Credit Suisse (CSGN.S)’s employees are resigning each week in a sign of uncertainty gripping the lender while it...
Exclusive: From Russia with gold: UAE cashes in as sanctions bite
LONDON, May 25 (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s...
The end of King Dollar? The forces at play in de-dollarisation
[1/2] A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao LONDON, May 25 (Reuters) – Rivalry with...
US debt standoff overshadows G7 finance leaders’ meeting
Japan says G7 may discuss U.S. debt crisis, ready to respond Biden warns of U.S. recession unless ceiling raised quickly G7 to debate ways to...
Stocks slip as US consumer confidence slumps, dollar gains
[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2023. REUTERS/Brendan McDermid US consumer...
Yellen: Still uncertainty about when Treasury will run out of cash
NIIGATA, Japan, May 12 (Reuters) – Treasury Secretary Janet Yellen said there was still uncertainty about exactly when Treasury would run out of cash to...
Gold eases on profit taking after US inflation data
US CPI up 0.4% in April vs 0.1% in March Core inflation well above Fed’s target, analyst says May 10 (Reuters) – Gold prices edged...
Gold gains on economic risks with US inflation in focus
U.S. inflation data due at 8:30 a.m. EDT on Wednesday Equities fall on Chinese data and U.S. debt limit worries Platinum up more than 3%...