Dollar gains, euro dips after cautious ECB
SINGAPORE, May 4 (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank eased its pace of rate hikes, a...
Europeans drain billions from banks, fed up with shrinking savings
LONDON/DUBLIN, May 4 (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up...
How a US debt crisis standoff could cause a recession – a bad one
WASHINGTON, May 3 – A fight between Republicans and Democrats over the debt limit ceiling could send the U.S. economy into a recession even if...
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
WASHINGTON, May 1 (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the...
Explainer: Looming US debt ceiling fight is starting to worry investors
NEW YORK, April 20 (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year....
EU plans to prevent taxpayer cash being used to save failing banks
April 18 (Reuters) – The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing...
‘Zero capacity to save’: Argentines buckle as inflation tops 104%
BUENOS AIRES, April 14 (Reuters) – Argentina’s annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the...
Dollar dips as producer prices cool, euro hits one-year high
NEW YORK, April 13 (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Several Fed officials considered rate pause in March, minutes show
WASHINGTON, April 12 (Reuters) – Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a...