Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
The Fed’s stages of inflation grief, in Powell’s words
WASHINGTON, June 14 (Reuters) – Federal Reserve policymakers reached a milestone on Wednesday when they left the U.S. central bank’s benchmark overnight interest rate steady...
Central banks, still waiting for relief on inflation, lean higher on rates
[1/2] Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON/FRANKFURT, June 15 (Reuters) – Two years into confronting rising inflation,...
Shares rise, Treasury yields fall as US jobless claims surge
US shares rise, European shares flat Treasury yields fall, jobless claims hit over 1-1/2-yr high Some bond investors reprice rate expectations after Canada surprise Turkey’s...
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
June 9 (Reuters) – The U.S. affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets (HOOD.O) said it was delisting...
Bank failures, ‘hard landing’ still top-of-mind for hedge funds
NEW YORK, June 7 (Reuters) – Big U.S. hedge fund and family office investors on Wednesday cautioned that despite the U.S. economy showing resilience, a...
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...
Risks lie ahead for US credit standing after tentative debt ceiling deal
NEW YORK, May 30 (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit outlook, analysts said, in addition to...
US Congress averts historic default, approves debt-limit suspension
WASHINGTON, June 1 (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion debt...
Republicans speak out against US debt-ceiling deal, in sign of rocky road ahead
WASHINGTON, May 29 (Reuters) – A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States’ $31.4...