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...
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...
JPMorgan CEO Dimon says bank is convening a ‘war room’ on debt ceiling
NEW YORK, May 11 (Reuters) – JPMorgan Chase & CO (JPM.N) CEO Jamie Dimon said on Thursday the bank is convening weekly meetings to discuss...
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%...
Gold ticks up with focus on US inflation data
U.S. banks report tighter lending standards – Fed survey U.S. CPI for April due on Wednesday Palladium up more than 4% May 8 (Reuters) –...
Gold slides on US jobs growth as Fed-led rally fizzles
U.S. nonfarm payrolls +253,000 in April Global gold demand fell in first quarter of 2023- WGC Palladium up more than 3% May 5 (Reuters) –...
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...