Fed losses breach $100 billion as interest costs rise
NEW YORK, Sept 15 (Reuters) – Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to...
Argentina inflation hits 124% as cost-of-living crisis sharpens
BUENOS AIRES, Sept 13 (Reuters) – Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a...
Analysis: Potential US government shutdown could dent investor confidence
NEW YORK, Sept 8 (Reuters) – A potential U.S. government shutdown at the end of September could add to worries about the economy going into...
US Senate races ahead of House on spending bills, aims to avoid gov’t shutdown
WASHINGTON, Sept 5 (Reuters) – Top Democrats in the U.S. Senate will look to gain the upper hand over House Republicans in talks over government...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
NY Fed report finds Americans increasingly facing borrowing headwinds
[1/2]An American Express and a Visa credit cards are seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration July...
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...
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...
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...