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...
Gold climbs back above $2,000 on dollar retreat
U.S. dollar down 0.4% Markets pricing in Fed’s 25 bps rate hike in May Palladium up over 3% April 18 (Reuters) – Gold prices climbed...
Factbox: How big U.S. banks are managing bad loan reserves
April 17 (Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest...
Dollar gains after strong New York factory survey
SINGAPORE, April 17 (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five...
Investors put $538 billion into cash funds over eight weeks, Bank of America says
LONDON, April 14 (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank...
Exclusive: Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
ATLANTA, April 14 (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its tightening cycle with some confidence inflation...
Dollar heads for longest stretch of weekly losses since 2020
SINGAPORE, April 14 (Reuters) – The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up...
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...
Gold rallies to 1-year peak as economic worries mount
Gold prices just $30 off record highs U.S. weekly jobless claims increase April 13 (Reuters) – Gold surged on Thursday as more weak U.S. economic...
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,...