Wall St ends lower on Powell remarks as benchmark Treasury yields near 5%
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
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US consumer watchdog proposes new financial data sharing rules in competition boost
The seal of the Consumer Financial Protection Bureau (CFPB) is seen at their headquarters in Washington, D.C., U.S., May 14,...
Fed developing extra ‘stress test’ scenarios to test for bank weaknesses: official
Federal Reserve Board Vice Chair for Supervision Michael Barr testifies at a House Financial Services Committee hearing on the response to the on recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, U.S., March 29, 2023. REUTERS/Kevin Lamarque/ Acquire Licensing RightsWASHINGTON, Oct 19 (Reuters) - The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said Thursday.Fed Vice Chair for Supervision Michael Barr said the additional scenarios, which...
US single-family starts rise; soaring mortgage rates a challenge
Housing starts increase 7.0% in SeptemberSingle-family starts rise 3.2%; multi-family soar 17.1%Building permits fall 4.4%; single-family increase 1.8%WASHINGTON, Oct 18...
Spain government upbeat about auto sector investment after Euro 7 deal
Spain's new Minister of Industry Hector Gomez Hernandez walks outside Moncloa Palace in Madrid, Spain, March 28, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsMADRID, Oct 19 (Reuters) - Spain is optimistic about the prospects of attracting new investment into its automotive sector following the so-called Euro 7 agreement, which watered down proposed rules on pollutant emissions rules for new cars in Europe, Trade Minister Hector Gomez told Reuters on Thursday.EU ministers last month approved the rules under Spain's rotating presidency of the European Council, a position which Gomez said was...
Barbados and beyond: EU’s lending arm working on string of ‘debt-for-climate’ swaps
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing...
EU seeking to resolve trade irritants with US at summit
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing...
Morning Bid: To 5% and beyond, bond yields soar
A look at the day ahead in U.S. and global markets from Mike DolanA buoyant U.S. economy, hawkish Federal Reserve...
Sterling trips as traders mull inflation, wary over Middle East
Pound notes and coins are seen inside a cash register in a bar in Manchester, Britain September 6, 2017. REUTERS/Phil...
Banks report continued pain on commercial real estate loans
The front of an office building is seen in New York City, U.S., July 7, 2023. REUTERS/Amr Alfiky/File photo Acquire...
