BankingBanking mess, Fed among worries threatening calm stretch in US stocksMay 3, 202352NEW YORK, May 3 (Reuters) - The calm that has prevailed in the U.S. equity market may be starting to...
CurrenciesDollar on the defensive after jobs data, spotlight on FedMay 3, 202363SINGAPORE, May 3 (Reuters) - The dollar fell on Wednesday, ahead of an expected rise in U.S. interest rates, and...
BankingUK’s Lloyds beats profit forecasts, signals stresses aheadMay 3, 202369LONDON, May 3 (Reuters) - Interest rate rises helped British bank Lloyds (LLOY.L) beat first quarter profit forecasts on Wednesday,...
BankingFailed bank executives, regulators to testify before Senate panelMay 3, 202363May 2 (Reuters) - The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials at...
CurrenciesUS labor market softens as job openings drop, layoffs at highest level in over 2 yearsMay 3, 202335Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
EconomyWhite House: Fed interest rates having negative effect on bankingMay 2, 202344WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
MoneySterling slips with focus on UK’s relative rates outlookMay 2, 202364LONDON, May 2 (Reuters) - The pound fell on Tuesday, ignoring data highlighting a few bright spots in Britain's economy,...
MoneyYen sinks to 15-year low vs euro as dovish BOJ contrasts with ECBMay 2, 202357TOKYO, May 2 (Reuters) - The yen continued its steep descent on Tuesday, reaching a 15-year low to the euro,...
CurrenciesOil drops as economic growth concerns offset OPEC+ cutsMay 1, 202366US Fed expected to raise rates by 25 basis points this weekJPMorgan buys First Republic Bank's assets after govt auctionLatest...
FinanceJPMorgan to buy First Republic’s assets and assume depositsMay 1, 202373May 1 (Reuters) - JPMorgan Chase & Co (JPM.N) will buy most of First Republic Bank's (FRC.N) assets in a...