Fed raises rates, opens door to pause in tightening cycle
Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
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US regional bank stocks bounce around after two-day tumble
May 3 (Reuters) - Shares of mid-sized U.S. lenders edged lower in volatile trading on Wednesday, giving back early gains...
Banking mess, Fed among worries threatening calm stretch in US stocks
NEW YORK, May 3 (Reuters) - The calm that has prevailed in the U.S. equity market may be starting to...
UK’s Lloyds beats profit forecasts, signals stresses ahead
LONDON, May 3 (Reuters) - Interest rate rises helped British bank Lloyds (LLOY.L) beat first quarter profit forecasts on Wednesday,...
Failed bank executives, regulators to testify before Senate panel
May 2 (Reuters) - The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials at...
White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
Morning Bid: Volatile news, not markets
May 2 (Reuters) - A look at the day ahead in U.S. and global markets from Mike DolanA hail of...
Oil drops as economic growth concerns offset OPEC+ cuts
US Fed expected to raise rates by 25 basis points this weekJPMorgan buys First Republic Bank's assets after govt auctionLatest...
JPMorgan to buy First Republic’s assets and assume deposits
May 1 (Reuters) - JPMorgan Chase & Co (JPM.N) will buy most of First Republic Bank's (FRC.N) assets in a...
Too high for comfort: Five questions for the ECB
LONDON, May 1 (Reuters) - Inflation in the euro area is too high for comfort, meaning markets expect the European...
