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,...
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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...
US labor market softens as job openings drop, layoffs at highest level in over 2 years
Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
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...
Sterling slips with focus on UK’s relative rates outlook
LONDON, May 2 (Reuters) - The pound fell on Tuesday, ignoring data highlighting a few bright spots in Britain's economy,...
Yen sinks to 15-year low vs euro as dovish BOJ contrasts with ECB
TOKYO, May 2 (Reuters) - The yen continued its steep descent on Tuesday, reaching a 15-year low to the euro,...
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...
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...
US consumer spending flattens; core inflation still hot
Consumer spending unchanged in MarchCore PCE price index rises 0.3%; up 4.6% year-on-yearWages, salaries increase 1.2% in first quarterWASHINGTON, April...
ECB backs Commission proposal for individual EU debt reduction paths
STOCKHOLM, April 28 (Reuters) - The European Central Bank gave its initial support on Friday for changes to EU fiscal...
