Morning Bid: Markets get twitchy as debt ceiling, growth fears weigh
A look at the day ahead in European and global markets from Ankur BanerjeeSigns of an economic slowdown across the...
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IMF says US default would have ‘very serious repercussions’ on global economy
WASHINGTON, May 11 (Reuters) - The International Monetary Fund said on Thursday that a U.S. debt default prompted by failure...
Sterling trims drop after BoE hike, China’s data sends dollar higher
TOKYO, May 11 (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive...
Yellen warns US default would threaten global economy, undermine its leadership
US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
Embattled US Rep George Santos arrested on fraud, money laundering charges
NEW YORK, May 10 (Reuters) - U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money...
Oil recoups losses on plans for SPR refill, higher seasonal demand
TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...
Mexican president backs U.S. dollar as globe’s ‘principal currency’
MEXICO CITY, May 8 (Reuters) - Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence...
Analysis: Fed up with shrinking savings, Europeans drain billions from banks
LONDON/DUBLIN, May 4 (Reuters) - European savers are pulling more of their money from banks, looking for a better deal...
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...
