CurrenciesU.S. weekly jobless claims fall; housing finding bottomMarch 16, 202338Weekly jobless claims drop 20,000 to 192,000Continuing claims decrease 29,000 to 1.684 millionSingle-family housing starts increase 1.1% in FebruaryImport prices...
CurrenciesFear, uncertainty over bank turmoil sparks flight to safe haven currenciesMarch 16, 202360SINGAPORE, March 16 (Reuters) - The safe haven U.S. dollar and Japanese yen found support on Thursday from renewed fears...
BankingTop US Senate Democrat Schumer wants legislative response to banking illsMarch 15, 202354WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
BankingAmid bank strains, Democrats and Republicans spar over U.S. budgetMarch 15, 202363WASHINGTON, March 15 (Reuters) - The U.S. Senate Budget Committee debated Democratic President Joe Biden's $6.8 trillion budget proposal on...
Stock MarketCredit Suisse leads Europe bank stock rout after short-lived SVB respiteMarch 15, 202349March 15 (Reuters) - Europe's bank stocks came under pressure again on Wednesday, with Credit Suisse (CSGN.S) tumbling to a...
BankingBruised U.S. bank stocks shake off initial SVB contagion fearsMarch 14, 202367March 14 (Reuters) - U.S. bank stocks jumped on Tuesday, recovering some ground after the failure of Silicon Valley Bank...
MoneyBanking turmoil could help euro doves cry victoryMarch 14, 202368LONDON, March 14 (Reuters Breakingviews) - Up until last week, European Central Bank President Christine Lagarde was odds-on to keep...
BankingUK pay growth slows as Bank of England mulls rates pauseMarch 14, 202353Basic pay growth slows for first time in a yearBoE watching labour market inflation pressureInvestors see 40% chance of rate...
EconomyEU converges on principles of new debt rules, no deal yet on detailsMarch 14, 202370BRUSSELS, March 14 (Reuters) - European Union finance ministers are converging on broad principles of a reform of Europe's fiscal...
Stock MarketBiden pledges ‘whatever needed’ as banks feel force of SVB falloutMarch 13, 202376March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...