Wall St ends lower on Powell remarks as benchmark Treasury yields near 5%
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
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LSE says preparing to resume trading normally on Friday
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo...
US consumer watchdog proposes new financial data sharing rules in competition boost
The seal of the Consumer Financial Protection Bureau (CFPB) is seen at their headquarters in Washington, D.C., U.S., May 14,...
Fed developing extra ‘stress test’ scenarios to test for bank weaknesses: official
Federal Reserve Board Vice Chair for Supervision Michael Barr testifies at a House Financial Services Committee hearing on the response to the on recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, U.S., March 29, 2023. REUTERS/Kevin Lamarque/ Acquire Licensing RightsWASHINGTON, Oct 19 (Reuters) - The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said Thursday.Fed Vice Chair for Supervision Michael Barr said the additional scenarios, which...
US single-family starts rise; soaring mortgage rates a challenge
Housing starts increase 7.0% in SeptemberSingle-family starts rise 3.2%; multi-family soar 17.1%Building permits fall 4.4%; single-family increase 1.8%WASHINGTON, Oct 18...
Two U.S. funds to vote Mediobanca outgoing board’s slate for board renewal
Italian bank Mediobanca's headquarters in Milan, Italy, November 12, 2019. REUTERS/Flavio Lo Scalzo//File Photo Acquire Licensing RightsMILAN, Oct 19 (Reuters)...
M&G to shut flagship retail property fund, citing weakened investor demand
M&G plc logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1,...
EU funds selling in Britain face new rules from April
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: To 5% and beyond, bond yields soar
A look at the day ahead in U.S. and global markets from Mike DolanA buoyant U.S. economy, hawkish Federal Reserve...
Banking turmoil to shape sector monitoring in 2024, says EU watchdog
A view shows the board of the European Central Bank (ECB) building in Frankfurt, Germany, September 14, 2023. REUTERS/Wolfgang Rattay/File...
