Big US banks to pay billions to replenish failure fund
May 11 (Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that...
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Marijuana banking bill heads to Senate Banking Committee
May 11 (Reuters) - Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares...
US equity funds record biggest weekly outflow in five weeks
May 5 (Reuters) - U.S. equity funds witnessed massive outflows in the week to May 3, undermined by uncertainty over...
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...
Gold holds ground with Fed rate verdict in sight
Fed rate decision due at 2 p.m. EDTU.S. debt ceiling nerves could support gold - analystPalladium up more than 1%May...
Sterling gains versus dollar ahead of Fed rate decision
LONDON, May 3 (Reuters) - The pound gained versus the dollar and held steady against the euro on Wednesday ahead...
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...
ADB announces funding plan for Asian efforts to combat climate change
INCHEON, South Korea, May 2 (Reuters) - The Asian Development Bank (ADB) on Tuesday announced a funding guarantee facility to...
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...
ECB should keep raising rates until mid-2024, EU must tighten fiscal policy -IMF
STOCKHOLM, April 28 (Reuters) - The International Monetary Fund called on the European Central Bank on Friday to keep raising...
