BankingBig US banks to pay billions to replenish failure fundMay 11, 202357May 11 (Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that...
FundsUS equity funds record biggest weekly outflow in five weeksMay 5, 202356May 5 (Reuters) - U.S. equity funds witnessed massive outflows in the week to May 3, undermined by uncertainty over...
EconomyFed raises rates, opens door to pause in tightening cycleMay 3, 202356Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
EconomyGold holds ground with Fed rate verdict in sightMay 3, 202379Fed rate decision due at 2 p.m. EDTU.S. debt ceiling nerves could support gold - analystPalladium up more than 1%May...
MoneySterling gains versus dollar ahead of Fed rate decisionMay 3, 202379LONDON, May 3 (Reuters) - The pound gained versus the dollar and held steady against the euro on Wednesday ahead...
CurrenciesOil drops as economic growth concerns offset OPEC+ cutsMay 1, 202373US Fed expected to raise rates by 25 basis points this weekJPMorgan buys First Republic Bank's assets after govt auctionLatest...
FundsRate hike worries drive US bond funds first outflow in three weeksApril 21, 202374April 21 (Reuters) - U.S. bond funds suffered big outflows in the week to April 19 on expectations that the...
CurrenciesDollar clings to gains, economic outlook cloudsApril 21, 202366SINGAPORE, April 21 (Reuters) - The dollar headed for its first weekly gain in nearly two months on Friday as...
FinanceAustrian banks unaffected by banking turmoil, finance minister tells Neue Zuercher ZeitungApril 8, 202373ZURICH, April 8 (Reuters) - Austria's government is monitoring the global banking turmoil although there are so far no signs...
CurrenciesGold hovers near 2020 record highs on softer dollar, weak US dataApril 5, 202383April 5 (Reuters) - Gold prices hovered near record highs seen in 2020, trading steady above the key $2,000 level...