INDG08 – Page 4 – Money Lowdown

Wall Street ends down, investors step back after Fitch US rating cut

August 2, 2023

Fitch cuts US credit rating to AA+Wells Fargo slides on plan to help refill FDIC coffersU.S. private payrolls beat expectations...

Money

Trump group reports big legal expenses, claws money back from super PAC

August 1, 2023

WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...

Banking

Factbox: European companies cut jobs as economy sputters

July 25, 2023

July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...

Economy

EU countries, lawmakers reach data rule deal targeting Big Tech

June 27, 2023

BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech...

Currencies

US consumer confidence races to 17-month high; housing market regaining strength

June 27, 2023

Consumer confidence index increases to 109.7 in June from 102.5Core capital goods orders rise 0.7% in May; shipments up 0.2%New...

Banking

Heathcare stocks weigh on STOXX 600, defence stocks slide

June 26, 2023

STOXX 600 off 0.1%Defence firms fall after failed Russian mutinyHealthcare sector drags STOXX 600German business morale weakens againJune 26 (Reuters)...