First Republic shares dive on contagion fear, dragging U.S. regional banks
March 13 (Reuters) - Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank...
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Biden pledges ‘whatever needed’ as banks feel force of SVB fallout
March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...
US marshalling ‘material action’ to stem SVB fallout -sources
NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon...
France faces another day of nationwide protests against Macron’s pension plans
PARIS, March 11 (Reuters) - France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron's unpopular pension...
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
Analysis: Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue
NEW YORK, March 10 (Reuters) - A rapid fall in bank reserves held at the Federal Reserve, coinciding with an...
Strong US job growth persists; wage inflation shows signs of slowdown
Nonfarm payrolls increase by 311,000 in FebruaryUnemployment rate rises to 3.6% from 3.4%Average hourly earnings gain 0.2%; up 4.6% year-on-yearWASHINGTON,...
Europe’s lenders sucked into global banks rout
Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
Biden’s budget plan would boost childcare funding by billions of dollars
WASHINGTON, March 8 (Reuters) - U.S. President Joe Biden's fiscal 2024 budget plan would boost federal funding for childcare and...
U.S. clean energy ‘carrots’ could put Europe behind in decarbonization race, execs say
HOUSTON, March 8 (Reuters) - Billions of dollars in clean energy incentives are poised to speed investment on American soil...
