US labor market softens as job openings drop, layoffs at highest level in over 2 years
Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
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White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed 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...
JPMorgan to buy First Republic’s assets and assume deposits
May 1 (Reuters) - JPMorgan Chase & Co (JPM.N) will buy most of First Republic Bank's (FRC.N) assets in a...
Too high for comfort: Five questions for the ECB
LONDON, May 1 (Reuters) - Inflation in the euro area is too high for comfort, meaning markets expect the European...
Britain’s Lloyds to repay AT1 debt as market recovers from Credit Suisse shock
LONDON, April 28 (Reuters) - Lloyds, Britain's biggest domestic bank, said on Friday it will repay an 'Additional Tier 1'...
US consumer spending flattens; core inflation still hot
Consumer spending unchanged in MarchCore PCE price index rises 0.3%; up 4.6% year-on-yearWages, salaries increase 1.2% in first quarterWASHINGTON, April...
Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue
Lawmakers call for governing board to be expandedEconomists say term limits should be consideredDebate arises as bank seeks new board...
Deutsche Bank to buy British stockbroker Numis for $511 mln
April 28 (Reuters) - Deutsche Bank (DBKGn.DE) said on Friday it had agreed to buy Numis Corp (NUM.L), a London-based...
Wall St notches biggest gain in months, Treasury yields rise on solid earnings
Upbeat results from Meta power NasdaqS&P, Dow see biggest one-day pct gain since Jan 6Nasdaq notches biggest one-day pct advance...
