US consumer spending slows, but seen boosting first-quarter GDP growth
Consumer spending increases 0.2% in FebruaryCore PCE price index rises 0.3%; up 4.6% year-on-yearIncome climbs 0.3%; saving rate jumps to...
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EU to ease process of winding down medium-sized banks – Bloomberg News
March 31 (Reuters) - The European Union intends to make it easier to wind down medium-size banks that fail by...
Markets in Q1: Moving fast and breaking things
World stocks up 6% after rollercoaster few monthsBond markets see huge swings between hope and fearBanking turmoil evokes memory of...
Biden to announce federal funding for Mississippi tornado recovery on Friday
WASHINGTON, March 31 (Reuters) - U.S. President Joe Biden will announce on Friday that the federal government will cover for...
US labor market remains tight; corporate profits decline
Weekly jobless claims increase 7,000 to 198,000Continuing claims rise 4,000 to 1.689 millionQ4 GDP growth pace lowered to 2.6% from...
Analysis: After extraordinary rally, bonds’ fate now with bank stability and inflation
U.S. 2-year yields eye biggest falls since 2008Bank turmoil prompts sharp cut in rate hike betsOutlook depends on financial stability...
Democratic leaders gather for Biden’s virtual summit, struggle to unite behind principles
WASHINGTON, March 29 (Reuters) - U.S. President Joe Biden announced new funding to bolster democracies around the world at a...
S.Korea, US seeking extradition of crypto entrepreneur Do Kwon -Montenegro
PODGORICA, March 29 (Reuters) - South Korea and the U.S. are seeking the extradition of Do Kwon, an international fugitive...
US consumer confidence rises as Americans shrug off bank failures
Consumer confidence index increases to 104.2 in MarchLabor market differential falls to 38.8 from 40.7Goods trade deficit rises to 0.6%...
US regulators to face sharp questions from Congress over bank collapses
WASHINGTON, March 28 (Reuters) - Lawmakers are expected to put top U.S. bank regulators on the defensive over the unexpected...
