CurrenciesThe end of dollar supremacy – Economy and ecologyMay 16, 202361Half a century ago, the dominance of the United States Dollar in the international finance and trade system was indisputable....
BankingIn the Market: Why US regional banks are doomed to a doom loopMay 16, 202388A sign reads “FDIC Insured” on the door of a branch of First Republic Bank in Boston, Massachusetts, U.S., March...
FundsVolatile banking sector saw big moves from funds in first quarterMay 15, 202378Buyers included Renaissance Technologies, Adage, ScionSellers included Bridgewater, Marshall WaceNEW YORK, May 15 (Reuters) - Fund managers zeroed in on...
InvestingMacron courts Tesla’s Musk and others to ‘Choose France’May 15, 202375France's President Emmanuel Macron meets with businessmen, including SpaceX, Twitter and Tesla CEO Elon Musk, during the 6th edition of...
FundsFed monetary policy mechanics would be tested by US debt defaultMay 15, 202361An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan ErnstNEW YORK, May 15 (Reuters)...
EconomyOil steady as tight supplies compete with economic concernsMay 15, 202390SINGAPORE, May 15 (Reuters) - Oil prices were steady on Monday as bullish sentiment about tightening supplies from OPEC+ cuts...
BankingUK’s Hunt says ‘absolutely devastating’ if US failed to raise debt ceilingMay 13, 202379NIIGATA, Japan, May 13 (Reuters) - British finance minister Jeremy Hunt said on Saturday it would be "absolutely devastating" if...
FundsSoros Fund Management cut Tesla stake, added Netflix in 1st quarterMay 12, 2023202The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File PhotoNEW YORK,...
BankingU.S. regional bank stocks creep higher in skittish tradingMay 12, 202383May 12 (Reuters) - Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish trading...
CurrenciesStocks slip as US consumer confidence slumps, dollar gainsMay 12, 202363Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2023....