US bank deposit outflows decelerated in second week after SVB collapse
March 31 (Reuters) - Deposits at all U.S. commercial banks fell in the week ended March 22 to their lowest...
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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...
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...
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...
UK Treasury official sees no immediate concerns on UBS-Credit Suisse deal
WASHINGTON, March 28 (Reuters) - Britain's No. 2 Treasury official said on Tuesday that he does not have any immediate...
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...
Banking stress puts U.S. and Europe on watch for credit crunch
WASHINGTON/FRANKFURT, March 26 (Reuters) - Stress in the banking sector is being closely monitored for its potential to trigger a...
US business investment appears weak in first quarter as orders rise moderately
Core capital goods orders increase 0.2% in FebruaryShipments of core capital goods unchangedBusiness activity picks up in March; manufacturing weakWASHINGTON,...
U.S. regulators say banking system ‘sound and resilient’
WASHINGTON, March 24 (Reuters) - The multi-regulator U.S. Financial Stability Oversight Council agreed on Friday that the U.S. banking system...
