Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:46
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45
Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:19
US Bank Lending Retreated During Week of First Republic Failure
US loans and deposits fell slightly in the chaotic first week of May when First Republic Bank collapsed
2023-05-13 04:50
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
Governor Gavin Newsom said California is facing a $32 billion budget deficit, a deeper hole than previously projected,
2023-05-13 01:53
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
2023-05-13 01:48
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
2023-05-13 01:25
Biden’s Power-Plant Climate Plan Gives Utilities Time to Clean Up Their Act
The Biden administration’s latest plan to slash planet-warming pollution gives electric utilities years to clean up US coal
2023-05-13 00:51
Global equity funds see 4th week of outflows on slowdown worries
By Patturaja Murugaboopathy Global equity funds witnessed a fourth successive weekly outflow in the week ended May 10,
2023-05-12 22:59
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
BOE Chief Economist Says UK Inflation at ‘Turning Point’
Bank of England Chief Economist Huw Pill gave the clearest indication yet that officials think they might be
2023-05-12 22:19
India’s Retail Inflation Eases More Than Estimated in April
Consumer prices in India continued to slide in April, giving the central bank room to keep rates on
2023-05-12 20:22