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
Marketmind: Debt cap tick-tock leaves eerie calm
A look at the day ahead in U.S. and global markets from Mike Dolan A strange calm fell over world
2023-05-12 18:18
Oil prices head for fourth weekly drop as demand fears weigh
By Rowena Edwards LONDON (Reuters) -Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns
2023-05-12 17:59
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:24