US regional bank stocks fall after Yellen says more bank mergers necessary
NEW YORK Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet
2023-05-20 01:52
US debt ceiling: Republicans hit pause on negotiations for now
The lead Republican negotiator walks out of a closed-door meeting with White House representatives.
2023-05-20 01:51
NASA picks Bezos' Blue Origin to build lunar landers for moonwalkers
Jeff Bezos' rocket company has won a NASA contract to land astronauts on the moon, two years after losing out to SpaceX
2023-05-20 01:49
Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month
Chair Jerome Powell indicated that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation
2023-05-20 01:48
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
2023-05-20 01:27
Europe wants to ban Russian diamond imports. Will it hurt?
The European Union is poised to impose a ban on imports of Russia's diamonds — cutting off the world's biggest diamond producer from one of its key markets.
2023-05-20 01:25
ECB must continue inflation fight 'with determination', Schnabel says
LONDON The European Central Bank must continue its fight to tame inflation "with determination" because wages are rising,
2023-05-20 01:23
Inflation fight risks central banks' credibility and autonomy, BIS warns
By Marc Jones LONDON The credibility and independence of central banks around the world is at risk if
2023-05-20 01:15
Egypt: A Family-Friendly Exotic Destination
BERLIN--(BUSINESS WIRE)--May 19, 2023--
2023-05-20 00:56
Morgan Stanley's James Gorman, who arrived at the bank shortly before financial crisis, to retire
Morgan Stanley’s long-time CEO James Gorman will retire in the next 12 months, he said Friday at the bank’s annual shareholder meeting
2023-05-20 00:50
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage
2023-05-20 00:48
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month
2023-05-20 00:28