UK inflation to exceed BoE target for next 4 years: NIESR
By David Milliken LONDON The Bank of England will not succeed in returning inflation to its 2% target
2023-08-09 07:20
US Fed clarifies process for banks to transact in stablecoins
By Hannah Lang (Reuters) -State banks that are a member of the U.S. Federal Reserve system should obtain a written
2023-08-09 04:46
UPS driver pay deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike.
2023-08-09 02:55
US judge orders Southwest lawyers to undergo 'religious liberty training'
By Daniel Wiessner (Reuters) -A federal judge in Texas has ordered three senior lawyers at Southwest Airlines Co to attend
2023-08-09 02:22
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:30
Italy seeks deal by end of year with Stellantis on car industry plan
MILAN (Reuters) -The Italian government aims to agree a broad plan to 2030 for the country's automotive industry with carmaker
2023-08-08 23:19
Canadian publishers seek antitrust probe of Meta blocking news
OTTAWA (Reuters) -Canadian news industry groups on Tuesday asked the country's antitrust regulator to investigate Meta Platforms' decision to block
2023-08-08 23:16
Americans are pulling money out of their 401(k) plans at an alarming rate
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
2023-08-08 21:49
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:26
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:53
Singapore PM Lee reassures public amid political scandals, inflation
SINGAPORE (Reuters) -Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political
2023-08-08 19:52
Italy shocks banks with 40% windfall tax for 2023
By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent
2023-08-08 19:47