US regional bank shares bounce as debt ceiling overshadows crisis
By Chibuike Oguh and Niket Nishant (Reuters) -Shares of U.S. regional lenders rose on Monday, led by a rebound in
2023-05-16 05:51
Fed's Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced
2023-05-16 05:48
U.S. announces plan to buy 3 million barrels for emergency oil reserve
(Reuters) -The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the
2023-05-16 04:53
Food aid cuts still 'red line' in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON Expanding work requirements for the largest U.S. food assistance program is still a "red
2023-05-16 04:25
Republicans reject White House tax loophole proposal in debt talks -WaPo
WASHINGTON The White House last week gave Republican lawmakers a list of proposals to reduce the deficit by
2023-05-16 03:27
Mexico asks Texas to halt costly cargo inspections; will file USMCA complaint
MEXICO CITY Mexico's economy ministry is urging the U.S. state of Texas to remove inspections of cargo crossing
2023-05-16 02:59
Fed monetary policy mechanics would be tested by US debt default
By Michael S. Derby NEW YORK A default on U.S. Treasury debt would be a leap into the
2023-05-16 02:48
'Big Short' investor Burry bet on regional banks in first quarter
By David Randall NEW YORK Hedge fund manager Michael Burry, who rose to fame with his bets against
2023-05-16 02:25
Former Silicon Valley Bank chief Becker says interest rate hikes, social media sank firm
WASHINGTON Greg Becker, former CEO of collapsed lender Silicon Valley Bank, apologized in congressional testimony for what he
2023-05-16 01:52
US Treasury's Adeyemo dismisses platinum coin to skirt debt ceiling
By David Lawder and Susan Heavey WASHINGTON The U.S. Deputy Treasury Secretary on Monday dismissed the idea of
2023-05-16 00:55
NY Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK Amid a modest gain in overall household borrowing levels during the first
2023-05-15 23:17
U.S. Supreme Court spurns dispute over Monsanto class-action settlement
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday declined to hear a dispute involving a lawsuit against Bayer
2023-05-15 22:27