US bank credit rose last week, while commercial and industrial loans fell -Fed data
Bank credit for U.S. commercial banks expanded slightly in the last week of June, even as commercial and
2023-07-08 05:25
Senate banking panel to vote on Fed nominees Wednesday
The U.S. Senate Banking Committee will vote on Wednesday on whether to advance President Joe Biden's pick for
2023-07-08 03:15
Expect more rate hikes from the Fed after the latest jobs report
An interest rate hike later this month was already in the cards for the Federal Reserve. But after the June jobs report, the timing of a second hike remains unclear.
2023-07-08 02:49
Bed Bath & Beyond ends auction for Buy Buy Baby stores
By Dietrich Knauth NEW YORK Bankrupt retailer Bed Bath & Beyond has ended its efforts to find a
2023-07-08 01:21
Wisconsin will raise public school funding for the next 400 years
Democratic Governor Tony Evers' creative move to hike the budget leaves state Republicans furious.
2023-07-08 00:16
Fed seen raising rates this month, but traders less sure of further hike
Traders on Friday stuck to bets the Fed will raise its benchmark interest rate this month to a
2023-07-07 20:54
Yellen criticises Chinese curbs against US firms
The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.
2023-07-07 18:45
Jobs data one more piece of Fed's July rate hike puzzle
By Howard Schneider WASHINGTON U.S. Federal Reserve officials parsing whether to follow through with an expected interest rate
2023-07-07 18:15
Japanese workers are finally seeing their pay jump
Wages in the world's third largest economy grew at the fastest pace in 28 years in May.
2023-07-07 12:26
Swedish Banks Can Withstand Real Estate Collapse, SEB Says
Sweden’s largest bank says the nation’s lenders are strong enough to support the turbulent property markets, even as
2023-07-07 12:21
PepsiCo, Mars See Business Boom in Russia After Staying Behind
Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the
2023-07-07 10:22
The US is the world's biggest corn exporter - but for how long?
The US could soon lose its title as the world's biggest exporter of the crop, which could have global consequences.
2023-07-07 09:20