Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:21
EU states approve world's first comprehensive crypto rules
By Huw Jones European Union states on Tuesday gave the final nod to the world's first comprehensive set
2023-05-16 19:21
US banking regulators open to mergers, but vow tougher rules
By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future
2023-05-16 05:57
Egg prices are crashing. Here's why
For months and months, the price of eggs was soaring. Now, they're going splat.
2023-05-16 04:15
Former Silicon Valley Bank CEO: 'I am truly sorry'
The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared testimony that he believes no bank could have survived the run that gutted SVB in early March.
2023-05-16 03:59
Activist investor Elliott pushes for change at NRG Energy
Activist investor Elliott Investment Management on Monday sent a letter to the board of NRG Energy urging the
2023-05-15 21:29
Why America needs regional banks
To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed "too big to fail." Their ATMs and branches are ubiquitous, their mobile apps sleek and user-friendly.
2023-05-14 21:23
Tighter ECB policy could push up bad debt levels - de Guindos
FRANKFURT European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos
2023-05-14 06:28
IMF staff, Senegal reach agreement on $1.9 billion funding package
International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund
2023-05-12 14:51
Norwegian Air reports Q1 loss, eyes seasonal summer boost
By Victoria Klesty OSLO (Reuters) -Norwegian Air reported a first-quarter loss on Friday, and said strong booking numbers would give
2023-05-12 13:47
White House takes signature law off negotiating table in early spending, debt ceiling talks
The White House is drawing its battle lines.
2023-05-12 05:00
HSBC, Scotiabank hit with US penalties over employees' use of personal devices
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings with
2023-05-11 23:53