Union sues to strike down US debt limit as default looms
By Daniel Wiessner A union for U.S. federal government employees filed a lawsuit on Monday claiming a law
2023-05-09 03:59
Fed Says First-Quarter Loan Standards Tightened, Demand Weakened
The Federal Reserve said that banks reported tighter standards and weaker demand for loans in the first quarter,
2023-05-09 03:59
Canada Expels Chinese Envoy, Risking Retaliation in Growing Feud
Prime Minister Justin Trudeau’s government has expelled a Chinese envoy from Canada, a move that could prompt economic
2023-05-09 03:48
TD’s Handling of Transactions Behind Scuttling of Deal, WSJ Says
Toronto-Dominion Bank’s handling of suspicious customer transactions was the reason regulators wouldn’t approve the Canadian company’s $13.4 billion
2023-05-09 03:30
Fed survey: Banks are tightening up their lending standards after rate hikes, turmoil
It was already difficult for businesses and households to borrow money earlier this year — but after the collapse of three US regional banks and a cascade of rate hikes by the Federal Reserve, getting money has become a little harder.
2023-05-09 03:21
Russia bans jet skis, ride-hailing before WWII tributes
Russia is enacting a major security clampdown before annual commemorations marking the defeat of Nazi Germany in World War II
2023-05-09 03:20
Australia to Post First Budget Surplus in 15 Years on Cash Surge
Australia is headed for its first budget surplus since 2008 as windfall tax revenue from a fully employed
2023-05-09 03:18
Wall Street Journal, New York Times among Pulitzer winners
By Joseph Ax (Reuters) -The Wall Street Journal won the Pulitzer Prize for investigative reporting for revealing financial conflicts of
2023-05-09 03:16
Republicans ask watchdog to assess US oil reserve management
WASHINGTON Two Republicans on Monday asked a congressional watchdog to assess the Biden administration's management of the Strategic
2023-05-09 02:57
If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:51
Wall Street On Debt-Cap Alert as Biden, McCarthy Brace for Showdown
Investors are watching Washington with a keen eye as President Joe Biden prepares to host House Speaker Kevin
2023-05-09 02:50
PacWest pares gains after dividend cut fails to stem market fears
By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional
2023-05-09 02:49