PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said
2023-05-12 04:54
Biden, McCarthy's Friday debt ceiling meeting postponed, White House says
By Jeff Mason and Jarrett Renshaw WASHINGTON A debt limit meeting between U.S. President Joe Biden and top
2023-05-12 04:48
US permit crackdown poses new hurdles for proposed LNG projects - analysts
By Curtis Williams HOUSTON The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural
2023-05-12 04:24
Climate change not 'serious risk' to financial stability, Fed's Waller says
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such "significantly unique or material" financial stability risks that the
2023-05-11 23:58
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
Fed's Kashkari says tight monetary policy may be needed for 'extended' time
By Ann Saphir An extended period of high interest rates and an inverted yield curve could put more
2023-05-11 22:57
Peloton backpedals to near record low after bike recall
NEW YORK Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low
2023-05-11 22:17
FDIC board to discuss special assessment fees for banks
The board of directors of the Federal Deposit Insurance Corp (FDIC) will meet on Thursday to consider special
2023-05-11 21:49
Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
2023-05-11 21:16
U.S. weekly jobless claims jump to highest level since late 2021
WASHINGTON The number of Americans filing new claims for jobless benefits jumped last week to the highest level
2023-05-11 20:50
Marketmind: Disinflation cheer, debt cap fear
A look at the day ahead in U.S. and global markets from Mike Dolan Investor relief that ongoing U.S. disinflation
2023-05-11 18:19
Futures edge higher on inflation cheer, Disney slides
U.S. stock index futures edged higher in the early hours of Thursday on lingering optimism over upbeat inflation
2023-05-11 17:28