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US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) hosts a bill enrollment ceremony for legislation blocking the enactment of the Washington, DC City Council’s ‘Revised Criminal Code Act of 2022’, in Statuary Hall in the U.S. Capitol building in Washington, By David Morgan WASHINGTON (Reuters) -U.S. House Speaker Kevin McCarthy said on Thursday that…

Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington

Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington

© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski WASHINGTON (Reuters) -Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may…

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

© Reuters. FILE PHOTO: Deutsche Bank logo and rising stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo   DBKGn -1.58% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1…