Category: Economy
All News
What Happened to First Republic Bank? Why Is It in Trouble?
The San Francisco-based regional bank, First Republic, was the third financial institution to declare insolvency in 2023 and the second-largest...
Explainer-What India’s decision to scrap its 2000-rupee note means for its economy
© Reuters. FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration By...
Stocks Higher, Walmart On Deck, Take-Two Sales Impress, Applied Materials In Focus, Micron’s Japan Push
Stock futures hold gains on debt ceiling deal hopes; Walmart earnings on deck amid cautious retail outlooks; Take-Two Interactive surges...
Walmart Earnings, April Retail Sales To Cast Light On Consumer Strength As Market Shifts Focus To Growth
With inflation slowing, and bank stresses largely isolated, markets are looking for the U.S consumer to support growth prospects over...
China central bank rolls over medium-term policy loans, rate unchanged
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China,...
Tighter ECB policy could push up bad debt levels
© Reuters. FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt,...
Exclusive-G7 to vow diversifying of supply chains, filling bank regulatory gaps -draft
© Reuters. U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, Germany’s Finance Minister Christian Lindner, Joachim Nagel, President...
Exclusive-G7 summit statement to target China’s ‘economic coercion’ -source
© Reuters. Italy's Economy Minister Giancarlo Giorgetti, Germany's Finance Minister Christian Lindner, Joachim Nagel, President of Germany's federal reserve Bundesbank,...
Elon Musk Says More Debt Is Bad for America
Negotiations between the White House and the Republican-led House on raising the debt ceiling are currently at an impasse...
US debt ceiling impasse pushes government credit default swaps to record high
© Reuters. U.S. President Joe Biden walks to board the Marine One helicopter for travel to New York from the...
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