Category Archives:
Moody’s says US banks are still strong despite downgrades
By Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) - Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it ...
Aug 08, 2023
Gabon sees Africa’s first ‘debt-for-nature’ swap over the line
JOHANNESBURG (Reuters) -Gabon moved forward with Africa's first debt-for-nature swap on Tuesday in a deal that saw the country buy back a nominal $500 million of its international debt and price an eq...
Aug 08, 2023
Distressed US corporate debt trading touches 11-month low: JPM
By Matt Tracy (Reuters) - The amount of U.S. corporate loans and bonds trading at distressed levels has reached its lowest in 11 months, according to a JPMorgan research report on Tuesday. As of July'...
Aug 08, 2023
Arizona abortion rights groups launch bid to put issue on 2024 ballot
By Joseph Ax (Reuters) - Abortion rights advocates in Arizona on Tuesday launched a campaign to add abortion protections to the state constitution in next year's election, in a bid to invalidate the s...
Aug 08, 2023
Nvidia launches new AI chip configuration
By Max A. Cherney (Reuters) - Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that is designed to speed generative AI applications. The new version of th...
Aug 08, 2023
Republican Ron DeSantis ousts campaign manager amid slump in polls
By Gram Slattery, Alexandra Ulmer and Tim Reid WASHINGTON (Reuters) -Republican U.S. presidential candidate Ron DeSantis has replaced his campaign manager, an aide said on Tuesday, as the Florida gove...
Aug 08, 2023
The Illinois state flag could get a makeover in the next year. Here’s what we know
SPRINGFIELD, Ill. – A newly created commission will look into the potential of redesigning one of Illinois' state symbols. The Illinois Flag Commission was made official Monday after Governor J....
Aug 08, 2023
Boeing deliveries fall in July amid 737 supply chain hurdles
(Reuters) - Boeing delivered fewer airplanes in July than its European rival Airbus, as the U.S. planemaker continued to work through logistics and supply chain disruptions affecting its bestselling 7...
Aug 08, 2023
US household debt largely unchanged in Q2, credit card balances jump, NY Fed says
By Ann Saphir (Reuters) - Americans borrowed more than ever on their credit cards in the last quarter, the New York Federal Reserve Bank said on Tuesday, with balances surpassing $1 trillion for the f...
Aug 08, 2023
Former US Vice President Pence has qualified for Republican debate -team
(Reuters) - Former U.S. Vice President Mike Pence has qualified for the first Republican debate of the 2024 U.S. presidential campaign on Aug. 23 in Milwaukee, his campaign team said on Tuesday. Pence...
Aug 08, 2023
Peoria, IL, USA
55 °F Sunny
