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Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First Republic Bank, protect all its depositors and ensure that U.S. taxpayers are n...
Syndicated Content May 01, 2023
Biden urges Republicans take debt default off table
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday urged House of Representatives Speaker Kevin McCarthy to take the potential for a debt default off the table, saying the United States is "not...
Syndicated Content May 01, 2023
Explainer-With Bluesky, Jack Dorsey has another go at Twitter-like service
(Reuters) - Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky. The service is gaining traction among Twitter power users, attracting promine...
Syndicated Content May 01, 2023
Citi’s Fraser warns U.S. debt ceiling debate has serious consequences
BEVERLY HILLS (Reuters) - Citigroup chief executive officer Jane Fraser said on Monday that debate about the debt ceiling in the United States had serious consequences even as the investing world brea...
Syndicated Content May 01, 2023
IMF’s Georgieva says more vulnerabilities in banking sector may be exposed
BEVERLY HILLS, California (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Monday she expects more weaknesses to be exposed in the banking sector, only hours afte...
Syndicated Content May 01, 2023
Florida board to countersue Disney
(Reuters) - An oversight board appointed by Florida Governor Ron DeSantis on Monday said it would file a countersuit against Walt Disney Co in state court, according to prepared remarks seen by Reuter...
Syndicated Content May 01, 2023
Wall St stocks, dollar gain with data; Fed, earnings in the wings
By Sinad Carew (Reuters) - The S&P 500 and the Dow were up slightly while the Nasdaq fell and the dollar gained as investors waited for clues on the Federal Reserve's interest rate path as well as a r...
Syndicated Content May 01, 2023
Fed says new refinements of trading process are coming
By Michael S. Derby (Reuters) - The Federal Reserve is planning new steps to ensure officials and top staff are complying with financial trading and ethics rules put in place last year, it said in a r...
Syndicated Content May 01, 2023
GM lays off several hundred full-time contract workers – WSJ
(Reuters) - General Motors Co has laid off several hundred full-time contract workers at its engineering hub in suburban Detroit over the weekend, the Wall Street Journal reported on Monday, citing a ...
Syndicated Content May 01, 2023
Meta plans $7 billion bond issue – Bloomberg News
(Reuters) - Meta Platforms Inc is planning to raise $7 billion in a second bond offering, Bloomberg News reported on Monday, citing a person familiar with the matter. The five-part bond issue's longes...
Syndicated Content May 01, 2023
Peoria, IL, USA
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