Category Archives:
Fed’s Williams: 50 bps hike is a ‘reasonable option’ for May
(Reuters) - Federal Reserve Bank of New York President John Williams on Thursday ratified market expectations for a half-point interest rate hike in May, saying it is a "reasonable option" given high ...
Apr 14, 2022
Analysis – Sri Lanka bondholders brace for big losses in debt restructuring
By Jorgelina do Rosario and Karin Strohecker (Reuters) - Sri Lanka's creditors face losing a third to half of their investment in the country's dollar bonds, after the government announced it would re...
Apr 14, 2022
Gasoline lifts U.S. retail sales in March; weekly jobless claims rise
WASHINGTON (Reuters) - U.S. retail sales increased in March, mostly boosted by higher gasoline and food prices, but consumers are showing signs of cutting back on discretionary spending amid high infl...
Apr 14, 2022
ECB confirms plans to roll back stimulus; yields dip
LONDON (Reuters) - The European Central Bank kept policy unchanged on Thursday, signalling a steady reduction of stimulus over the coming months as inflation remains uncomfortably high. The ECB has be...
Apr 14, 2022
Euro, bond yields fall as ECB refrains from naming stimulus rollback date
LONDON (Reuters) -Europe's single currency and government bond yields across the region fell on Thursday after the European Central Bank signalled a steady reduction of stimulus over the coming months...
Apr 14, 2022
New York AG launches investigation on oil industry over gas price gouging – CNN
(Reuters) - New York Attorney General (AG) Letitia James has launched an investigation to determine whether the oil industry has engaged in gas price gouging, CNN reported on Thursday, citing a person...
Apr 14, 2022
Citigroup profit sinks 46% on loan loss provisions, dealmaking slump
By David Henry and Manya Saini NEW YORK (Reuters) - Citigroup Inc posted a 46% plunge in first-quarter profit on Thursday as it took hits from provisions for Russia-related losses, a slump in underwri...
Apr 14, 2022
Musk’s plans for Twitter as billionaire launches takeover offer
(Reuters) - Tesla Chief Executive Elon Musk has offered to buy Twitter Inc for about $41 billion in cash, days after rejecting a seat on the social media company's board. It all started with Musk disc...
Apr 14, 2022
Goldman Sachs profit nearly halves on slowdown in dealmaking
(Reuters) -Goldman Sachs Group Inc reported first-quarter profit that nearly halved on Thursday, as capital markets activity normalized from bumper levels a year ago, weighing on the bank's investment...
Apr 14, 2022
Morgan Stanley profit falls on trading slowdown
(Reuters) - Morgan Stanley reported an 11% drop in first-quarter profit on Thursday as equity underwriting revenue slumped from last year's highs, taking some shine off a near doubling in M&A advisory...
Apr 14, 2022
Peoria, IL, USA
57 °F Sunny
