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‘Most vulnerable’ U.S. banks lost $1 trillion in deposits in a year -JPMorgan
By Nupur Anand New YORK (Reuters) - JPMorgan Chase & Co analysts estimate that the "most vulnerable" U.S. banks are likely to have lost a total of about $1 trillion in deposits since last year, with h...
Syndicated Content Mar 23, 2023
Chinese lithium price dives in heated auto price war
By Siyi Liu and Dominique Patton BEIJING (Reuters) - China's lithium prices are plunging faster than expected this year, down 34% in the last four weeks alone, hit by a slump in demand for electric ve...
Syndicated Content Mar 23, 2023
TikTok CEO grilled by U.S. lawmakers over ‘dangerous’ content
By Sheila Dang and Rami Ayyub (Reuters) - U.S. lawmakers at a congressional hearing on Thursday accused TikTok of serving harmful content and inflicting "emotional distress" on young users, grilling t...
Syndicated Content Mar 23, 2023
Shou Zi Chew: Who is the TikTok CEO testifying before Congress?
(Reuters) - TikTok Chief Executive Shou Zi Chew has mostly kept a low profile since taking the job in 2021 but on Thursday he is testifying before U.S. lawmakers, many of them suspicious of the popula...
Syndicated Content Mar 23, 2023
Trump to face anonymous jury in high-profile New York defamation trial
NEW YORK (Reuters) - A U.S. judge said Donald Trump will get an anonymous jury in rape accuser E. Jean Carroll's upcoming defamation trial, citing the risk of juror harassment and noting Trump's react...
Syndicated Content Mar 23, 2023
US watchdog warns of risks of buying crypto asset securities
By Hannah Lang (Reuters) - The U.S. Securities and Exchange Commission on Thursday issued an investor alert warning that firms offering crypto asset securities may not be complying with U.S. laws. Unr...
Syndicated Content Mar 23, 2023
Rusal plans further lawsuit against Potanin over Nornickel pact
By Sam Tobin and Clara Denina LONDON (Reuters) - Aluminium giant Rusal plans to bring further lawsuit in London against Vladimir Potanin, CEO of Nornickel, court documents show, marking the latest fla...
Syndicated Content Mar 23, 2023
Explainer-Credit Suisse bondholders seek legal advice on AT1 wipe-out
By Naomi Rovnick, Chiara Elisei and Kirstin Ridley LONDON (Reuters) - Credit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Ad...
Syndicated Content Mar 23, 2023
IMF calls for ‘continued vigilance’ in wake of banking turmoil
WASHINGTON (Reuters) - Rapid actions by policymakers and major central banks after banking collapses in the United States and Switzerland have eased market stress to some extent but continued vigilanc...
Syndicated Content Mar 23, 2023
U.S. new home sales post third straight monthly gain in February
WASHINGTON (Reuters) - Sales of new U.S. single-family homes increased to a six-month high in February, the latest indication that the housing market could be close to finding a floor after being hamm...
Syndicated Content Mar 23, 2023
Peoria, IL, USA
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