Category Archives:
New York factory activity slumps in May – NY Fed
WASHINGTON (Reuters) - The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State plunged in May, but the survey is extremely volatile, making it harder to i...
May 15, 2023
NY Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK (Reuters) - Amid a modest gain in overall household borrowing levels during the first quarter, the level of those taking on new housing-related debt dropped sharply, the N...
May 15, 2023
Italy allocates funds to shield workers from AI replacement threat
ROME (Reuters) - Italy on Monday earmarked 30 million euros ($33 million) to improve the skills of unemployed people as well as those workers whose jobs could be most at risk from the advance of autom...
May 15, 2023
US regional banks rise in attempt to shake off crisis of confidence
(Reuters) - Shares of U.S. regional lenders gained on Monday led by a rebound in PacWest Bancorp, as investors tried to look past the crisis of confidence brought on by the collapse of three banks in ...
May 15, 2023
Biden taps Bertagnolli to lead National Institutes of Health
WASHINGTON (Reuters) - U.S. President Joe Biden will appoint Monica Bertagnolli, director of the National Cancer Institute, to lead the National Institutes of Health, the White House said on Monday. B...
May 15, 2023
Stellantis halts battery plant construction over dispute with Canada govt
OTTAWA (Reuters) - Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plan in Windsor, Canada over a disagreement with...
May 15, 2023
EU antitrust regulators clear $69 billion Microsoft, Activision deal
BRUSSELS (Reuters) - EU antitrust regulators on Monday cleared Microsoft Corp's $69 billion acquisition of Activision, saying remedies offered by the U.S. software giant addressed their concerns. The ...
May 15, 2023
EU’s Gentiloni sees no risk of EU real estate or debt crisis as rates rise
BRUSSELS (Reuters) - Europe is not in danger of a real estate or debt crisis as a result of the rapid rise in European Central Bank interest rates, Economic Commissioner Paolo Gentiloni said on Monday...
May 15, 2023
Morgan Stanley to increase Paris staff to 500 by 2025
PARIS (Reuters) - Morgan Stanley's plan to increase headcount in France by 200 by 2025 would bring its total staff in the country to 500, with the new Paris-based bankers mostly devoted to sales and t...
May 15, 2023
U.S. Supreme Court allows death row inmate’s lawsuit after failed execution
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday allowed a challenge by an Alabama death row inmate who sued months before surviving a botched execution claiming that the state's troubled l...
May 15, 2023
Peoria, IL, USA
43 °F Overcast
