Category Archives:
RBA to take foot off rate hike pedal
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Australia's central bank takes center stage on Tuesday with its latest interest rate decision, and beyond th...
Apr 03, 2023
Yellen says not willing to allow contagious bank runs to develop
By David Lawder NEW HAVEN, Conn. (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday said deposit outflows from small and medium-sized banks were diminishing, but she was watching the situation...
Apr 03, 2023
Rising rates put pressure on U.S. insurers’ reserves, Fitch says
NEW YORK (Reuters) - Rising interest rates are eating into the reserves that U.S. life insurers must hold to deal with rate fluctuations, ratings agency Fitch Ratings said on Monday, creating an accou...
Apr 03, 2023
Explainer-Tesla’s legal troubles: what’s next after $3 million race bias verdict?
By Daniel Wiessner (Reuters) - A federal jury on Monday ordered Tesla Inc to pay about $3.2 million to a Black former factory worker who won a lawsuit accusing the electric car maker of tolerating sev...
Apr 03, 2023
FDIC announces sale process of former Signature Bank loan portfolio
(Reuters) - The Federal Deposit Insurance Corporation (FDIC) on Monday announced the marketing process for the about $60 billion loan portfolio retained in receivership following the failure of Signat...
Apr 03, 2023
Jury orders Tesla to pay $3.2 million to Black ex-worker in US race bias case
By Daniel Wiessner (Reuters) -A federal jury in San Francisco on Monday ordered Tesla Inc to pay about $3.2 million to a Black former employee after the electric-vehicle maker was found to have failed...
Apr 03, 2023
OPEC+ may spur U.S. crude oil exports, tick production higher
By Stephanie Kelly and Liz Hampton (Reuters) - OPEC's surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and could encourage some other producers to boost output,...
Apr 03, 2023
Two JFK airport workers dead after being trapped under rubble
By Kanishka Singh (Reuters) - Two workers died at the John F. Kennedy International Airport in New York City on Monday after being trapped under construction rubble, authorities said, adding the incid...
Apr 03, 2023
Biden Midwest factory tour offers contrast to Trump hush money case
By Steve Holland FRIDLEY, Minnesota (Reuters) - While the drama over Donald Trump's arraignment unfolded in New York, President Joe Biden pressed ahead with his official duties, visiting the Midwester...
Apr 03, 2023
Merrill Lynch agrees to pay over $9.5 million to settle SEC charges over fee disclosures
NEW YORK (Reuters) - Merrill Lynch, Pierce, Fenner & Smith Inc has agreed to pay more than $9.5 million to settle charges from the U.S. Securities and Exchange Commission for failing to disclose forei...
Apr 03, 2023
Peoria, IL, USA
45 °F Sunny
