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Leveraged bets in US Treasury market could ‘amplify’ stress, BoE warns
By David Randall NEW YORK (Reuters) - Large leveraged bets by hedge funds in the U.S. Treasury market could "amplify stress" in global financial markets should rates markets move sharply, the Bank of ...
Syndicated Content Jul 12, 2023
US Senate committee votes to approve key FCC nominee
By David Shepardson WASHINGTON (Reuters) - The U.S. Senate Commerce Committee on Wednesday voted to approve President Joe Biden's nominee for a key fifth seat on the U.S. Federal Communications Commis...
Syndicated Content Jul 12, 2023
Morgan Stanley hires healthcare services banker Cohen from Truist
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) - Morgan Stanley has hired veteran investment banker Daniel Cohen from Truist Financial Corp, where he was the head of the firm's healthca...
Syndicated Content Jul 12, 2023
With Trump way ahead in 2024 Republican polls, Iowa becomes do-or-die for DeSantis
By James Oliphant, Gram Slattery and Alexandra Ulmer WASHINGTON (Reuters) - Florida Governor Ron DeSantis' campaign is making a high-risk bet that it can halt Donald Trump's march to the Republican pr...
Syndicated Content Jul 12, 2023
Analysis-Banks step up U.S property loan tweaks to limit defaults
By Shankar Ramakrishnan and Matt Tracy (Reuters) - Banks are showing a growing willingness to rework the terms of U.S. commercial real estate loans to prevent defaults, mitigating near-term losses but...
Syndicated Content Jul 12, 2023
US Southwest broils as prolonged heat wave stretches from coast to coast
By Brendan O'Brien and Rich McKay (Reuters) - A searing heat wave that has settled over a coast-to-coast swath of the U.S. is expected to push temperatures on Wednesday as high as 110 degrees Fahrenhe...
Syndicated Content Jul 12, 2023
UK economy shows strains and gains, complicating BoE’s job
By William Schomberg LONDON (Reuters) - Britain's economy is showing some signs of strain from the Bank of England's 13 back-to-back interest rate increases, but the jobs market is still generating in...
Syndicated Content Jul 12, 2023
Twitter, ChatGPT down for thousands of users – Downdetector
(Reuters) - Twitter services were down for thousands of users on Wednesday, according to outage tracking website Downdetector.com, while OpenAI said its viral chatbot ChatGPT was not available for mos...
Syndicated Content Jul 12, 2023
Shopify to launch AI assistant for merchants
(Reuters) - Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on its platform, the latest technology company to roll out such a ...
Syndicated Content Jul 12, 2023
Israeli investor says tech sector will overcome judicial reform crisis
By Steven Scheer JERUSALEM (Reuters) - A leading Israel investor on Wednesday predicted that the country's vital tech sector would recover quickly from its current funding downturn, in part by fightin...
Syndicated Content Jul 12, 2023
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