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As Fed meeting looms, economists see central bank balance sheet in new light
By Michael S. Derby WASHINGTON (Reuters) - Historic Federal Reserve lending to banks in the wake of Silicon Valley Bank's collapse punched a huge hole in its effort to shrink the size of its balance s...
Syndicated Content Mar 22, 2023
Scranton to Biden: Love ya, Joe. But a 2024 run?
By Jarrett Renshaw SCRANTON, Pennsylvania (Reuters) - In Joe Biden's childhood hometown of Scranton, signs of affection for the U.S. president are hard to miss. Two streets and an expressway into the ...
Syndicated Content Mar 22, 2023
Jack Daniel’s trademark fight over dog toy goes to U.S. Supreme Court
By John Kruzel and Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday is set to hear a trademark clash between Jack Daniel's and a dog accessory company behind a parody chew toy r...
Syndicated Content Mar 22, 2023
Marketmind: Leaning back to Fed hike, UK inflation jolt
A look at the day ahead in U.S. and global markets from Mike Dolan A semblance of banking calm has allowed markets to pick a lane and bet one last U.S. interest rate hike later on Thursday - but you'd...
Syndicated Content Mar 22, 2023
Argentina drought saps dollar reserves, pressuring FX crawling peg
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's slow-and-steady currency devaluation plan is coming under rising pressure as a historic drought pummels exports of cash crops so...
Syndicated Content Mar 22, 2023
More banks will fail over next 2 years, says Man Group CEO
By Iain Withers and Nell Mackenzie LONDON (Reuters) - The banking turmoil sparked by the collapse of Silicon Valley Bank is not yet over, and a significant number of banks will fail within two years, ...
Syndicated Content Mar 22, 2023
At what cost? UK PM Sunak to win post-Brexit trade vote in parliament
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Rishi Sunak is set to win parliamentary approval on Wednesday for a key element of a post-Brexit deal on Northern Ireland, a victory tainted...
Syndicated Content Mar 22, 2023
UK house prices rise 6.3% in 12 months to January – ONS
LONDON (Reuters) - British house prices rose by 6.3% in January from the same month in 2022, the Office for National Statistics (ONS) said on Wednesday. The rise was smaller than December's downwardly...
Syndicated Content Mar 22, 2023
Futures edge lower on caution ahead of Fed rate decision
(Reuters) - U.S. stock index futures fell on Wednesday in the run-up to a crucial interest rate decision by the Federal Reserve, which is widely expected to raise rates by a quarter percentage point d...
Syndicated Content Mar 22, 2023
Italy makes biofuel demand as EU attempts to unblock combustion engine phase-out
By Kate Abnett BRUSSELS (Reuters) - Italy has warned the European Commission that it will only support a solution to unblock the EU's planned phase-out of combustion engine cars by 2035 if it allows t...
Syndicated Content Mar 22, 2023
Peoria, IL, USA
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