U.S. bank deposits fell at record pace, while profits flat in Q1: FDIC
WASHINGTON U.S. banks saw total deposits decline by a record 2.5% in the first quarter of 2023, and
2023-05-31 22:55
Apple Headset Enthusiasm Is Absent on Wall Street
The prospect of Apple Inc.’s first new product category in nearly a decade could hardly be attracting less
2023-05-31 21:59
Turkish central bank signals to banks it may soften measures -bankers
By Nevzat Devranoglu ANKARA Turkey's central bank signalled at a meeting with senior bankers that it would respond
2023-05-31 21:57
German Inflation Slows Significantly as ECB Hikes Near End
Germany joined its major euro-zone peers in reporting a steep slowdown in inflation — underscoring arguments by some
2023-05-31 21:23
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:22
Global palladium market to swing to surplus in 2024 - Nornickel
Russia's Nornickel expects the global palladium market to swing to a surplus of 300,000 troy ounces in 2024
2023-05-31 20:53
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:18
Demographics are a headwind for emerging markets - BlackRock
By Jorgelina do Rosario and Karin Strohecker LONDON A decline in labour growth and expected fall in the
2023-05-31 20:16
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:15
Lira hits record low as Turkey prepares for new cabinet
ISTANBUL (Reuters) -Turkey's lira tumbled on Wednesday to a fresh record low against the dollar as President Tayyip Erdogan prepared
2023-05-31 20:15
The banking crisis has gone quiet but it isn't over
Amid the US debt ceiling turmoil, a potential recession and the upcoming Fed meeting, Wall Street has a lot on its plate. Given the circumstances, it is understandable that investors may need to prioritize which emergency to address at each moment.
2023-05-31 19:53
Futures dip ahead of debt ceiling deal vote
By Shreyashi Sanyal U.S. stock index futures dipped on Wednesday as a deal to raise the nation's debt
2023-05-31 19:51