If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:51
PacWest pares gains after dividend cut fails to stem market fears
By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional
2023-05-09 02:49
Banks tighten credit terms, see loan demand drop, Fed survey shows
U.S. banks tightened credit standards over the first months of the year and saw weakness in loan demand
2023-05-09 02:48
Warren Buffett's rival for attention at Berkshire weekend: Squishmallows
By Jonathan Stempel One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed
2023-05-09 02:47
Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved
Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting
2023-05-09 02:26
National Retail Federation lowers US consumer good import forecast for first half of 2023
By Lisa Baertlein LOS ANGELES Closely watched U.S. retail trade forecasters on Monday lowered their import target for
2023-05-09 01:19
Tyson Foods shares plunge after surprise loss, revenue forecast cut
By Tom Polansek and Granth Vanaik Tyson Foods Inc shares plunged 16% to a three-year low on Monday
2023-05-09 00:21
European Gas Halts Decline Amid Uncertain Outlook for Demand
European natural gas halted its decline, after trading near the lowest level since July 2021, highlighting the uncertain
2023-05-09 00:18
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON The dollar remained relatively weaker against most of its major
2023-05-08 23:24
Brazil's Itau Unibanco first-quarter net profit up 14.6%
SAO PAULO (Reuters) -Itau Unibanco Holding SA, Brazil's biggest private bank, reported on Monday first-quarter recurring net profit up 14.6%
2023-05-08 22:47
Oil Rebounds on US Jobs Data and Canadian Output Disruption
Oil futures advanced on stronger-than-expected jobs data in the US and disruption to oil production in Alberta because
2023-05-08 21:56