McCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks Down
Debt-limit negotiations hit an impasse Friday as House Speaker Kevin McCarthy blamed the White House for resisting spending
2023-05-20 05:46
Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers
2023-05-20 05:25
US Bank Deposits Fall for a Third Week While Lending Stays Little Changed
US bank deposits fell for a third week to the lowest level in nearly two years, extending a
2023-05-20 04:58
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
2023-05-20 01:27
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month
2023-05-20 00:28
Ramaphosa Abandoned by Key Support Base Over South Africa Policy Missteps
South African President Cyril Ramaphosa has lost the confidence of a key constituency. Five years after ushering in
2023-05-19 22:45
Lagarde Sees Key Juncture as ECB Needs Sustainably High Rate
The European Central Bank is at a key juncture because it needs to keep persevering with its monetary
2023-05-19 20:49
Hot Credit Suisse CDS Trade Risks Being Wrecked by Hedge Funds
Hedge funds looking to trigger payouts on derivatives tied to Credit Suisse Group AG are clashing with investors
2023-05-19 17:17
BofA Strategist Says Sell US Stocks as AI Seen Forming a Bubble
Bank of America Corp. strategist Michael Hartnett reiterated his call to sell US stocks, saying tech and artificial
2023-05-19 15:53
ECB Steps Up Scrutiny of Bank Liquidity, May Raise Requirements
The European Central Bank is stepping up scrutiny of lenders’ liquidity reserves and may communicate stricter requirements to
2023-05-19 14:57
This Week in China: Nothing Is Good Enough for Impatient Market
Investors in Chinese assets are showing zero tolerance for negative news and setting a high bar for the
2023-05-19 14:20
China Faces ‘Confidence Trap’ as Economic Recovery Falters
China’s economy is at risk of being caught in a confidence trap as the post-Covid recovery loses steam,
2023-05-19 10:21