EF Hutton, bank behind Trump's SPAC deal, rules over IPO drought
By Echo Wang NEW YORK EF Hutton, the small investment bank that arranged a deal for the stock
2023-05-25 04:21
White House criticizes Republicans, says 'preventing default' is not a concession
By Andrea Shalal and Nandita Bose WASHINGTON The White House on Wednesday criticized Republicans and said averting default
2023-05-25 03:58
US action on short-sellers likely in 'next few months' -DOJ official
By Chris Prentice WASHINGTON Short-selling, the practice of seeking to profit off bets that a stock will fall,
2023-05-25 03:29
Fed's Waller: inverted yield curve may signal belief in falling inflation
Federal Reserve Governor Christopher Waller on Wednesday said that while inverted yield curves in the context of stable
2023-05-25 02:30
Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show
By Howard Schneider WASHINGTON Federal Reserve officials "generally agreed" last month that the need for further interest rate
2023-05-25 02:19
Change in tone in U.S. debt talks could prompt rating action before default -Moody's
By Davide Barbuscia NEW YORK Rating agency Moody's expects the U.S. government will continue to pay its debts
2023-05-25 02:17
Industrial suppliers face a rocky road if U.S. defaults on debt- AEM
By Aishwarya Nair A failure to break the deadlock on raising the U.S. debt ceiling before the deadline
2023-05-25 01:45
Fed's Waller sees a rate 'hike' or a 'skip' in June, but no 'stop'
Federal Reserve Governor Christopher Waller on Wednesday said he is concerned about the lack of progress on inflation, and while
2023-05-25 00:26
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:55
Yellen: greater concentration among largest banks not desirable
WASHINGTON U.S. Treasury Secretary Janet Yellen said on Wednesday that seeing a greater concentration among the largest banks
2023-05-24 22:54
PacWest shares slip as debt ceiling fears cloud asset sale optimism
(Reuters) -Shares of PacWest Bancorp fell nearly 3% on Wednesday, reversing course from premarket, as debt ceiling talks impasse overshadowed
2023-05-24 22:53
Murmurs grow within Fed about tweaking 2% target once inflation recedes
By Michael S. Derby A couple of regional Federal Reserve presidents recently have signaled an openness to examining
2023-05-24 21:57