WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday on the collapse of SVB Financial Group as she and the White House expressed confidence in their abiliti[...]
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March 10, 2023
Inflation data on deck for markets hit by worries about Fed, banks
By Lewis Krauskopf NEW YORK (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout fro[...]
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Shifts in US employment may drive gains in labor productivity -Treasury
By Andrea Shalal WASHINGTON (Reuters) -Shifts in U.S. employment over the past two years toward sectors with higher wages and productivity, and higher average hours worked, may drive further gains in[...]
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United States, EU agree to start talks on critical minerals amid trade tensions
By Jeff Mason, Steve Holland and Andrea Shalal WASHINGTON (Reuters) -Amid trade frictions between the United States and the European Union, President Joe Biden and European Commission President Ursula[...]
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Wall Street ‘fear gauge’ options volume jumps to 4-year high as bank stocks sell off
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Wall Street’s most closely watched index of market anxiety jumped on Friday and options volume on the index soared to a near 4 year high as a grow[...]
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UK’s Sunak says upcoming budget to cut debt, not taxes
By Alistair Smout PARIS (Reuters) – British Prime Minister Rishi Sunak said on Friday that his government would prioritise reducing the country’s debt over cutting taxes in next week[...]
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Wall Street dives, Treasury yields tumble as bank worries spread
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply lower and Treasury yields extended their slide on Friday over fears of contagion in the financial sector and strong February emplo[...]
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Dollar weakens after U.S. jobs data suggests slower rate hike path
By Herbert Lash NEW YORK (Reuters) – The dollar weakened on Friday after U.S. labor data for February showed slower wage growth, suggesting an easing of inflation pressures may keep the Federal[...]
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Alternative to WTO trade arbitration gains steam as Japan joins
GENEVA (Reuters) -Japan has become the latest country to join an alternative mechanism for resolving disputes to the World Trade Organization, it said in a statement on Friday, in a move that observer[...]
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