By Davide Barbuscia NEW YORK (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year. The U.S. government’s deadline to rais[...]
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April 20, 2023
Oil falls 2% on recession fears, swelling US fuel stocks
By Laila Kearney NEW YORK (Reuters) -Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and aft[...]
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Brazil plans ‘digital tax’ on shipments from e-commerce giants -minister
SAO PAULO/BRASILIA (Reuters) -Brazil’s finance minister said on Thursday the country would implement a “digital tax” on shipments from e-commerce giants, after backtracking earlier t[...]
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Fed’s Mester sees policy rate over 5% and ‘soft landing’ on horizon
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Loretta Mester said on Thursday the U.S. central bank still has more interest rate increases ahead of it, while noting the a[...]
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Argentine peso hits record low in black market as economy creaks
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a record low against the U.S. dollar as concerns grew about t[...]
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US labor market cooling; leading indicator flashes recession
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting the labor market was gradually slowing as[...]
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Blackstone is in talks to help regional banks with lending
NEW YORK (Reuters) -Blackstone Inc, the biggest manager of private equity and real estate assets, said on Thursday it was discussing partnerships with U.S. regional banks to help them with constraints[...]
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Yellen raps China for serving as ‘roadblock’ in debt restructuring process
By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief for countries facing problems, but it has ser[...]
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Factbox-What’s in Republican McCarthy’s debt-limit spending cut package?
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill this week that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the federal[...]
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