Fed Says U.S. Banks Can Weather Severe Downturn Comfortably
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) -The largest U.S. banks on Thursday easily cleared the Federal Reserve’s annual…
June 2022
Oil Prices Rise On Tight Supply, Inventory Uncertainty
By Laura Sanicola (Reuters) – Oil prices rose slightly in early Asian trade on Friday as nations seek to address…
European Banks Ace U.S. Fed’s Stress Test, Show Strong Capital Levels
By Michelle Price and Sinead Cruise WASHINGTON/LONDON (Reuters) – The U.S. units of major European lenders including Deutsche Bank, Barclays…
Bargain Cruises May Hurt Carnival Margins
By Doyinsola Oladipo NEW YORK (Reuters) – Carnival Corp is expected to report a smaller quarterly loss and a spike…
Canada’s Senate Passes Budget, Greenlighting Measures On Housing, Russian Assets
OTTAWA (Reuters) – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a long list of measures including…
Euro Sinks After Bleak Manufacturing, Services Data; U.S. Dollar Rises
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro slid across the board on Thursday as weaker-than-expected German and French…
Fed’s Inflation Fight Is ‘unconditional,’ Powell Says
By Lindsay Dunsmuir and Ann Saphir (Reuters) – The Federal Reserve’s commitment to reining in 40-year-high inflation is “unconditional,” U.S….
Exclusive-Argentina’s Bioceres To Seek Australia Approval To Plant Its GMO Wheat Next Year, CEO Says
By Jorgelina do Rosario LONDON (Reuters) – Argentina’s Bioceres Crop Solutions plans to carry out field tests of its genetically…
Powell: Fed must convince public it can tame inflation
WASHINGTON (AP) — As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and…
Can Homebuilders Stabilize?
The housing market has enjoyed an incredible run. Low inventory levels and a mass migration from urban cities to the…