Yellen Warns Of U.S. Default Risk By Early June, Urges Debt Limit Hike
By Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States will…
January 2023
U.S. Lawmakers Call FAA Outage ‘unacceptable,’ Demand A Fix
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its…
U.S. Lawmakers Call FAA Outage ‘unacceptable,’ Demand Fix Plan
WASHINGTON (Reuters) – A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its computer outage…
Tough Road Ahead For U.S. Fintech Lenders As Default Risk Rises
By Matt Tracy (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year…
China Acquires ‘golden Shares’ In Two Alibaba Units
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group…
Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…
Wall Street Banks Stockpile Funds For Possible Recession, Outlook Uncertain
NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for a possible recession and reported weak…
JPMorgan beats profit estimates, sees mild recession
By Niket Nishant and Saeed Azhar (Reuters) -JPMorgan Chase & Co, the biggest lender in the United States, said on…
Big U.S. Banks Show Brave Face On Jobs As Goldman Sachs Cuts Staff
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co and Bank of America Corp continued…
Citigroup misses profit estimates on provision hike, dealmaking slowdown
By Mehnaz Yasmin and Carolina Mandl (Reuters) – Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing…