Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed lender Silicon Valley Bank, apologized in…
May 15, 2023
Oil gains over 1%, ends losing streak on tightening supplies
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines,…
Explainer-Biden’s budget vs. Republican debt ceiling bill on spending, deficits, taxes
By David Lawder WASHINGTON (Reuters) -President Joe Biden’s administration and Republicans in the U.S. Congress are in talks to end…
US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains…
Republicans reject White House tax loophole proposal in debt talks -WaPo
WASHINGTON (Reuters) – The White House last week gave Republican lawmakers a list of proposals to reduce the deficit by…
Data of 237,000 US government employees breached
By David Shepardson WASHINGTON (Reuters) – The personal information of 237,000 current and former federal government employees has been exposed…
Biden picks cancer surgeon Monica Bertagnolli to head NIH
By Julie Steenhuysen (Reuters) – The Biden administration on Monday said it intends to nominate cancer surgeon Dr. Monica Bertagnolli…
Delta considers large Airbus wide-body order for long-haul flights – Bloomberg
(Reuters) – Delta Air Lines Inc is in talks with Airbus SE for a large wide-body aircraft order, Bloomberg News…
Bank of Mexico seen holding interest rate after nearly two years of hikes – Reuters poll
MEXICO CITY (Reuters) – The Bank of Mexico is expected to hold the country’s benchmark interest rate on Thursday, halting…
‘Big Short’ investor Burry bet on regional banks in first quarter
By David Randall NEW YORK (Reuters) – Hedge fund manager Michael Burry, who rose to fame with his bets against…