US Lawmakers Blast Former Silicon Valley Bank CEO For Greed, Mismanagement
NEW YORK (Reuters) – U.S. lawmakers lambasted former banking executives from the collapsed Silicon Valley and Signature banks at the…
May 2023
FTC Commissioners yet to meet on Amgen-Horizon deal – CNBC
(Reuters) – Commissioners at the U.S. Federal Trade Commission (FTC) have not yet met to discuss Amgen’s acquisition of Horizon…
U.S. business inventories fall in March
WASHINGTON (Reuters) – U.S. business inventories unexpectedly fell in March, pulled down by a decline in stocks at manufacturers. Business…
Property insurer SageSure turns ‘unicorn’ after $250 million funding round – source
By Jaiveer Shekhawat (Reuters) – SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest…
U.S. forms team to set strategy on flying air taxis
By David Shepardson WASHINGTON (Reuters) -The Biden administration said Tuesday it has formed an interagency team to develop a national…
US manufacturing production surges in April on motor vehicles
WASHINGTON (Reuters) – Production at U.S. factories surged in April, driven by an increase in output at motor vehicle plants,…
US homebuilder sentiment rises to 10-month high in May
WASHINGTON (Reuters) – U.S. homebuilder sentiment rose to a 10-month high in May as tight housing supply boosted demand for…
Fed’s Mester says not yet at point where it can ‘hold’ rates
By Padraic Halpin DUBLIN (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that she does not…
Canada’s inflation unexpectedly rises in April, upping rate-hike pressure
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate rose in April for the first time in…
Israel economy grows 2.5% in Q1, likely clinches another rate hike
By Steven Scheer and Maayan Lubell JERUSALEM (Reuters) – Israel’s economy slowed less than expected in the first quarter of…