U.S. banks highlight office real estate as next big worry
By Matt Tracy and Saeed Azhar (Reuters) – Some of the largest U.S. banks singled out office commercial real estate…
2023
Weak retail sales, manufacturing output data point to slowing US economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell more than expected in March as consumers cut back on…
Walmart US merchandising chief Redfield to step down
(Reuters) – Walmart Inc U.S. chief merchandising officer Charles Redfield is stepping down after just over a year in the role,…
US charges El Chapo sons, Chinese businessmen with fentanyl trafficking
By Katharine Jackson and Luc Cohen (Reuters) – The United States has charged leaders of the Mexico-based Sinaloa Cartel with…
Fed’s Bowman says bank failures not indictment of broader regulatory regime
(Reuters) – Federal Reserve Governor Michelle Bowman said on Friday that the recent failures of Silicon Valley Bank and Signature…
Wells Fargo Profit Exceeds Estimates As Rising Rates Bolster Income
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo & Co’s profit surpassed expectations for the first…
Wells Fargo profit exceeds estimates as rising rates bolster income
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo & Co’s profit surpassed expectations for the first…
JPMorgan sees Turkey lira diving towards 30 per dollar after elections
By Marc Jones LONDON (Reuters) – Turkey’s lira is likely to drop sharply and could near 30 to the dollar…
Dollar, Yields Gain As Expectations Of Fed Rate Hike Increase
By Herbert Lash NEW YORK (Reuters) -Treasury yields rose and the dollar index bounced off a one-year low on Friday,…
Russia raises 2023 GDP growth forecast, longer-term outlook worsens
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia’s economy ministry revised higher on Friday its 2023 gross domestic product…