J.P. Morgan seeks documents from Manhattan DA in Epstein case
NEW YORK (Reuters) -JPMorgan Chase & Co is seeking documents from Manhattan District Attorney Alvin Bragg as part of a…
Business
Wall Street opens higher on hopes of debt ceiling deal
(Reuters) – Wall Street’s main indexes opened higher on Friday on optimism that a deal to avoid a catastrophic U.S….
Fed’s Williams declines to connect monetary policy outlook to neutral rate view
NEW YORK (Reuters) – New York Fed president John Williams declined on Friday to connect the current monetary policy outlook…
US equity funds experience eighth straight week of outflows
(Reuters) – U.S. equity funds saw an eighth straight week of net outflows in the seven days to May 17…
Fed’s Bowman backs ‘targeted’ bank rules reform but not ‘radical’ change
Federal Reserve Governor Michelle Bowman on Friday repeated her call for the U.S. central bank to hire an outside party…
ECB eyes additional steps to tackle bank deposit risks
MILAN (Reuters) -The European Central Bank is considering whether requirements tailored for individual lenders could help address the risks arising…
Canada March retail sales down 1.4% on autos, seen up 0.2% in April
May 19 (Reuters) – Canadian retail sales fell by 1.4% in March from February at C$65.29 billion ($48.83 billion), on…
Global equity funds post outflows for fifth week in a row
(Reuters) – Global equity funds suffered outflows for a fifth straight week in the week to May 17, undermined by…
Japan’s Hitachi Astemo flags lapses in quality tests over decades
TOKYO (Reuters) – Japanese automotive supplier Hitachi Astemo said on Friday it found misconduct over testing and other procedures for…
Explainer-What are Russia’s options for managing its widening budget deficit?
By Darya Korsunskaya and Alexander Marrow (Reuters) – As Russia’s military spending soars and sanctions squeeze its energy revenues, Moscow…