ECB’s Centeno says interest rates near peak, could ease in 2024
By Sergio Goncalves LISBON (Reuters) -The European Central Bank’s key interest rate is approaching its peak but further adjustments are…
Business
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI (Reuters) -The political crisis engulfing Pakistan is eroding hopes that…
Oil drops 2% after US data points to continuing rate hikes
By Shariq Khan BENGALURU (Reuters) -Oil prices fell about 2% in a volatile trade on Wednesday, on track to end…
SEC, Covington dig in their heels as judge weighs US demand for client names
By Andrew Goudsward (Reuters) – A federal judge on Wednesday urged the U.S. Securities and Exchange Commission to resolve its…
Dominion CEO describes deliberation around $787.5 million settlement with Fox
By Helen Coster (Reuters) – When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April,…
First Citizens BancShares records $9.8 billion gain from Silicon Valley Bank purchase
(Reuters) – First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its…
Lucid losses put Saudi Arabia’s EV strategy in the headlamps
By Yousef Saba and Rachna Uppal DUBAI (Reuters) – Lucid’s electric vehicles are often displayed prominently at public events and…
Mothers may know best when it comes to money
By Chris Taylor NEW YORK (Reuters) – Whether they actively teach us about finances, or we just observe how they…
Ex-Tesla worker seeks third trial in race bias case after $3.2 million award
By Daniel Wiessner (Reuters) – A Black former Tesla Inc factory worker has accused the electric automaker’s lawyers of “egregious…
US debt ceiling impasse pushes government credit default swaps to record high
By Davide Barbuscia NEW YORK (Reuters) -The cost of insuring exposure to U.S. government debt rose to fresh highs on…