Fed’s Bowman sees potential for interbank digital dollar
(Reuters) – A so-called “wholesale” central bank digital currency could hold promise for the future settlement of certain financial market…
Business
US housing market stabilizing as single-family homebuilding, permits surge
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding increased for a second straight month in March, while permits for…
FTX revival effort draws possible bid from VC firm Tribe Capital – Bloomberg News
(Reuters) -Bankrupt crypto exchange FTX’s potential revival has drawn interest from venture firm Tribe Capital, Bloomberg News reported on Tuesday…
Goldman Sachs considers sale of fintech unit GreenSky, pulling back from retail business
By Niket Nishant and Tatiana Bautzer (Reuters) -Goldman Sachs Group Inc is exploring the sale of its Greensky fintech business,…
JPMorgan CEO Jamie Dimon to face questioning in Jeffrey Epstein cases
By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Tuesday ordered JPMorgan Chase & Co CEO Jamie Dimon…
EU takes on United States, Asia with chip subsidy plan
By Foo Yun Chee BRUSSELS (Reuters) -The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for…
Google wins appeal of $20 million US patent verdict over Chrome technology
By Blake Brittain (Reuters) – Alphabet’s Google LLC on Tuesday convinced a U.S. appeals court to cancel three anti-malware patents…
ECB’s Lane backs May rate hike with size depending on data
FRANKFURT (Reuters) -The European Central Bank’s (ECB) chief economist on Tuesday backed a further interest rate increase at the ECB’s…
J&J issues cautious 2023 forecast, shares fall
By Bhanvi Satija and Manas Mishra (Reuters) – Johnson & Johnson on Tuesday cautioned investors over the lingering impact of…
EU plans to prevent taxpayer cash being used to save failing banks
By Huw Jones (Reuters) -The European Union on Tuesday proposed making it harder for states to pour billions of euros…