US financial institutions hit by deposit flight as clients seek higher returns
(Reuters) -Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a…
Business
Exchanges and asset managers square off over EU market rules
By Huw Jones LONDON (Reuters) – Stock exchanges and asset managers have squared off ahead of European Union negotiations this…
US sets $259 million F-16 equipment sale to Turkey
By Humeyra Pamuk and Patricia Zengerle (Reuters) – U.S. President Joe Biden’s administration notified Congress on Monday of the planned…
Tighter lending seen bringing mild recession later this year-Vanguard
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy…
Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation…
Dollar gains after strong New York factory survey
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory…
US Supreme Court weighs Slack direct listing class action
By Andrew Chung WASHINGTON (Reuters) – U.S. Supreme Court justices on Monday weighed a bid by Salesforce Inc’s Slack Technologies…
Merck to build out immunology presence with $11 billion Prometheus deal
By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion,…
Analysis-Boeing’s latest production problem compounds operational headache for US carriers
By Rajesh Kumar Singh and Valerie Insinna CHICAGO/WASHINGTON (Reuters) – A manufacturing problem with Boeing Co’s 737 MAX jets that…
SEC chair to defend rulemaking, enforcement record before Congress
By Chris Prentice and John McCrank NEW YORK (Reuters) – The head of the U.S. Securities and Exchange Commission (SEC)…