Wall St dips to lower close as rate hike bets firm, banks jump
By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data…
Business
IMF’s Georgieva sees ‘tangible progress’ on debt issues, urges seeking help earlier
By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said on Friday that debtors and creditors made “tangible…
Federal Reserve green lights UBS-Credit Suisse deal in US
By Hannah Lang, Chris Prentice and Ann Saphir (Reuters) – The Federal Reserve’s Board of Governors on Friday said it…
As earnings season begins, S&P 500 forecast looks less weak
By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase…
Elon Musk plans AI startup to rival OpenAI – FT
(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times…
Citigroup bets on ex-BofA exec Andy Sieg’s connections to revamp wealth unit
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc’s hiring of Andy Sieg, the incoming head of…
IMF steering committee aims for ‘considerable progress’ on shareholding reforms
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate…
US bank deposits rose, loans ticked down in latest week -Fed data
(Reuters) -Deposits at U.S. commercial banks rose in early April in a renewed sign of confidence in the banking sector…
Argentina seeks to issue up to $1.2 billion in bonds, ministry source says
By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600…
Boeing shares tumble as some MAX deliveries halted, airlines fret over impact
By Aishwarya Nair (Reuters) – Boeing Co shares closed down 5.6% on Friday after the planemaker halted deliveries of some…