Credit Suisse appoints investment banking management committee -memo
By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to…
Economy
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday…
Three charged with insider trading ahead of proposed Trump Media merger
By Jonathan Stempel and Helen Coster NEW YORK (Reuters) -U.S. prosecutors on Thursday charged three Florida men with making more…
Fed’s Powell signals fresh US rate hikes ahead
By Jesús Aguado, David Latona and Padraic Halpin (Reuters) -U.S. central bankers are likely to resume their rate hike campaign…
Bank of England’s Tenreyro warns against rate rises, says cuts may be needed
By David Milliken LONDON (Reuters) -The Bank of England has no need to raise interest rates further to curb inflation,…
Oil settles higher, trade choppy as tight supply vie with rate hike fear
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled higher on Thursday after flip flopping during the session, supported by a…
Factbox-Financial firms line up spot bitcoin exchange-traded fund applications
(Reuters) – Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by…
Fed’s Bostic reiterates view Fed done with rate rises
By Michael S. Derby (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic reiterated on Thursday his belief that…
US House Republicans seek testimony from Hunter Biden investigators
By David Morgan WASHINGTON (Reuters) – U.S. House Republicans sought testimony on Thursday from more than a dozen officials from…
Fed says 57 firms set to use ‘FedNow’ instant payments after late July launch
WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday that 57 firms have been certified to utilize its “FedNow”…