JPMorgan’s Dimon says debt ceiling standoff could cause panic – report
NEW YORK (Reuters) – JPMorgan Chase & Co’s CEO Jamie Dimon said the congressional standoff over the U.S. debt ceiling,…
Economy
Stocks rise as U.S. inflation trends lower, bond yields slide
By Herbert Lash NEW YORK (Reuters) – A gauge of global stock markets rose and bond yields slid on Wednesday…
US House committee to consider bill on pressuring OPEC oil group
WASHINGTON (Reuters) – The House Judiciary Committee was set to consider a bill on Wednesday to pressure the OPEC oil…
EU antitrust regulators seeking more info on Apple Pay
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are seeking more information on Apple’s mobile payment system, the…
Dollar in holding pattern, inflation data provides little clarity on rates
By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data…
EU’s Vestager says ‘all options on the table’ after Lufthansa/SAS rulings
BRUSSELS (Reuters) – The European Union’s top competition official on Wednesday said “all options” were on the table but did…
Analysis: Inflation may not be cooling fast enough to justify stock valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some investors are growing concerned that the U.S. economy may not be cooling…
Biden’s approval rating at 40%, Americans concerned about immigration – Reuters/Ipsos
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval was at 40% in recent days, close to…
US conducts raids at two properties of China’s Jinko Solar
By Nichola Groom (Reuters) -The U.S. Department of Homeland Security this week raided a factory and sales office operated by…
Hedge funds cut exposure to bank stocks in April, data shows
By Nell Mackenzie LONDON (Reuters) -Hedge funds cut their exposure to financial stocks in April after buying discounted equities in…