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Economy

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FDIC plans to hit big banks with fees to refill deposit insurance fund – Bloomberg News

The Cheap InvestorMay 4, 2023May 4, 20230

(Reuters) -The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish…

  • Asia
  • Economy

US senators urge Biden to negotiate tax agreement with Taiwan

The Cheap InvestorMay 4, 2023May 4, 20230

By Patricia Zengerle WASHINGTON (Reuters) – Democratic and Republican U.S. senators announced legislation on Thursday authorizing President Joe Biden’s administration…

  • Business
  • Economy

Exclusive-UBS weighs options for sale of Credit Suisse’s Swiss unit – sources

The Cheap InvestorMay 4, 2023May 4, 20230

By Emma-Victoria Farr and Oliver Hirt FRANKFURT/ZURICH (Reuters) – UBS is reviewing options for Credit Suisse’s Swiss bank, including potentially…

  • Central America
  • Economy

U.S. Congress gears up for immigration overhaul as Title 42 ends

The Cheap InvestorMay 4, 2023May 4, 20230

By Richard Cowan WASHINGTON (Reuters) – A fresh push for a bipartisan immigration overhaul, coupled with enhanced border security, is…

  • Asia
  • Australia

Dollar gains, euro dips after cautious ECB

The Cheap InvestorMay 4, 2023May 4, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank…

  • Business
  • Economy

PacWest stock plunges as US regional banking woes worsen

The Cheap InvestorMay 4, 2023May 4, 20230

By Medha Singh and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged on Thursday, dragging other regional lenders down after…

  • Asia
  • Business

Oil settles narrowly mixed after smaller ECB hike; demand concerns linger

The Cheap InvestorMay 4, 2023May 4, 20230

By Laura Sanicola (Reuters) – Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to…

  • Business
  • Economy

Air France-KLM in talks with Apollo over 500 million euro cash injection

The Cheap InvestorMay 4, 2023May 4, 20230

(Reuters) – Air France-KLM said on Thursday it had entered exclusive talks with private equity firm Apollo Global Management for…

  • Business
  • Economy

U.S. SEC says focused on prosecuting misconduct that might threaten investors, markets

The Cheap InvestorMay 4, 2023May 4, 20230

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is focused on identifying and prosecuting any form of misconduct…

  • Asia
  • Business

US Treasury’s top international official heads to Europe, Asia for talks on economy

The Cheap InvestorMay 4, 2023May 4, 20230

WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official is heading to Europe and Asia this week for talks…

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