Options traders remain wary of regional banks after First Republic rescue
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The weekend rescue of troubled lender First Republic Bank…
Economy
IMF lauds ‘quick and orderly resolution’ of First Republic by US regulators
WASHINGTON (Reuters) – The International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and…
White House to study employer tools that monitor workers
WASHINGTON (Reuters) – The Biden administration plans to study companies’ use of technology to monitor and manage workers, which it…
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) – Fifth Third Bancorp was one the banks that submitted final…
US manufacturing contracts again in April, but pace slows
By Lucia Mutikani WASHINGTON(Reuters) – U.S. manufacturing pulled off a three-year low in April as new orders improved slightly and…
ON Semi jumps after results while Nvidia hits 13 month high
(Reuters) – ON Semiconductor’s shares jumped 7% on Monday after the chipmaker’s quarterly guidance beat Wall Street’s expectations, spurring other…
Italy approves May Day labour package amid union criticism
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italy’s right-wing government on Monday approved measures to boost job creation and…
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff…
Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First…
Russia’s war on Ukraine latest: Huge blaze injures 34 in latest wave of Russian strikes
(Reuters) – Russia unleashed a fresh volley of missiles on Ukraine overnight, causing huge blazes in an eastern city, damaging…