Aurubis CEO says has stopped buying copper from Russia
SANTIAGO (Reuters) – Aurubis AG, Europe’s largest copper smelter and producer, no longer buys the red metal from Russia after…
Economy
US House Speaker McCarthy pitches budget cuts for debt limit vote
By Richard Cowan and Katharine Jackson WASHINGTON (Reuters) -U.S. House of Representatives Speaker Kevin McCarthy on Monday outlined spending cuts…
BlackRock to kick off sales of securities of failed banks – Bloomberg News
(Reuters) -Asset manager BlackRock Inc is launching a months-long process on Tuesday to help the Federal Deposit Insurance Corp offload…
Stocks weaker as U.S. yields, dollar rise
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was slightly higher on Monday as investors digested…
Consumer stocks’ earnings may offer clues on U.S. economy’s resilience
(This April 14 story has been corrected to delete the word ‘growth’ from the last line in paragraph 7) By…
US financial institutions hit by deposit flight as clients seek higher returns
(Reuters) -Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a…
Exchanges and asset managers square off over EU market rules
By Huw Jones LONDON (Reuters) – Stock exchanges and asset managers have squared off ahead of European Union negotiations this…
Tighter lending seen bringing mild recession later this year-Vanguard
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy…
Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation…
Dollar gains after strong New York factory survey
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory…