U.S. producer prices unexpectedly fall in March
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs…
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Half of Republicans say politics drove US abortion pill court ruling – Reuters/Ipsos
WASHINGTON (Reuters) – Half of U.S. Republicans think a federal court was motivated by politics when it ordered the suspension…
Heroes or villains: Short sellers’ role in the U.S. bank crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse…
Exclusive-German banks hit by wave of complaints from savers
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Complaints from consumers about banks and other financial firms in Germany…
US IRS to unveil $80 billion 10-year spending plan this week, Yellen says
WASHINGTON (Reuters) – The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $80 billion in new funding…
Hindenburg says Block response confirms it inflated Cash App user counts
(Reuters) – U.S. short seller Hindenburg Research said on Friday Block Inc’s response to its allegations confirmed it had reported…
Block shares extend losses as Hindenburg report weighs
By Manya Saini (Reuters) – Shares of Twitter co-founder Jack Dorsey’s Block Inc fell 3% in afternoon trading on Friday,…
U.S. Fed delivers small rate hike amid global banking turmoil
By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter…
Explainer-How safe is my money in a U.S. bank and what is insured?
By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a…
Yellen promise on community bank deposits sparks relief in small-town America
By David Lawder and Douglas Gillison WASHINGTON (Reuters) -The brewing U.S. banking crisis seems far removed from the northeastern Vermont…