US banks’ reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills…
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U.S. banks warn of interest income weakness after upbeat quarter
By Niket Nishant and Jaiveer Shekhawat (Reuters) -Comerica and Huntington Bancshares on Friday sharply cut their interest income growth forecasts…
Actors decry ‘existential crisis’ over AI-generated ‘synthetic’ actors
By Dawn Chmielewski (Reuters) – Filmmakers have put monsters on screen for more than a century. In 2023, the real…
Sirius XM shares pull back after ‘wild’ gains with short squeeze in focus
By Sinéad Carew (Reuters) – Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic…
AmEx’s profit view dampens strong results from record card spending
By Manya Saini (Reuters) -American Express kept its annual profit forecast unchanged despite a record spending on its credit cards…
Russia pounds Ukraine’s grain, UN warns of hunger from price rises
By Olena Harmash KYIV (Reuters) -Russia pounded Ukrainian food export facilities for a fourth day in a row on Friday…
Mexico headline inflation seen slowing in early July to 2021 levels – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of July to its lowest level in…
Crypto rapper ‘Razzlekhan,’ husband reach plea deal over Bitfinex hack laundering
By Luc Cohen NEW YORK (Reuters) -An American couple accused of laundering billions of dollars worth of cryptocurrency stolen from…
European shares end second week higher; tech records worst week of the year
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares rose on Friday to end the week higher, while German stocks…
Ad group Interpublic cuts growth forecast as tech clients dial back spending
(Reuters) -Interpublic lowered annual growth expectations on Friday and posted a fall in quarterly revenue as clients in the technology…