US bank lending touches record as deposits fall, Fed data shows
(Reuters) -Deposits at U.S. commercial banks fell toward the end of April to the lowest in nearly two years, data…
US
Stocks rally while Treasuries fall as US jobs data brightens outlook
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) – A global gauge of stocks rallied and U.S. Treasuries and…
Walmart names insider Latriece Watkins as US merchandising chief
(Reuters) – Walmart Inc appointed Latriece Watkins as its U.S. chief merchandising officer, according to a memo seen by Reuters…
DeSantis signs bill allowing Florida board to cancel Disney deals
By Joseph Ax and Dawn Chmielewski (Reuters) -Florida Governor Ron DeSantis on Friday signed a bill into law that gives…
U.S. regional banks rally, capping whipsaw week
By Manya Saini and Chibuike Oguh (Reuters) – Shares in PacWest Bancorp jumped nearly 82% amid a broader rebound in…
Retailer Christmas Tree Shops files for Chapter 11 bankruptcy
(Reuters) – Christmas Tree Shops, a home-decor retailer that was spun off from Bed Bath & Beyond in 2020, filed…
SEC probing First Republic Bank executives for insider trading – Bloomberg News
(Reuters) -The U.S. Securities and Exchange Commission is investigating the conduct of First Republic Bank executives before the government seizure…
Walmart keeps grocery prices steady amid inflation, antitrust claims
By Siddharth Cavale NEW YORK (Reuters) – A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery…
U.S. moving ahead with $500 million in arms aid for Taiwan, source says
By Mike Stone WASHINGTON (Reuters) – U.S. President Joe Biden’s administration plans to send $500 million worth of weapons aid…
King Charles and royals greet well-wishers ahead of coronation
By Michael Holden LONDON (Reuters) -King Charles greeted excited crowds gathering for his coronation before hosting a reception for world…