Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
1970-01-01 08:00
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
1970-01-01 08:00
Music Streaming Has a $2 Billion Fraud Problem That Goes Beyond AI
Staring at his computer screen, Kristoffer Rom couldn’t believe the numbers rolling in from Spotify. A year and
1970-01-01 08:00
Fed's Bowman: more policy tightening likely appropriate
The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor
1970-01-01 08:00
Fed's Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an
1970-01-01 08:00
Earnings Surge for Main Thai Airlines as Tourists Flock Back
Thai Airways International Pcl and Bangkok Airways Pcl reported a surge in first-quarter earnings as tourists flocked back
1970-01-01 08:00
Canadian insurer Sun Life reports higher first-quarter profit
Canada's Sun Life Financial Inc reported a rise in first-quarter profit on Thursday as strong insurance sales in
1970-01-01 08:00
Climate change not 'serious risk' to financial stability, Fed's Waller says
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such "significantly unique or material" financial stability risks that the
1970-01-01 08:00
Big banks could face billions more in FDIC fees after bank collapses
The Federal Deposit Insurance Corporation's board of directors approved a proposal to raise the fees banks pay to have depositors' money insured.
1970-01-01 08:00
Fed's Kashkari says tight monetary policy may be needed for 'extended' time
By Ann Saphir An extended period of high interest rates and an inverted yield curve could put more
1970-01-01 08:00
Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
1970-01-01 08:00
White House wants to ban use of salary history in setting pay for new federal hires
Whether one's paycheck can keep pace with inflation is always a concern. But for women, the question is also can their pay keep pace with their male peers?
1970-01-01 08:00