FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
1970-01-01 08:00
Lawmakers Seek to Ban Buy-Now, Pay-Later Loans for Semiautomatic Weapons
Nineteen Democratic lawmakers proposed a ban on buy-now, pay-later loans to finance semiautomatic weapons that would include levying
1970-01-01 08:00
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
1970-01-01 08:00
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
1970-01-01 08:00
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
1970-01-01 08:00
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
1970-01-01 08:00
EU Seeks Further US Remedies Over Green Stimulus Spat
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s
1970-01-01 08:00
Paris Gas Explosion Wounds Around 50, Destroys Building Facade
A gas explosion on Paris’s left bank late Wednesday afternoon left around 50 people wounded and destroyed the
1970-01-01 08:00
Volkswagen’s EV Battery Effort Keeps Its Executives Up at Night
Volkswagen AG is trying to build up a leading battery maker to supply its ever-expanding fleet of electric
1970-01-01 08:00
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
1970-01-01 08:00
Europe’s Inflation Retreat to Be Hindered by Cheap German Travel
Germany’s rollout of ultra-cheap public transport last summer is set to reverberate through its upcoming inflation readings, causing
1970-01-01 08:00
Bolsonaro’s Political Future Is at Risk in Brazil Election Trial
Jair Bolsonaro’s political future is on the line as a trial begins over charges he abused the power
1970-01-01 08:00