Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
1970-01-01 08:00
Argentina Introduces 2,000 Peso Banknote. It’s Worth $4
Argentina introduced its largest-denomination banknote on Monday as inflation running at more than 100% a year forces the
1970-01-01 08:00
Eskom Latest: Power Cuts Ramped Up; Netcare Fuel Costs Surge
South Africa’s state-owned power utility will ramp up rolling power outages, after a breakdown of a generation unit
1970-01-01 08:00
NYC’s Transit Agency Planning to Raise Subway Fares, Tolls
The Metropolitan Transportation Authority is planning to boost its fares and tolls in late August as the largest
1970-01-01 08:00
Mexico’s Foreign Investment Surges 48% as Nearshoring Booms
Mexico’s foreign direct investment rose 48% in the first quarter from regular flows recorded during the same time
1970-01-01 08:00
ECB Not Done Raising Rates, Should Keep Them High, De Cos Says
The European Central Bank still has some way to go to raise borrowing costs, which should remain high
1970-01-01 08:00
BlackRock moves from 'overweight' to 'neutral' on credit
BlackRock Investment Institute on Monday said it was moving from "overweight" to "neutral" on credit, saying yields are
1970-01-01 08:00
Danish Housing Is Stable After ‘Quite a Fall,’ Governor Says
Denmark may have seen the worst of its housing-market slump and any economic impact should prove less painful
1970-01-01 08:00
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Federal Reserve Bank of St. Louis President James Bullard backed two more 2023 interest-rate increases and his Minneapolis
1970-01-01 08:00
White House Negotiators at Capitol for Debt-Limit Talks
The White House negotiating team arrived at the US Capitol early Monday as talks on raising the debt
1970-01-01 08:00
Five Key Charts to Watch in Global Commodities This Week
A closely watched metals ratio is signaling investors are getting increasingly skittish about the prospects of recession, while
1970-01-01 08:00
Mizuho to Buy Investment Bank Greenhill in $550 Million Deal
Mizuho Financial Group Inc. is forging further into US investment banking through a deal to buy Greenhill &
1970-01-01 08:00