
EV maker Lucid's quarterly revenue misses estimates on weak demand
Lucid Group Inc first-quarter revenue missed Wall Street estimates on Monday and its net loss widened as sales
1970-01-01 08:00

Fed says banking sector looks set to weather recent turmoil
WASHINGTON The U.S. banking sector overall appears well-positioned to weather recent industry turmoil, but the experience could still
1970-01-01 08:00

Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to
1970-01-01 08:00

Fed Says First-Quarter Loan Standards Tightened, Demand Weakened
The Federal Reserve said that banks reported tighter standards and weaker demand for loans in the first quarter,
1970-01-01 08:00

Canada Expels Chinese Envoy, Risking Retaliation in Growing Feud
Prime Minister Justin Trudeau’s government has expelled a Chinese envoy from Canada, a move that could prompt economic
1970-01-01 08:00

Russia bans jet skis, ride-hailing before WWII tributes
Russia is enacting a major security clampdown before annual commemorations marking the defeat of Nazi Germany in World War II
1970-01-01 08:00

Warren Buffett's rival for attention at Berkshire weekend: Squishmallows
By Jonathan Stempel One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed
1970-01-01 08:00

Banks tighten credit terms, see loan demand drop, Fed survey shows
U.S. banks tightened credit standards over the first months of the year and saw weakness in loan demand
1970-01-01 08:00

PacWest pares gains after dividend cut fails to stem market fears
By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional
1970-01-01 08:00

Mitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt Impasse
Senate Republican leader Mitch McConnell warned he won’t come to President Joe Biden’s rescue on the debt limit
1970-01-01 08:00

Drug-Supplier to Olympic Athletes Pleads Guilty in Doping Case
A Texas man admitted to providing performance-enhancing drugs to Olympic athletes before the 2021 games in Tokyo, becoming
1970-01-01 08:00

Brazil's Lula to nominate deputy finance minister for key central bank role
SAO PAULO Brazilian Finance Minister Fernando Haddad ended months of uncertainty on Monday as he revealed that Gabriel
1970-01-01 08:00