Category Archives:
IMF lauds ‘quick and orderly resolution’ of First Republic by US regulators
WASHINGTON (Reuters) - The International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and find a private buyer, an IMF spokesperson said on Monday. It s...
May 01, 2023
Options traders remain wary of regional banks after First Republic rescue
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) - The weekend rescue of troubled lender First Republic Bank has done little to allay options traders' concerns about the overall health of U....
May 01, 2023
FDIC sees merits of increasing backstop for business accounts
By Hannah Lang and Ann Saphir WASHINGTON (Reuters) - A key U.S. banking regulator on Monday laid out a range of options for reforming the federal deposit insurance system and concluded that significan...
May 01, 2023
Soccer-Chile’s president Boric speaks out against violence in stadiums
(Reuters) - Chile's president Gabriel Boric criticised violence in stadiums after the derby between Universidad de Chile and Universidad Catolica was suspended on Sunday due to disorder, fireworks and...
May 01, 2023
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) - Fifth Third Bancorp was one the banks that submitted final bids for First Republic Bank on Sunday before it was sold to JPMorgan Chase & Co, people...
May 01, 2023
ACLU sues Montana House Speaker for silencing transgender legislator
(Reuters) - The American Civil Liberties Union (ACLU) sued Montana and its Republican House Speaker on Monday, accusing them of violating a Democratic transgender legislator's First Amendment rights b...
May 01, 2023
White House to study employer tools that monitor workers
WASHINGTON (Reuters) - The Biden administration plans to study companies' use of technology to monitor and manage workers, which it said on Monday is becoming increasingly common and can cause "seriou...
May 01, 2023
House speaker says Biden should invite Israeli PM to White House
By Emily Rose JERUSALEM (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy said on Monday Israeli Prime Minister Benjamin Netanyahu should be invited to the White House for an official v...
May 01, 2023
ON Semi jumps after results while Nvidia hits 13 month high
(Reuters) - ON Semiconductor's shares jumped 7% on Monday after the chipmaker's quarterly guidance beat Wall Street's expectations, spurring other chip stocks with heavyweight Nvidia hitting its highe...
May 01, 2023
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) - With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff over raising the United States' $31.4 trillion debt ceili...
May 01, 2023
Peoria, IL, USA
46 °F Overcast
