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Central banks have lost a degree of trust, ECB’s Makhlouf says
DUBLIN (Reuters) - Central banks around the world have lost a degree of trust and need to rebuild it by explaining their decision making to a wider audience and not just financial markets, European Ce...
Syndicated Content May 16, 2023
Cricket-Pakistan unhappy with new ICC revenue model, demands clarity
By Amlan Chakraborty (Reuters) - The Pakistan Cricket Board (PCB) is unhappy with the proposed new revenue distribution model for international cricket although it accepts that India, the game's finan...
Syndicated Content May 16, 2023
Three in four Americans worry debt-ceiling default could hurt them: Reuters/Ipsos poll
By Andy Sullivan WASHINGTON (Reuters) - Americans are worried about the prospect of the U.S. government defaulting if Congress fails to raise the debt ceiling, but are divided over the action to be ta...
Syndicated Content May 16, 2023
US Senate hearing on China to draw rare Biden cabinet trio
By Patricia Zengerle WASHINGTON (Reuters) - Three of President Joe Biden's cabinet members will testify on China policy at a U.S. Senate hearing on Tuesday, a rare joint appearance underscoring Washin...
Syndicated Content May 16, 2023
Powell’s legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic in his first years as head of the U.S. central bank, is facing a cr...
Syndicated Content May 16, 2023
Head of Ukraine’s Supreme Court detained – anti-corruption prosecutor
KYIV (Reuters) - The head of Ukraine's Supreme Court has been detained over an alleged bribery scheme, a prosecutor from the Specialised Anti-Corruption Prosecutor's Office said on Tuesday. The prosec...
Syndicated Content May 16, 2023
Kentucky Republicans to choose challenger to Democratic Governor Beshear
By Joseph Ax (Reuters) - Kentucky Republicans will select a nominee on Tuesday to challenge Democratic Governor Andy Beshear, setting up one of the most high-profile elections of the year. Republican ...
Syndicated Content May 16, 2023
Home Depot cuts annual sales forecast on slowing demand
(Reuters) - Home Depot Inc cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive growth during the pandemic, with Americans cutting back on spending on tools a...
Syndicated Content May 16, 2023
North Carolina lawmakers to vote on overriding veto of 12-week abortion ban
By Julia Harte (Reuters) - North Carolina's Republican-controlled state legislature on Tuesday is expected to vote to override Democratic Governor Roy Cooper's veto of a bill banning most abortions af...
Syndicated Content May 16, 2023
US economy ‘hangs in the balance’ as debt limit impasse drag on – Yellen
By Andrea Shalal WASHINGTON (Reuters) - The standoff over the federal debt limit is already having dire consequences for the U.S. economy, driving borrowing costs higher and adding to the country's de...
Syndicated Content May 16, 2023
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