Fed Signals Readiness to Act in Case of Debt-Limit Instability
Federal Reserve policymakers suggested that they viewed with concern the partisan standoff over the debt limit, with “a
2023-05-25 03:50
Argentina to Restrict FX Access for Oil Companies’ Imports
Argentina’s government will tighten access to the foreign exchange market for oil companies that need to import amid
2023-05-25 02:23
Citi Drops $7 Billion Banamex Sale That Drew AMLO Scrutiny
Citigroup Inc. plans to sell shares of its Banamex unit in an initial public offering, ending talks for
2023-05-25 00:53
Don't expect markets to rejoice if a deal is reached on the debt ceiling
Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can't always get what they want.
2023-05-25 00:17
Mexico Inflation Slows Past Forecasts as Banxico Halts Hikes
Mexico’s inflation decelerated more than expected in early May, according to a report published less than a week
2023-05-24 22:22
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:57
Qatar Says Investments in Egypt Are Coming, But No More Deposits
Qatar said it’s committed to following through on the billions of dollars in investments pledged to cash-strapped Egypt,
2023-05-24 21:55
Debt-Limit Talks Stall as Time Runs Short to Avert US Default
Debt limit talks in Washington have hit a fresh impasse with negotiators far apart on key issues, especially
2023-05-24 21:22
Lula Lashes Out and Sends Warning to Central Bankers Everywhere
There are few, if any, leaders in the world who are publicly lashing out at central bankers more
2023-05-24 20:25
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:16
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:56
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:54