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
PacWest shares slip as debt ceiling fears cloud asset sale optimism
(Reuters) -Shares of PacWest Bancorp fell nearly 3% on Wednesday, reversing course from premarket, as debt ceiling talks impasse overshadowed
2023-05-24 22:49
TSX opens lower as bank earnings, US debt deal uncertainty weigh
Canada's main stock index extended losses on Wednesday after two top lenders reported disappointing quarterly earnings, while U.S.
2023-05-24 21:55
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
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO Canada's main stock index will rally less than previously expected in 2023 as higher
2023-05-24 19:25
Japan's Nikkei seen sliding to 30,000 by year-end - Reuters poll
By Kevin Buckland TOKYO Japan's Nikkei 225 share average will drop 4% from 33-year highs, returning to the
2023-05-24 08:27
Meta sells Giphy to Shutterstock to comply with UK regulator order
(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million
2023-05-24 06:25
U.S. mid-cap retailers slip after latest batch of results
By Caroline Valetkevitch NEW YORK (Reuters) -Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of
2023-05-24 04:25
Meta sells Giphy at a significant loss after UK breakup order
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.
2023-05-23 23:27
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
By Niket Nishant (Reuters) -PacWest Bancorp's shares rose nearly 18%, extending gains from the previous session after the lender's plan
2023-05-23 22:22
Brazil stocks to keep drifting higher on mixed company results: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY Brazilian stocks are expected to keep drifting higher this
2023-05-23 20:50
Jamie Dimon warns of a commercial real estate downturn
Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimon.
2023-05-23 19:57