FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
2023-06-22 21:22
First on CNN: Senators press Google, Meta and Twitter on whether their layoffs could imperil 2024 election
Three US senators are pressing Facebook-parent Meta, Google-parent Alphabet and Twitter about whether their layoffs may have hindered the companies' ability to fight the spread of misinformation ahead of the 2024 elections.
2023-06-22 20:57
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:56
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
2023-06-22 20:19
EU Seeks Further US Remedies Over Green Stimulus Spat
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s
2023-06-22 20:18
Alito in the hot seat over trips to Alaska and Rome he accepted from groups and individuals who lobby the Supreme Court
Concerns about ethics and transparency at the Supreme Court have been reignited this week after Justice Samuel Alito acknowledged attending a luxury fishing trip on the private jet of a conservative hedge fund manager.
2023-06-22 20:18
Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short
A search vessel reached the sea floor near the wreck of the Titanic and began looking for a
2023-06-22 20:15
Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
The first half of 2023 has been a strange and volatile one for markets. Investors have had to contend with the possibility of recession and war in Europe, interest rate hikes (and pauses), sticky inflation and a softening US economy.
2023-06-22 19:58
Texas Senate votes to bar Sen. Angela Paxton from voting in husband's impeachment trial
State Sen. Angela Paxton, the wife of embattled Texas Attorney General Ken Paxton, will no longer be allowed to vote in her husband's upcoming impeachment proceedings as a result of new rules the state Senate approved Wednesday night.
2023-06-22 19:52
French send deep diving robot to help Titanic sub search
By Louise Dalmasso PARIS (Reuters) -A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its
2023-06-22 18:54
World's hardest dish? Stir-fried stones are China's latest street food fad
Dubbed "the world's hardest dish" -- literally -- a traditional stir-fry featuring stones as its key ingredient has sparked culinary curiosity on Chinese social media.
2023-06-22 18:27
Futures inch lower after Powell hints at more rate hikes
U.S. stock index futures edged lower on Thursday, a day after Federal Reserve Chair Jerome Powell stuck to
2023-06-22 18:25