Intel Shares Suffer Worst Month in DecadesEuropean Stocks Slip as Hot US Wage Inflation Fuels Hawkish BetsNorfolk Shareholders Should Vote a Split Ticket in Activist Fight, Proxy Firm AdvisesWarner Bros. Shares Fall 10% on Report That Comcast Seeks NBA TV DealCalifornia Population Grows for First Time Since Pandemic BeganBitcoin Faces Worst Month Since FTX Crash With ETF Demand CoolingFertilizer Producer Mosaic Jumps on $1.
2 Billion to Tap Property BoomTech Consultancy Perficient to Weigh Potential SaleUAE Snubs London’s Lord Mayor as Dispute Over Sudan Role DeepensWall Street’s ‘Macro Agnostic’ Tech Trade Shatters ETF RecordsTop Cocoa Producer Ivory Coast Suspects Fraud in Fairtrade BeansCocoa Slumps 26% in Two Days, Paring Back Historic RallyAnglo American Takeover Price Needs to Surpass £30/Share, Survey ShowsAustralia Cracks Down on Foreign Investment in Critical MineralsIowa Farm Coop Landus Launches...
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ECB Shouldn’t Cut in Both June and July, Holzmann Tells PlatowThe European Central Bank should refrain from back-to-back interest rate cuts in June and July, Governing Council member Robert Holzmann told Platow Brief in an interview.
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Citi sees chance of Fed rate cut in June or July: EconomistThe Federal Reserve's case on whether or not to cut interest rates in 2024 is still not settled, leading many Wall Street analysts to adjust their forecasts ...
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European Central Bank leaves rates unchanged as world's central banks wrestle with when to cutFRANKFURT, Germany (AP) — The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation is firmly under control before cutting rates to support an economy that’s s
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Bank of Canada Keeps Door Open to Interest Rate Cut in JuneThe Bank of Canada is considering a possible interest rate cut in June, but will not rush into it if inflation rises. The central bank has seen the necessary economic conditions for lower interest rates, but wants more certainty before making a decision.
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US Banks Recover Deposits Lost After Silicon Valley Bank CollapseUS banks have regained all deposits lost following the collapse of Silicon Valley Bank, but they still face challenges. The total amount of deposits held by US banks has reached $17.56 trillion, surpassing pre-SVB levels for the first time since the seizure of the California regional lender in 2023. Despite the recovery, banks still need to recover deposits lost in 2022 due to interest rate cuts by the Federal Reserve.
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