economy

U.S. banks expect a clean bill of health after Fed’s stress tests

Large U.S. banks are optimistic they will receive a clean bill of health from the Federal Reserve this week, freeing…

3 years ago

Analysis: Investors brace for recession, more market turmoil after Fed’s supersized hike

Investors' faith in a soft landing for the U.S. economy is being heavily tested, as a jumbo-sized interest rate hike…

3 years ago

Analysis: Market meltdown lays bare Europe’s divisions

A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago, highlighting divisions…

3 years ago

Investment platforms face hangover after pandemic party

The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on…

3 years ago

Texas power use to hit record high on economic growth, hot weather

Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of…

3 years ago

Asian wealth managers seen wary of digital assets despite soaring demand

Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack…

3 years ago

Explainer: U.S. Treasury pushes Russia towards default: What next?

The lapse of a key U.S. license allowing Russia to make payments on its sovereign debt to U.S. holders has…

3 years ago

Russia widens Europe gas cuts as Gazprom halts Dutch trader’s supply

Russia widened its gas cuts to Europe on Tuesday with Gazprom (GAZP.MM) turning off supply to top Dutch trader GasTerra escalating the…

4 years ago

S&P, Dow futures edge higher ahead of GDP data; Nvidia slides

Futures tracking the Dow and S&P 500 rose on Thursday, ahead of data that will likely offer clues on how…

4 years ago

Airbnb to shut domestic business in China from July 30

Vacation rental firm Airbnb Inc (ABNB.O) said on Tuesday it will shut down all listings and experiences in mainland China from July…

4 years ago