Reuters NEXT-US banking executives talk soft landing, capital rules
(Reuters) -Top U.S. banking executives on Wednesday allayed fears of a recession, with Bank of America CEO Brian Moynihan reiterating his expectation of a
‘We’ve become a party of losers’: Vivek Ramaswamy blasts GOP ‘establishment’ in Miami debate
Republican presidential hopeful Vivek Ramaswamy slammed what he called the GOP “establishment” on Wednesday night, blaming it for Democrats’ wins in elections on Tuesday.
Half of Japanese firms see earnings risks from Israel-Hamas conflict: Reuters poll
By Daniel Leussink TOKYO (Reuters) – Almost half of Japanese companies see the conflict between Israel and Palestinian militants Hamas potentially hitting their earnings,
DeSantis promises to ‘rein in’ the Fed to fight inflation, as Scott says he’d bring back Keystone XL pipeline
The participants in Wednesday night’s Republican presidential debate offered proposals for addressing inflation, with Florida Gov. Ron DeSantis taking aim at the Federal Reserve
Swedish EV maker Polestar trims delivery forecast, halves margin target
By Abhirup Roy (Reuters) -Swedish electric vehicle maker Polestar (NASDAQ:) trimmed its 2023 delivery forecast on Wednesday to the lower end of its earlier
‘Rich people should not be collecting Social Security,’ Chris Christie says at GOP debate
““I don’t know if you’re watching, Warren. I don’t know if Warren Buffett has collected Social Security, but if he is, shame on you.” ”
National Australia Bank eyes business credit in soft home loan market
By Byron Kaye and Roushni Nair SYDNEY (Reuters) -National Australia Bank, the country’s top business lender, said profit outside of home loans grew in
White House’s Bernstein upbeat on economy despite Mideast war, shutdown threat
By Jeff Mason NEW YORK (Reuters) -U.S. Council of Economic Advisers Chair Jared Bernstein said on Wednesday he did not “thus far” see the
Goldman’s chief economist downplays recession fears from past Fed rate hikes
Economists worried about a recession next year often cite the lagged effect of the Federal Reserve’s 11 increases in interest rates over the past
US Senate votes to reject ‘Buy America’ EV charging waiver
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate voted 50-48 to overturn President Joe Biden’s decision to waive some “Buy America” requirements for
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