US labor market loosens as job gains slow, unemployment rate hits 3.9%
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against
TransUnion CIBIL report reveals rise in small-ticket personal loan delinquencies
TransUnion (NYSE:) CIBIL’s Credit Market Indicator (CMI) for Q2 2023 has revealed a rise in balance-level serious delinquencies across all product categories, with the
Exclusive-Hedge fund Caxton wins on bond rout to claw back performance losses – sources
By Nell Mackenzie LONDON (Reuters) -Well known hedge fund manager Andrew Law’s $12.5 billion Caxton Associates has clawed back much of the losses it
South African Reserve Bank holds steady on interest rates amid inflation concerns
South African Reserve Bank (SARB) Governor Lesetja Kganyago has reaffirmed the bank’s commitment to decisive action in preserving price stability and curbing inflation, particularly
US job growth slows in October, impacts Bitcoin and other risk assets
The US economy added 150,000 jobs in October, falling short of market expectations, according to the Nonfarm Payrolls (NFP) report issued by the US
Real estate stocks lead European shares to biggest weekly gain since March
By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Europe’s benchmark index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive
Bank of England addresses tech-induced bank run risks and financial system stability
In a recent speech at King’s College London, Andrew Hauser of the Bank of England (BoE) highlighted three major challenges for central banks in
US Treasuries basis trades seen as less profitable as funding costs rise
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market
Fed’s Kashkari: a lot of uncertainty about what is driving yield curve
Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose
Bank of America, others hit by ACH-related deposit delays
Today, an Automated Clearing House (ACH) issue led to deposit delays across several major banks, including Bank of America, Chase, US Bank, Truist, and
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