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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Smaller Chinese banks cut deposit rates on squeezed margins By Reuters

© Reuters. FILE PHOTO: A staff counts Chinese Renminbi currency at a bank in Baokang, central China’s Hubei province, November 11, 2007. REUTERS/Stringer BEIJING (Reuters)

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Asia stocks rise on hopes regional central banks hold steady on rates By Reuters

© Reuters. FILE PHOTO: A passerby walks past an electric monitor displaying various countries’ stock price index outside a bank in Tokyo, Japan, March 22,

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Fed might not need to hike rates in May as economy slows, says BlackRock By Reuters

© Reuters. FILE PHOTO: Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York City, U.S.,

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Brazil’s Lula mulls inflation target change as interest rates ‘inexplicable’ By Reuters

© Reuters. FILE PHOTO: Brazil’s President Luiz Inacio Lula da Silva speaks during a ceremony to mark the International Women’s Day at Planalto Palace in

Column-Another Fed milestone? Policy peak with negative real rates: McGeever By Reuters
Finances

Column-Another Fed milestone? Policy peak with negative real rates: McGeever By Reuters

© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst//File Photo By Jamie McGeever ORLANDO,

Latest Federal Reserve Decision to Raise Rates Came Down to the Wire; ‘That Was a Rough Weekend’
Business

Latest Federal Reserve Decision to Raise Rates Came Down to the Wire; ‘That Was a Rough Weekend’

Jerome Powell and other officials waited and watched the fallout from SVB, Swiss bank crisis, finally deciding the financial system was stable enough for a

Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
Business

Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?

U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks. Source link

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

ECB may need to hike rates again in May

© Reuters. FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko

Fed’s Mester Says Rates Need to Move ‘A Little Bit Higher’ By Bloomberg
Finances

Fed’s Mester Says Rates Need to Move ‘A Little Bit Higher’ By Bloomberg

&copy Bloomberg. Loretta Mester, president and chief executive officer of Federal Reserve Bank of Cleveland, speaks during the National Association of Business Economics (NABE) economic

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

India central bank set to raise rates 25 bps on elevated inflation, keep hawkish stance By Reuters

© Reuters. FILE PHOTO: A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9,