Business – Page 52

3 Minutes

US banks blame ‘abusive trading practices’ for crisis of confidence

ustowner-012 2023-05-07 03:15

The main lobby group for US banks has appealed for regulators’ help to close the door on the crisis of confidence ripping through shares in a growing[……] ....

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2 Minutes

US banks halt trading as financial panic spreads

ustowner-012 2023-05-06 04:09

Trading has halted amid continued uncertainty among investors in the United States as two more US banks collapse. Pacific Western Bank based in A[……] ....

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4 Minutes

US adds a solid 253,000 jobs despite Fed’s rate hikes

ustowner-012 2023-05-06 03:50

WASHINGTON (AP) — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite[……] ....

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6 Minutes

Debt limit deadline looms as Democrats, GOP spar on spending

ustowner-012 2023-05-05 04:09

WASHINGTON (AP) — Senate Democrats pressured Republicans on the increasingly menacing debt ceiling impasse Thursday, focusing on what they say will be[……] ....

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4 Minutes

Stock market today: Wall Street sinks as bank fears flare

ustowner-012 2023-05-05 03:42

NEW YORK (AP) — Stocks sank on Wall Street Thursday as worries cranked higher about a cracking U.S. banking system. The S&P 500 fell 0.7% to ad[……] ....

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2 Minutes

Investor panic hits US bank stocks

ustowner-012 2023-05-04 05:00

Mid-sized lenders have shed market value, fueling concerns over the health of the financial system Shares of several regional US lenders plunged[……] ....

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