By Mehnaz Yasmin and Niket Nishant (Reuters) -Canadian Imperial Bank of Commerce (CIBC), Bank of Montreal and Toronto-Dominion Bank on…
ECB’s Lane says real rates have already risen ‘quite a bit’
FRANKFURT (Reuters) – Real interest rates in the euro zone have already risen “quite a bit”, the European Central Bank’s…
Coinbase says Apple blocked its last app release on NFTs in wallet
(Reuters) -Coinbase Global Inc said on Thursday customers using Apple Inc’s iOS will not be able to send non-fungible tokens…
U.S. consumer spending powers ahead in October; inflation cooling
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a…
European stocks close above three-month high on Powell, China cheer
By Susan Mathew and Devik Jain (Reuters) -Europe’s STOXX 600 index closed above a three-month high on Thursday, as investors…
U.S. CFTC head urges Congress to act fast on crypto regulation
By Hannah Lang and Chris Prentice (Reuters) -A leading U.S. financial regulator on Thursday urged lawmakers to act quickly to…
Exclusive-Meta sought to settle EU antitrust investigations, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Facebook owner Meta reached out to EU antitrust regulators some time back in an…
Treasury’s Adeyemo says underlying health of U.S. economy ‘quite strong’
By Dan Burns NEW YORK (Reuters) – The underlying health of the U.S. economy is quite strong and massive investments…
LSEG CEO says weak links in markets exposed by recent volatility
By Peter Thal Larsen (Reuters) – London Stock Exchange Group Plc Chief Executive David Schwimmer said on Thursday that large…
U.S. lawmakers say some fintechs failed to prevent ‘obvious’ pandemic fraud
By Hannah Lang (Reuters) -Several fintech companies that facilitated high volumes of pandemic-related loans to businesses in 2020 had inadequate…