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…
U.S. banks profits rise in 3rd quarter, despite warning signs -FDIC
By Carolina Mandl NEW YORK (Reuters) – U.S. banks reported a 3.2% rise in third-quarter net income from a year…
REUTERS NEXT: Treasury’s Adeyemo says China continues to struggle with zero-COVID policy
NEW YORK (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo said China was continuing to struggle with its zero-COVID policy…
U.S. Treasury’s Adeyemo says $60 oil price cap will limit Russia’s revenues
By Dan Burns NEW YORK (Reuters) -U.S. Deputy Treasury Secretary Wally Adeyemo applauded a European Union deal for a $60-a-barrel…
Global factory activity shrank in November but price pressures ease
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S&P warns of possible trebling of U.S., European default rates
LONDON (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely…