Yellen says US prepared to take more action to keep bank deposits safe
WASHINGTON, March 23 (Reuters) – U.S. Treasury Secretary Janet Yellen reiterated on Thursday that she was prepared to take further…
Wall St ends higher as Yellen vows actions to safeguard deposits
NEW YORK, March 23 (Reuters) – Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury…
US House Republicans readying debt ceiling ‘term sheet’ conditions
WASHINGTON, March 23 (Reuters) – U.S. House Republicans are working on a “term sheet” of conditions they would want Democrats…
Yellen: Inflation likely to come down on lower supply chain pressures, shipping costs
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that supply chain pressures and shipping costs were coming…
TREASURIES-Yields tumble after Fed’s dovish hike amid talk of a pause
(Adds data, aution calendar, 10-year TIPS auction results, updates prices) By Karen Brettell NEW YORK, March 23 (Reuters) - U.S.…
Analysis-Fed pause before European peers to lift Treasuries, European stocks
(Reuters) – As markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds…
US labor market still tight; housing market close to bottoming out
WASHINGTON, March 23 (Reuters) – The number of Americans filing new claims for unemployment benefits edged down last week, showing…
U.S. new home sales post third straight monthly gain in February
WASHINGTON, March 23 (Reuters) – Sales of new U.S. single-family homes increased to a six-month high in February, the latest…
Silicon Valley Bank’s UK arm sees sharp inflows after £1 HSBC rescue
The British arm of Silicon Valley Bank (SVB UK) has seen hundreds of millions of pounds of deposit inflows in…
Morning Bid: Central banks try to see through stress
A look at the day ahead in U.S. and global markets from Mike Dolan Even with a nod to greater…
More than a million universal credit payments cut over the past year because of historical overpaid tax credits
The government is cutting benefit payments to some of Britain’s poorest families or threatening them with debt collectors in a…
PRECIOUS-Gold gains as Fed hints at pause in rate hikes
* Fed hikes rates by 25 basis points * Gold might rise into range of $1,992-$2,009/oz – technicals * U.S.…