By Lisa Baertlein LOS ANGELES (Reuters) – Manufacturers of everything from pickup trucks to homes are still grappling with tight supplies of microchips and cement – shortages that could tr[...]
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Economy
High & Dry: Banking crisis to further choke funding for cannabis sector
By Mrinalika Roy (Reuters) – The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and[...]
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Central bank tests spur global instant payment hopes
LONDON (Reuters) – A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global instant payments network accessible at the tap of a mobile phone. The abi[...]
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Factbox-What can the ECB do to stop the banking crisis?
FRANKFURT (Reuters) – A Swiss orchestrated rescue of Credit Suisse by rival UBS has failed to calm nerves as investors worry which banks could be next in line. Here’s a look at the Europea[...]
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Column: Why Gen Xers and millennials should be following the U.S. Social Security debate
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller (Reuters) – Reforming Social Security may sound like an issue of interest mainly to older Americans[...]
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Global sell-off resumes after Credit Suisse renews worries; gold rallies
By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide[...]
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Biden vows new bank rules after SVB collapse, cites Trump rollback
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden declared the US banking system “safe” and vowed stiffer bank regulation, after U.S. regulators were forced to step in with a s[...]
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Yellen warns U.S. House members of ‘economic collapse’ from default
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged members of the U.S. House of Representatives on Friday to raise the federal debt ceiling without conditions, warning th[...]
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Stellantis to Make Fully Electric Cars at Cassino Plant in Italy
MILAN (Reuters) – Stellantis said on Thursday it will use its Cassino assembly plant in central Italy for making cars based on its STLA Large platform as part of the company’s electrificat[...]
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