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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Stocks rise, dollar slips on Powell comments seen as dovish
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose and the dollar fell on Tuesday, reversing earlier moves, as the market perceived comments by the Federal Reserve c[...]
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BOE and Treasury Think UK Is ‘Likely’ to Need Digital Currency – Telegraph
LONDON (Reuters) -The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the Telegraph newspa[...]
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S&P cuts two Adani firms’ rating to negative from stable
By Tanvi Mehta (Reuters) -Credit ratings agency S&P on Friday cut its rating outlook on Adani Ports and Special Economic Zone and Adani Electricity to negative from stable, while peer Moody’[...]
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FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him
By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagu[...]
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Musk says his SpaceX shares could have also helped fund taking Tesla private
By Hyunjoo Jin and Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk told jurors on Monday he was sure he had locked up financial support from Saudi investors in 2018 to take his electric car maker Tesla[...]
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Live Nation CFO defends Ticketmaster, blames bots for Taylor Swift debacle
By David Shepardson WASHINGTON (Reuters) -Ticketmaster learned “valuable lessons” when the Taylor Swift concert tickets sale last year was disrupted by record bot traffic, the parent compa[...]
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Musk trial: lawyers clash over whether CEO lied in 2018 Tesla tweet
By Jody Godoy SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk “lied” when he said that funding was “secured” to take the company private, a lawyer for Tesla investors said on[...]
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