Sep 18, 2023
In the Market: Fed beware the banking crisis of March

By Paritosh Bansal (Reuters) -Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year "March madness." Six months on, the craziness has abated, but the industry is scarred and still dealing with its consequences. "We don't…

Sep 18, 2023
Marketmind: Dot plots, oil blots and auto strikes

A look at the day ahead in U.S. and global markets from Mike Dolan Gatecrashed by an alarming backup in crude oil prices, this week's dominant event may be less decisive than at first glance as the U.S. Federal Reserve…

Sep 18, 2023
Costa Group falls most in 3-weeks as Pain Schwartz lowers buyout bid

By Himanshi Akhand and Rishav Chatterjee (Reuters) -Australia's Costa Group on Monday said U.S. private equity firm Paine Schwartz Partners had lowered its offer price to buy the company by over A$100 million, sending shares of the country's largest fresh…

Sep 18, 2023
Take Five: A central bank bonanza

(Reuters) -Central banks take centre stage with five of those overseeing the 10 most heavily traded currencies - including the U.S. Federal Reserve - holding rate-setting meetings, plus a swathe of emerging market ones as well. Here's your week ahead…

Sep 16, 2023
Wall Street tumbles, Treasury yields gain as focus turns to Fed

By Stephen Culp NEW YORK (Reuters) - U.S. stocks ended sharply lower and Treasury yields headed higher on Friday as plunging chip stocks and mixed economic data dampened investors' risk appetite, providing a downbeat ending to a tumultuous week. All…

Sep 15, 2023
Wall Street ends sharply lower as chipmakers and megacaps slide

By Noel Randewich and Ankika Biswas (Reuters) - U.S. stocks ended sharply lower on Friday as chipmakers dropped on concerns about weak consumer demand, while rising Treasury yields pressured Amazon and other megacap growth companies. Chip equipment makers Applied Materials,…

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