The Federal Reserve said that banks reported tighter standards and weaker demand for loans in the first quarter, extending a trend that began before recent stresses in the banking sector emerged.
As evidence of how hard it is to get a handle on markets right now, consider the diverging postures of human and computer-guided investors, by one definition the widest in four years.
Democratic Republic of Congo’s oil ministry announced new due dates for bids on four oil blocks in its eastern region, including one that overlaps with a famous gorilla habitat.
Senate Republican leader Mitch McConnell said Monday he won’t simply back candidates aligned with Donald Trump after several of them flopped and cost Republicans the majority in 2022.
NextEra Energy Partners LP jumped the most in three years as its plans to sell natural gas pipelines eased concern that the company will have to issue equity to simplify its structure.
Dish Network Corp.’s Chairman Charlie Ergen sees a “narrow window” to address the company’s capital structure, which includes $14.7 billion of distressed debt that has been sliding further into troubled territory for the past few months.
The Republican-controlled House Foreign Affairs Committee threatened Secretary of State Antony Blinken with contempt of Congress if he doesn’t turn over a diplomatic cable related to the US withdrawal from Afghanistan.
Senegal’s leading opposition politician could be disqualified from next year’s presidential election after a court sentenced him to a six-month suspended prison sentence after a conviction for libel.
Top Republicans want a government watchdog to investigate the Biden administration’s management of the nation’s emergency oil reserves, arguing no credible plan exists to refill the cache that now stands at a 40-year low.
Tyson Foods Inc. plunged the most since the 2008 global financial crisis after the biggest US meat company cut its full-year sales forecast amid “challenging” market conditions.
