(Bloomberg) — Global central banks witnessed no dash for dollars after uniting with the Federal Reserve to ease access to supplies of the US currency, an indication the latest bout of banking turmoil may not be causing undue stress to the financial system.
Texas added HSBC Holdings Plc to its list of financial firms that “boycott” the fossil-fuel industry, potentially limiting what business the bank can conduct with the nation’s second-most-populous state.
A group representing Uber Technologies Inc., Lyft Inc. and other app-based services is raising concern about President Joe Biden’s nominee to lead the Labor Department over her stance on worker-classification rules.
The seizure of a US company’s marine terminal in Mexico has drawn criticism from a US senator and risks sparking more tension between the two nations amid spats over energy and security.
The rush to add liquidity into the monetary system is “the most overt sign” of financial stress and a clear negative for the dollar, according to Alan Ruskin, chief international strategist at Deutsche Bank AG.
European authorities sought to restore investor confidence in the sort of risky bank bonds that were wiped out in the shotgun deal to save Credit Suisse Group AG, telling them that they should only face losses after shareholders are fully written down.
Three years after the pandemic threatened a cataclysmic hit to US state and local governments, their finances look rosier than they have in decades.
The Intergovernmental Panel on Climate Change warns that “deep, rapid and sustained” cuts to greenhouse gas emissions are urgently needed to keep climate change within livable limits.
With Bitcoin staging a staggering rally in recent days amid turmoil within the global banking system, its advocates are now turning to the coin’s next important milestone: $30,000.
Donald Trump moved to dismiss findings of a special purpose grand jury in Atlanta that recommended indictments for those who sought to overturn the 2020 presidential election in Georgia, and he demanded the ouster of Fulton County District Attorney Fani Willis from the case.
