By John McCrank NEW YORK (Reuters) – A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud over new listings from China has created pent up dem[...]
Read more
Articles written by Reuters
Wells Fargo cuts hundreds of jobs in mortgage business – Bloomberg News
(Reuters) -Wells Fargo & Co has cut hundreds of jobs in its mortgage business across the country, Bloomberg News reported on Thursday citing people familiar with the bank’s plans. Higher inf[...]
Read more
Analysis-Markets sigh with relief after Powell speech, but more turbulence likely ahead
By Davide Barbuscia and David Randall (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday, but some investors believe[...]
Read more
Fed’s Powell: Rate hikes to slow, but adjustment just beginning
By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said it was time to slow the pace of coming interest rate hikes while also signaling a protracted[...]
Read more
BlackRock’s Fink says crypto technology still relevant despite FTX
By Carolina Mandl NEW YORK (Reuters) – BlackRock Inc Chief Executive Larry Fink said on Wednesday that there appear to have been “misbehaviors” by the now-bankrupt FTX crypto exchang[...]
Read more
Senate banking chief urges U.S. Treasury to secure new crypto rules
By Hannah Lang (Reuters) -A Democratic senator and chair of a key committee on Wednesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency[...]
Read more
Crowdstrike Holdings warning sparks selloff in cybersecurity stocks
(Reuters) -A warning from Crowdstrike Holdings Inc that clients were cutting back on spending and delaying purchases due to an economic slowdown slammed cybersecurity stocks on Wednesday, inflicting f[...]
Read more
The Caregiver’s Lament: How to handle the costs of care
By Chris Taylor NEW YORK (Reuters) – You might know P.J. Byrne from the movies, most likely as one of the fast-living brokers alongside Leonardo DiCaprio in “The Wolf of Wall Street.[...]
Read more
Crypto exchange Bitfront shuts down
(Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months[...]
Read more