turmoil
LONDON — Five years ago, Britain’s Conservative Party scored a landslide victory in a general election that contained outlines of a realignment in that nation’s politics. Today, those same Conservatives appear headed for one of their worst defeats in a generation, an unraveling of a once-proud party that has come with astonishing swiftness.
CNN — President Joe Biden left for home after seven hours in the Israeli war zone with an increasingly tense Middle East in worse shape than when he arrived.
WASHINGTON — U.S. House Republicans on Friday put forward their second nominee for speaker, though lawmakers departed Capitol Hill for the weekend without unifying enough to hold a floor vote and with a highly uncertain outcome when they return. Ohio Republican Rep. Jim Jordan won the conference nomination in a closed meeting, defeating Georgia’s Austin […]
As lawmakers in the House deal with a new push to oust Speaker Kevin McCarthy (R-Calif.), north-of-the-border legislator Greg Fergus became the first Black Canadian to serve as his country’s Speaker of the House of Commons,
As lawmakers in the House deal with a new push to oust Speaker Kevin McCarthy (R-Calif.), north of the border legislator Greg Fergus became the first Black Canadian to serve as his country’s Speaker of the House of Commons, according to media reports . . .
June 29 (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing investor fears after Silicon Valley Bank and two other lenders failed this year.
WASHINGTON, June 28 (Reuters) – Big U.S. banks sailed through the Federal Reserve’s annual health check on Wednesday, in a vote of confidence for a sector still recovering from turmoil earlier this year and facing an uncertain economic outlook. The Fed’s “stress test” exercise showed lenders, including JPMorgan Chase
[1/4]A police officer guards the closed Red Square in Moscow, Russia June 25, 2023. REUTERS/Evgenia Novozhenina WASHINGTON, June 25 (Reuters) – The unprecedented challenge to Russian President Vladimir Putin by Wagner fighters has exposed fresh “cracks” in the strength of his leadership that may take weeks or months to play out, U.S. Secretary of State […]
April 15 (Reuters) – Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), said hedge funds and other parts of the shadow banking system need to face greater scrutiny after last month’s upheaval in U.S. government bonds, the Financial Times reported on Saturday. Gensler told the newspaper that reducing the risks from […]
Despite tenuous times for the banking industry, some of the largest U.S. lenders reported banner first-quarter earnings on Friday that easily exceeded investor expectations. JPMorgan Chase, the nation’s largest bank, reported revenue that rose virtually across the board, helping it pull in $12.6 billion in profit, a 52 percent jump from the same quarter a […]