$138 million fortune hangs in the balance as the Huber Heights jackpot remains unclaimed
HUBER HEIGHTS, OH — A $138 million Powerball jackpot from the July 3, 2024, drawing is still waiting to be claimed, and the winner faces a December 30 deadline to step forward.…
Lebanon’s precarious sectarian balance tipping amid Hezbollah-Israeli war
By Maya Gebeily and Karamallah Daher BEIRUT (Reuters) – As the Lebanese Christian village of Rmeish marks its first Easter since the Gaza war erupted, residents say a parallel confrontation between Hezbollah…
Fed meeting likely to see start of debate over ending balance sheet contraction
By Michael S. Derby (Reuters) – Decision time is close at hand for the Federal Reserve to plan the mechanics of how it ends the winddown of a balance sheet that remains…
Workers view work-life balance as more important than pay, study finds
(Reuters) – Workers prioritise their work-life balance over pay when considering their next role, with training in areas like tech and artificial intelligence (AI) also valued, a study by the world’s biggest…
OPEC may need further supply curbs to balance market, says Mercuria chief
By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) – OPEC may need to cut production further to keep oil prices at current levels in the face of stuttering demand growth and high U.S. output,…
Fed’s Waller: Balance sheet tapering could slow this year
(Reuters) – Federal Reserve Governor Christopher Waller on Tuesday said it would be “reasonable” for the U.S. central bank to start thinking about slowing the pace of reductions to the Fed’s balance…
Analysis-Middle East escalation tilts balance of risks in markets
By Rae Wee and Ankur Banerjee (Reuters) – For global investors who came into 2024 with doubts about how long stock markets can rally and when central banks will cut rates, a…
Markets tweak Fed balance sheet views after comments from Dallas Fed chief
By Michael S. Derby NEW YORK (Reuters) – Comments over the weekend from a key Federal Reserve official have shed new light on how the central bank might end its ongoing effort…
Wall Street banks push back expected end of Fed balance sheet drawdown
By Michael S. Derby NEW YORK (Reuters) – Wall Street’s biggest banks shifted ahead of last month’s Federal Reserve meeting toward predicting the U.S. central bank would end its balance sheet reduction…
U.S. natgas producers seek to balance production cuts, demand rebound
(Reuters) – The longer natural gas prices stay lower in 2024 and drilling and related activity pulled back, the market could overshoot to both the downside and upside next year as it…
At December meeting, some Fed officials mulled end to balance sheet cuts
By Michael S. Derby NEW YORK (Reuters) – Some Federal Reserve officials are ready to talk about what it would take for the central bank to stop the ongoing shrinkage of its…
Morgan Stanley mulls private credit fund bet with balance sheet – Bloomberg News
(Reuters) – Lender Morgan Stanley is discussing allocating a portion of its balance sheet into a new private credit fund that would include capital from external investors, Bloomberg News reported on Wednesday,…
Fed’s Powell not ready to say when balance sheet wind-down ends
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that central bank officials have yet to decide when they will end their balance sheet reduction…
Australia govt sees budget almost in balance for 2023/24
SYDNEY (Reuters) – Australia’s government expects a much improved budget bottom line this year as revenues outpace forecasts, but is resisting calls for more cost-of-living handouts to avoid inflaming inflationary pressures. In…
Sharp Fed liquidity drain hints at early end for balance sheet runoff
By Michael S. Derby NEW YORK (Reuters) – A key threshold markets link with an end to the Federal Reserve’s wind-down of its asset holdings could be hit sooner than expected, pointing…
Analysis-In Mexico, gender balance push puts political parties in unfamiliar bind
By David Alire Garcia MEXICO CITY (Reuters) – When Mexico’s governing party unveiled the winner of its poll to pick a Mexico City mayoral candidate, the result was clear – but the…
Brazil cenbank chief says external scenario has not affected FX, balance of risks
BRASILIA (Reuters) -Brazil’s central bank chief Roberto Campos Neto said on Friday that the increased level of concern among policymakers about the external scenario has not changed to the extent of altering…
Marketmind: Markets cheer as Powell finds his balance
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a day for relief rallies in Asia as investors became increasingly…
Fed’s reverse repo facility drawdown looms large in balance sheet debate
By Michael S. Derby NEW YORK (Reuters) – The eventual end of the Federal Reserve’s efforts to reduce its vast bond holdings increasingly appears tied to what happens with the central bank’s…
Fed’s Mester says plenty of room left to run on balance sheet drawdown
NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a…
How U.S. bank balance sheets have changed as Fed raises rates
(Reuters) – The Federal Reserve’s aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after the panic in March when Silicon Valley…
Bond rout won’t end Fed balance sheet cuts, but endgame bubbling into view
By Michael S. Derby NEW YORK (Reuters) – The bond market tumult that has sent real-world borrowing costs surging is unlikely to deter the Federal Reserve from pressing onward with shedding nearly…
Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official
JAKARTA (Reuters) – Indonesia’s central bank kept a presence in the foreign exchange market to maintain a supply-demand balance and build market confidence, an official said on Tuesday, using a phrase the…
Credit Suisse collapse led balance sheet of Swiss banks to contract
(Reuters) – Credit Suisse clients withdrawing their money as the bank headed for collapse likely accounts for the first significant balance sheet contraction in a decade for all banks in Switzerland, a…
Analog Devices says working to restore supply-demand balance after weak forecast
(Reuters) -Analog Devices forecast fourth-quarter revenue below Wall Street estimates on Wednesday, but said it was working to manage the supply glut to return to growth more quickly in the coming quarters.…
Paris success in attracting London banks boosts balance of payments
PARIS (Reuters) – France’s post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country’s balance of payments, the central bank said on…
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