If you’re in Brick Township and in the mood to treat yourself to an elegant escape, a few local fine dining spots will keep you happily immersed in great flavors. Whether you’re…
By Michael S. Derby (Reuters) – Lower-income Americans are starting to face nascent signs of financial turbulence now that government support programs tied to the coronavirus pandemic have wound down, but any…
By Francois Murphy VIENNA (Reuters) – The number of murders and other intentional killings surged to a record high across the world in 2021, driven in part by the stress and economic…
ORTLEY BEACH, NJ – Visiting the beach and sitting on a boardwalk during a mild winter day brings a unique sense of peace and tranquility that is often hard to find in…
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ business confidence improved for the first time since August while service-sector mood rose for a second month, according to the Reuters Tankan poll, which…
SHANGHAI (Reuters) -China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed at extremely…
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said…
By Huw Jones LONDON (Reuters) – Britain’s banking system is well capitalised to withstand shocks the Bank of England said on Tuesday, adding that next year’s annual health check of major lenders…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury’s planned buyback of its outstanding securities next year is aimed at improving liquidity in the bond market, but it is unlikely to…
TORONTO (Reuters) – The head of Canada’s banking regulator said on Thursday its mortgage stress test was “imperfect” and “incomplete” as homeowners on a variable rate mortgages struggle to repay their loans…
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of…
By Michael S. Derby NEW YORK (Reuters) – Almost half a year after Silicon Valley Bank went belly up and nearly set off a national banking crisis, still-growing borrowing from a Federal…
On Saturday July 22, 2023, at approximately 3:12 p.m., Border Patrol agents assigned to the El Paso Mobile Response Team were conducting line watch duties and encountered four undocumented migrants. One of…
(Reuters) – A Kansas newspaper that was searched by police said its 98-year-old co-owner died on Saturday from stress related to the incident, which free press advocates condemned as a possible violation…
By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry stress test showed large insurers are well placed to withstand severe economic…
(Reuters) – U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve need to deliver them to fight entrenched inflation, Minneapolis Fed President Neel…
NEW YORK (Reuters) – Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Tuesday are set to open on the defensive, pressured…
(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that the social…
By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks told U.S. senators on Wednesday that they will set policy based on…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain…
University Drops Standardized Testing Requirement To Eliminate Applicants ‘Stress’ Alexa Schwerha on April 24, 2023 West Virginia University (WVU) will no longer require applicants to submit standardized testing scores in order to…
SEOUL (Reuters) – South Korea will voluntarily join a global stress test on banks, hoping to gain from a thorough analysis of risks they face on an international level, the country’s central…
By Jesús Aguado MADRID (Reuters) -Spanish lenders may feel the impact from rising global risks, such as the higher cost of funding and liquidity stress, though their cash positions remained stable in…
Prof Revises Lecture That Claims Conservatives Are ‘Guilty, Anxious, And Unable To Handle Stress’: REPORT Alexa Schwerha on April 11, 2023 A Wake Forest University professor equated conservatives to being “guilty, anxious,…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Monday that financial system troubles that drove the central bank to provide large…