Page 7 - Anna Driver News Today

A strong U.S. economy and pushback from central bank officials is leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year, a shift that is rippling through Treasury and foreign exchange markets even as stocks sit near record highs. Expectations that the Fed would ease monetary policy in 2024 after its most aggressive tightening cycle in decades fueled an explosive rally in stocks and bonds in the final months of last year, boosting the S&P 5...

Some Wall Street executives feel a tantrum coming in U.S. short-term financing markets, perhaps as soon as March. It could put pressure on the Federal Reserve to ease policy. A series of...

It could put pressure on the Federal Reserve to ease policy. A Fed lending facility that was put in place after the regional banking crisis last year will expire on March 11, with $129 billion outstanding. Another market backstop, called the standing repo facility (SRF), that Fed officials have held up as a safety net has seen only a few banks sign up so far.

Spirit Airlines shares fell almost 50% after a federal judge blocked JetBlue Airways' planned $3.8 billion buy of the ultra-low cost carrier on grounds it would be anticompetitive.

Thomson Reuters said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market. -January 16, 2024 at 10:33 am EST - MarketScreener

A federal judge on Tuesday blocked JetBlue Airways planned $3.8 billion acquisition of ultra-low cost carrier Spirit Airlines after agreeing with the U.S. Department of Justice the deal would reduce...

BOSTON (Reuters) -A federal judge on Tuesday blocked JetBlue Airways' planned $3.8-billion acquisition of ultra-low-cost carrier Spirit Airlines after agreeing with the U.S. Department of Justice that the deal was anticompetitive and would harm ticket buyers. JetBlue's lawyers had called the case a "misguided" challenge to a merger of the nation's sixth- and seventh- largest airlines, which combined would control 10.2% of a domestic market dominated by four larger airli...

When he left Morgan Stanley to join SoftBank Group in Tokyo in 2015, Alex Clavel had little in common with the swashbuckling dealmakers who surrounded CEO Masayoshi Son. After years of...

The U.S. Securities and Exchange Commission has not yet approved a spot bitcoin exchange traded fund , an agency spokesperson said on Tuesday, adding that a post on its social media platform X was... -January 09, 2024 at 04:59 pm EST - MarketScreener

(Reuters) -The U.S. securities regulator said someone briefly accessed its X social media account on Tuesday and posted a fake message saying it had approved exchange traded funds for bitcoin, a move that has been eagerly awaited by the crypto industry. The Securities and Exchange Commission (SEC) said it has not yet approved spot bitcoin ETFs. The SEC's account on X, the platform formerly known as Twitter, had been compromised briefly by an unknown party after about 4 pm Eastern time but &...