Thursday, May 4, 2023
Evening
- Wall Street ends down as PacWest fuels fears of deeper bank crisis
- PacWest stock plunges as US regional banking woes worsen
- Bank Drama Rages On With Fed Cut Wagers Mounting: Markets Wrap
- Fed Swaps Point to a Rate Cut by July, or Maybe Even June
- Debt limit deadline looms as Democrats, GOP spar on spending
- FDIC plans to hit big banks with fees to refill deposit insurance fund - Bloomberg News
- Pressure grows for US regulatory intervention as bank rout deepens
- Exclusive: U.S. officials assessing possible 'manipulation' on banking shares - source
- Dallas disrupted by hackers - courts closed, police and fire sites offline
- Recession Fears Abound, but the Fed Chair Bets This Time Is Different
- Honey, the Fed Shrunk Global Dollar Credit
- Tett: Investors are waking up to America’s debt dysfunction
- US banks under fresh pressure as Nelson Peltz calls for Washington to stem crisis
General
- PacWest, First Horizon Slump, Reigniting Regional Bank Jitters
- Regional bank stocks continue to slide on Thursday with PacWest leading the way down 40%
- Western Alliance latest US bank to explore sale, Financial Times reports
- Gold firms as banking woes sustain stellar run
- Dollar falls after Fed signals pause; banking woes dent confidence
- Grains Steady After Surge as Markets Size Up Black Sea, Supplies
- European Central Bank raises interest rates but slows pace
- ECB Vows More Hiking to Come After Slowing Tightening Pace
- US claims for unemployment aid jump, but remain low
- Small business confidence rises slightly, but inflation, economic concerns dim outlook
- US Productivity Declines More Than Forecast, Labor Costs Climb
- What a Fed response to a US debt default could look like
- Fed recap: Here are Chair Powell’s market-moving comments after the latest rate hike
- Pushback Against Powell’s Prognosis Comes Almost Immediately
- China's factory activity skids in April on weak demand - Caixin PMI
- China Two-Speed Economic Recovery Fuels Concerns on Outlook
- China’s Factories Struggle in Further Sign of Economic Imbalance
- Moscow says US behind Kremlin drone attack, Russian forces target Kyiv
- Ukraine Latest: Explosions Are Heard in Kyiv, Other Areas
- Repaying ECB’s Cheap Pandemic Loans Risks Market Stress
- Europeans drain billions from banks, fed up with shrinking savings
- Global issuance of mortgage-backed securities falls to a 23-year low
- Goldman’s Role in Failed SVB Deal Under Review in US Probe
- Scrambling to Avoid Default, White House Weighs Debt-Limit Fallback Options
- ‘Getting close’: Federal Reserve chair seeds expectations for pause in interest rate rises
- Veteran of 1980s banks crisis hits out at sale of First Republic to JPMorgan
- Maersk warns of ‘radically changed’ world as profits tumble