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Credit Suisse takeover hits heart of Swiss banking, identity

GENEVA -- The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its recognition as a world monetary middle, analysts...

More Americans file for jobless claims; layoffs remain low

U.S. programs for jobless advantages rose ultimate week however remain at traditionally low ranges regardless of efforts through the Federal Reserve to chill the...

Bank failures and rescue test Yellen’s decades of experience

WASHINGTON -- Working in opposition to the clock to prevent a growing banking disaster, Treasury Secretary Janet Yellen had till sundown on Sunday, March...

Credit Suisse deal halted crisis, Swiss central bank says

GENEVA -- The Swiss central bank hiked its key rate of interest Thursday and insisted {that a} government-orchestrated takeover of Credit Suisse by...

UK central bank may hike rates after big jump in food prices

LONDON -- Something surprising may drive the Bank of England to approve an eleventh consecutive rate of interest building up Thursday: a scarcity of...

UK inflation jumps to 10.4%, surprising analysts

Britain’s inflation fee has risen for the primary time in 4 months in FebruaryLONDON -- Britain’s inflation fee rose for the primary time in...

Asian stocks rise ahead of Fed’s next interest rate decision

BEIJING -- Asian inventory markets adopted Wall Street upper on Tuesday ahead of a Federal Reserve decision on some other conceivable interest rate hike...

Parent company of Silicon Valley Bank files for bankruptcy

The guardian company of Silicon Valley Bank filed for Chapter 11 bankruptcy coverage Friday, every week after the tech-focused financial institution failed in a...

Credit Suisse shares sink as key investor vows no more help

Battered shares of Credit Suisse misplaced more than one-quarter in their worth Wednesday, hitting a report low after its largest shareholder — the Saudi...

US inflation eases but stays high, putting Fed in tough spot

WASHINGTON -- U.S. shopper value will increase eased reasonably from January to February but nonetheless pointed to an increased inflation fee this is posing...

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