Twitter’s new CEO comes from NBC, Elon Musk to re-focus on Tesla, regional bank shares, including PacWest remain volatile and debt ceiling wrangling continues with high level meetings pushed to next week. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
World Bank President David Malpass speaks during an interview with Reuters at the G7 Finance Ministers and Central Bank Governors' meeting, in Niigata, Japan, May 12, 2023. REUTERS/Issei Katois adding to problems facing the slowing global economy, with rising interest rates and high debt levels already choking back investments needed to fuel higher output, World Bank President David Malpass said on Friday.
Group of Seven finance officials meeting in Japan discussed the"very high importance" of raising the U.S. debt limit and averting the negative repercussions of a potential default on U.S. government debt for the first time ever.would be negative for everyone," he told Reuters on the sidelines of the G7 meeting."The repercussions would be bad to not get it done."
Malpass said there had been discussion during the G7 meetings about the need to boost productivity and growth, and also deal with a high debt overhang facing a growing number of countries.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
PacWest stock drops as it reports fresh decline in depositsPacWest Bancorp dropped 21% in premarket trades on Thursday after the bank said it lost 9.5% of deposits during the week ended May 5 amid market volatility...
Leer más »
PacWest, Western Alliance, Bank of Hawaii stocks fall in premarketRegional-bank stocks fell in premarket trades on Thursday after PacWest Bancorp disclosed a 9.5% drop in deposits that took place last week. PacWest stock is...
Leer más »
Stock Market News: Disney, PacWest shares fall, inflation eases, debt ceiling loomsPrices at the producer level eased for a 10th month, Disney shares tumbled after weaker results in its streaming service, PacWest shares slide after disclosing that deposits are down. In Washington, President Biden and Speaker of the House McCarthy continue wrangling as the debt ceiling deadline looms. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Leer más »
PacWest Stock Price Today | NASDAQ PACW Live Ticker - Investing.comView today's PacWest Bancorp stock price and latest PACW news and analysis. Create real-time notifications to follow any changes in the live stock price.
Leer más »
PacWest tumbles on deposit drop, asset pledgePacWest Bancorp said on Thursday deposits declined last week and the bank pledged more assets as collateral to the U.S. Federal Reserve to increase its borrowing capacity, sending shares tumbling 20% in premarket trading.
Leer más »
Stocks making the biggest moves midday: Peloton, Beyond Meat, Alphabet, PacWest & moreThese are the stocks posting the largest moves midday.
Leer más »