New York City halts Capital One deposits

Source: Dukascopy Bank SA
The New York City Banking Commission has voted to stop deposits into the city's accounts at Capital One and KeyBank after a failure of the bank to submit anti-discrimination plans.
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Fri, 26 May 2023 12:50:32 GMT

US publishes higher PCE inflation

The US Bureau of Economic Analysis has just published its monthly Core PCE Price Index. The index was expected to reveal personal consumption expenditures to have increased by 0.3%. The actual increase has been revealed to be 0.4%.

Fri, 26 May 2023 14:30:04 GMT

Department of Justice hunts short sellers

The US Justice Department has revealed that in the upcoming months it would take actions against short sellers, which are being blamed for the recent US regional bank rout.

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