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Category: Economy

FDIC is approaching potential buyers of Republic First, Bloomberg News reports
Economy

FDIC is approaching potential buyers of Republic First, Bloomberg News reports

April 24, 2024April 25, 2024

(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with

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Gulf markets subdued on geopolitical tensions, US rate cut concerns
Economy

Gulf markets subdued on geopolitical tensions, US rate cut concerns

April 21, 2024April 21, 2024

By Ateeq Shariff (Reuters) – Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding U.S. Federal Reserve policy.

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NY Fed sees more time needed to shrink central bank holdings
Economy

NY Fed sees more time needed to shrink central bank holdings

April 17, 2024April 17, 2024

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its balance sheet will likely run into 2025 before the process

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