Losses

Rishi Sunak's Conservatives on Friday faced heavy losses in UK local elections as voters in many parts of England turned against the party after a turbulent year.The Prime Minister awoke to news that his party was on the verge of…

First Republic Bank saw deposits drop $72 billion in the first three months of the year as the California lender sank into the regional banking crisis that led to the collapse of three of its peers. Deposits fell to $104.5 billion as of…

Key points for feeding minutes:Fed minutes stress the need for Monetary policy Flexibility in light of recent eventsPolicymakers cut their expectations to Federal Open Market Committee The final interest rate in response to the…