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U.S. Treasury's Yellen extends debt limit default deadline to Dec. 15

11/17/2021 Comments Off on U.S. Treasury's Yellen extends debt limit default deadline to Dec. 15

FILE PHOTO: Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERSWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen

Business

Wall St Week Ahead: Some worry U.S. stocks rally more 'Fear Of Missing Out' than fundamentals

11/12/2021 Comments Off on Wall St Week Ahead: Some worry U.S. stocks rally more 'Fear Of Missing Out' than fundamentals

NEW YORK (Reuters) – A record-setting run in U.S. stocks has made some investors wary as concerns grow over the market’s vulnerability to surging inflation, tighter Federal Reserve policy and

Business

Wall Street takes a breather after record rally, GE jumps on split

11/09/2021 Comments Off on Wall Street takes a breather after record rally, GE jumps on split

(Reuters) – Wall Street’s main indexes retreated from record highs on Tuesday as a solid rise in producer prices last month deepened concerns over inflation, while General Electric jumped on

Business

U.S. private payrolls beat expectations in October; worker shortages linger

11/03/2021 Comments Off on U.S. private payrolls beat expectations in October; worker shortages linger

WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in October, suggesting the labor market and overall economy were regaining momentum early in the fourth quarter, though worker and

Business

Analysis-With Fed taper expected, investors brace for rate hikes on horizon

11/02/2021 Comments Off on Analysis-With Fed taper expected, investors brace for rate hikes on horizon

(Reuters) – As the U.S. Federal Reserve gears up to taper its huge asset purchases, investors reeling from gyrations in the bond market are scanning the road ahead for signs

Business

Biden to warn Turkey's Erdogan against 'precipitous' actions

10/30/2021 Comments Off on Biden to warn Turkey's Erdogan against 'precipitous' actions

U.S. President Joe Biden reaches out to shake hands with Turkey’s President Recep Tayyip Erdogan during a group photo at the G20 summit in Rome, Italy October 30, 2021. Evan

World News

Futures slip after Apple, Amazon results reignite supply, labor woes

10/29/2021 Comments Off on Futures slip after Apple, Amazon results reignite supply, labor woes

(Reuters) – The S&P 500 and the Nasdaq indexes looked set to drop from record highs on Friday, as results from mega-cap firms Apple and Amazon.com reignited concerns of labor

Business

Democrats scrap bank reporting requirement from U.S. spending package

10/28/2021 Comments Off on Democrats scrap bank reporting requirement from U.S. spending package

FILE PHOTO: The sun rises behind the dome of the U.S. Capitol, days after Democratic leaders of the U.S. House of Representatives delayed a planned vote on a $1 trillion

Business

Nasdaq hits record high with Apple, Amazon results on deck

10/28/2021 Comments Off on Nasdaq hits record high with Apple, Amazon results on deck

NEW YORK (Reuters) – The Nasdaq hit a record high on Thursday, boosted by gains in Apple and Amazon ahead of their quarterly earnings, while solid results from companies such

Business

U.S. consumer confidence rebounds; house price growth likely peaked

10/26/2021 Comments Off on U.S. consumer confidence rebounds; house price growth likely peaked

WASHINGTON (Reuters) – U.S. consumer confidence unexpectedly rose in October as concerns about high inflation were offset by improving labor market prospects, suggesting economic growth was picking up after a

Business

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