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Day: July 12, 2023

NATO allies offer Ukraine security assurances as Biden hits out at ‘craven’ Putin
EuropeMiddle EastPoliticsTop NewsUS

NATO allies offer Ukraine security assurances as Biden hits out at ‘craven’ Putin

By Steve Holland, Andrew Gray, John Irish and Sabine Siebold VILNIUS (Reuters) -President Joe Biden accused Russian President Vladimir Putin…

July 12, 2023July 12, 2023
Nasdaq leads Wall St to higher close as CPI report lifts sentiment
BusinessEconomyUS

Nasdaq leads Wall St to higher close as CPI report lifts sentiment

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…

July 12, 2023July 12, 2023
US economy shifts into disinflation mode; consumer prices rise modestly
BusinessEconomyTop NewsUS

US economy shifts into disinflation mode; consumer prices rise modestly

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…

July 12, 2023July 12, 2023
Options hedges against a break in US stock market calm at record high
BusinessEconomyUS

Options hedges against a break in US stock market calm at record high

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…

July 12, 2023July 12, 2023
Shopify to launch AI assistant for merchants
BusinessCanadaScienceTechnology

Shopify to launch AI assistant for merchants

(Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on…

July 12, 2023July 12, 2023
Yellen raised China’s hopes for tariff cut; U.S. politics will crush them
AsiaEconomyElectionsPoliticsTop NewsUS

Yellen raised China’s hopes for tariff cut; U.S. politics will crush them

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen’s trip to China has raised hopes…

July 12, 2023July 12, 2023
What is Nasdaq’s special rebalancing and its impact?
BusinessEconomyTechnologyUS

What is Nasdaq’s special rebalancing and its impact?

By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this…

July 12, 2023July 12, 2023
Hedge funds grow more cautious on crypto after turmoil
AsiaBusinessEconomyEuropeUS

Hedge funds grow more cautious on crypto after turmoil

(This July 11 story has been corrected to add ‘CoinShares’ in paragraph 2 and ‘funds investing in crypto’ in paragraph…

July 12, 2023July 12, 2023

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