by Reuters | Jul 12, 2023 | Asia, Economy, Elections, Politics, Top News, US
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen’s trip to China has raised hopes in Beijing that Trump-era tariffs on Chinese imports may be eased as she tries to smooth relations between the two nations, but...
by Reuters | Jul 12, 2023 | Business, Economy, Technology, US
By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of heavyweight companies that account for nearly half of the...
by Reuters | Jul 12, 2023 | Asia, Business, Economy, Europe, US
(This July 11 story has been corrected to add ‘CoinShares’ in paragraph 2 and ‘funds investing in crypto’ in paragraph 4) By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) – Global hedge funds not specialising in crypto assets...
by Editor, IWD | Jul 11, 2023 | Business, Economy, General
A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position appeared in the publicly available options history, signaling insider knowledge. This is not your average occurrence. A staggering 33 uncommon...
by Reuters | Jul 11, 2023 | Business, Economy, US
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic outlook diminished sharply and sales expectations improved, but a still-tight labor market continued to drive concerns about inflation,...
by Reuters | Jul 11, 2023 | Business, Economy, US
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking. For universal banks such as JPMorgan and Wells Fargo...