Finance

S&P 500 slips after Fed minutes show split over jobs, taper

The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”

Crypto exchange Binance hires former US Treasury criminal investigator

Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

Stocks and oil slide as Delta’s spread muddies economic picture

WASHINGTON, Aug 17 (Reuters) – Major stock indexes slid and oil posted its fourth straight day of declines as investors grappled with mixed economic data and considered the economic impact of the ongoing spread of the Delta coronavirus variant.

Wall Street slumps after weak retail sales, Home Depot results

Wall Street’s main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot (HD.N).

Dollar gains for 2nd day on Afghanistan, Delta variant worries

NEW YORK, Aug 17 (Reuters) – The dollar advanced for a second straight session on Tuesday, bolstered by safe-haven demand, as investors fretted about Afghanistan, a slowing Chinese economy, and the rapid spread of the Delta coronavirus variant which forced some lockdowns.

S&P 500 slips after Fed minutes show split over jobs, taper

The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”

Crypto exchange Binance hires former US Treasury criminal investigator

Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

Stocks and oil slide as Delta’s spread muddies economic picture

WASHINGTON, Aug 17 (Reuters) – Major stock indexes slid and oil posted its fourth straight day of declines as investors grappled with mixed economic data and considered the economic impact of the ongoing spread of the Delta coronavirus variant.

Wall Street slumps after weak retail sales, Home Depot results

Wall Street’s main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot (HD.N).

Dollar gains for 2nd day on Afghanistan, Delta variant worries

NEW YORK, Aug 17 (Reuters) – The dollar advanced for a second straight session on Tuesday, bolstered by safe-haven demand, as investors fretted about Afghanistan, a slowing Chinese economy, and the rapid spread of the Delta coronavirus variant which forced some lockdowns.

Categories