
Dollar on tenterhooks as payrolls test looms
The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.

The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.

Wall Street’s main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.”

British finance minister Rishi Sunak said a U.S. proposal to focus on the world’s 100 biggest and most profitable firms as part of a global tax deal could work but he insisted that big tech firms must pay more tax in countries where they operate.

The United States on Wednesday announced 25% tariffs on over $2 billion worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue.

JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in on being the first U.S. bank to have a brick and mortar presence in every state except Alaska and Hawaii, a bank executive said on Wednesday.

Billionaire Bill Gates’ advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyoming to launch the first Natrium reactor project on the site of a retiring coal plant, the state’s governor said on Wednesday.

Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest U.S. exporter on the line, industry insiders say.

Euro zone producer prices rose more than expected in April, boosted by a surge in energy prices, data from the European Union’s statistics office Eurostat showed on Wednesday.

Norway’s sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in oil and gas rather than green stocks, according to research from Global SWF, an industry data specialist.

Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase (COIN.O) will make the crypto unit available to its users on its trading platform.

The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.

Wall Street’s main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.”

British finance minister Rishi Sunak said a U.S. proposal to focus on the world’s 100 biggest and most profitable firms as part of a global tax deal could work but he insisted that big tech firms must pay more tax in countries where they operate.

The United States on Wednesday announced 25% tariffs on over $2 billion worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue.

JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in on being the first U.S. bank to have a brick and mortar presence in every state except Alaska and Hawaii, a bank executive said on Wednesday.

Billionaire Bill Gates’ advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyoming to launch the first Natrium reactor project on the site of a retiring coal plant, the state’s governor said on Wednesday.

Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest U.S. exporter on the line, industry insiders say.

Euro zone producer prices rose more than expected in April, boosted by a surge in energy prices, data from the European Union’s statistics office Eurostat showed on Wednesday.

Norway’s sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in oil and gas rather than green stocks, according to research from Global SWF, an industry data specialist.

Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase (COIN.O) will make the crypto unit available to its users on its trading platform.
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