Federal Reserve

Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements

A lobbyist for Exxon Mobil Corp (XOM.N) said the company supports a carbon tax publicly because the plan to curb…

4 years ago

Fast and furious first half of 2021 keeps financial markets at full throttle

After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so…

4 years ago

Five market trends investors are eyeing halfway through 2021

Investors have enjoyed a rewarding ride in the first half of 2021, as unprecedented economic stimulus, stellar earnings growth and…

4 years ago

Dollar drives higher as traders look to Fed clues from U.S. jobs data

The dollar clung to recent gains on Wednesday as virus woes raised concerns in a market already on edge ahead…

4 years ago

Global shares edge lower on new COVID-19 outbreaks in Asia

Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as…

4 years ago

Bank stocks set Dow for higher open ahead of consumer confidence data

The blue-chip Dow index was set to open higher on Tuesday, as shares of big U.S. banks rose, while investors…

4 years ago

Dollar bides time below two-month highs before payrolls test

The dollar hovered below a two-month high versus major counterparts on Tuesday, with traders largely sidelined ahead of a closely…

4 years ago

Asian shares pressured by fears over Delta virus variant, U.S. data in focus

Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery even…

4 years ago

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday they were hiking their capital payouts…

4 years ago

U.S. Commerce chief urges Congress to act on chip funding by August

U.S. Commerce Secretary Gina Raimondo on Monday urged U.S. lawmakers to complete action on a $52 billion boost in government…

4 years ago