Biden vows Russia’s Putin will ‘pay a price’ for election meddling: ABC News

WASHINGTON (Reuters) – President Joe Biden said Russian President Vladimir Putin will face consequences for directing efforts to swing the 2020 U.S. presidential election to Donald Trump, and that they would come soon. “He will pay a price,” Biden told ABC News in an interview that aired on Wednesday. Asked what the consequences would come, […]

Dollar wobbles after Fed pushes back against rate hike speculation

TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday after the Federal Reserve signalled it was in no hurry to raise interest rates through all of 2023 even as it saw a swift recovery in the world’s largest economy. The dollar’s index against six major currencies stood at 91.488. It had hit […]

S&P 500 ends at record high as Wall Street rises

(Reuters) – Wall Street climbed on Monday, with the S&P 500 closing at a record high, as investors awaited cues from the Federal Reserve this week amid caution over rising borrowing costs spurred by massive fiscal stimulus.

EU regulator to meet on Thursday to discuss AstraZeneca vaccine

(Reuters) – The European medicines regulator said on Monday it would hold a meeting this week on the information gathered into whether the AstraZeneca COVID-19 vaccine contributed to thromboembolic events in those inoculated. While its investigation is ongoing, the European Medicines Agency remains of the view that the benefits of the AstraZeneca vaccine in preventing […]

Bitcoin falls back sharply after weekend record

TOKYO/LONDON (Reuters) – Bitcoin fell back sharply on Monday after hitting a record high of $61,781.83 over the weekend after U.S. President Joe Biden signed off on his $1.9 trillion fiscal stimulus and ordered an acceleration in vaccinations.

Banks boost European stocks as recovery hopes grow

(Reuters) – Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors on hopes of a solid economic rebound from the coronavirus downturn.