U.S. officials up pressure on firms, foreign adversaries over cyberattacks
U.S. officials on Sunday ratcheted up pressure on companies and foreign adversaries to fight cybercriminals, and said President Joe Biden is considering all options, including a military response, to counter the growing threat.
Asia breathes sigh of relief as U.S. jobs fail to shock
Asian shares firmed on Monday while the dollar wavered after the anxiously awaited May U.S. payrolls report showed the recovery on track but not so hot that it might bring forward a policy tapering from the Federal Reserve.
Investors see Biden’s 15% minimum tax offer as positive
Investors hailed U.S. President Joe Biden’s offer on Thursday to scrap his proposed 28% corporate tax hike as a move in the right direction and embraced the idea of a compromise that could allow an infrastructure and tax package to move through Congress.
S&P 500, Nasdaq dragged by tech as upbeat data fans inflation fears
U.S. stocks ended lower on Thursday, with tech shares dragging on the S&P 500 (.SPX) and Nasdaq (.IXIC), as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes.
White House warns companies to step up cybersecurity
The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a meatpacking company and a southeastern oil pipeline.
Climate change risks will affect U.S. bank capital in long-run – official
U.S. regulators will “eventually” have to factor climate change risks into bank capital rules, but it is still too soon to say when that would become necessary, a top official told Reuters.
China holds economic talks with second top U.S. official in a week
Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual “concern”, in his second virtual call in a week with top economic and trade officials under the U.S. Biden administration.
Biden suspends Trump-era oil and gas leases in Alaska refuge
U.S. President Joe Biden’s administration on Tuesday said it would suspend oil and gas leases that were handed out in an Alaska wildlife refuge during the final days of the Trump administration pending an environmental review.
Is it all Greek to you? Coronavirus variants get new names
Coronavirus variants with clunky, alphanumeric names have now been assigned the letters of the Greek alphabet to simplify discussion and pronunciation while avoiding stigma.
Wall St Week Ahead Betting against volatile stock market makes comeback as summer nears
Some investors are revisiting a popular trade that has largely been out of favor since last year’s market tumble: betting against stock market turbulence.
