U.S. consumers sour on housing market’s buying conditions
A record-low percentage of U.S. consumers believe now is a good time to buy a home, with worries about surging prices and a small supply of houses on the market outweighing improved sentiment about their jobs and income, a survey from home financing giant Fannie Mae showed on Monday.
Wall St dips as investors weigh G7 tax deal risk
The S&P 500 eased on Monday, although it remained 0.5% away from its all-time high, as a deal by the world’s richest nations on a global minimum corporate tax overshadowed bets on a full economic reopening.
U.S. approval of Biogen Alzheimer’s drug sends shares soaring, hailed as ‘big day” for patients
U.S. regulators on Monday approved Biogen Inc’s (BIIB.O) aducanumab as the first treatment to attack a likely cause of Alzheimer’s disease despite controversy over whether the clinical evidence proves the drug works, sending its shares soaring.
MSCI’S ACWI ends at record, oil hits 2-year high
A gauge of global equity markets closed at a record high on Monday as technology shares took in stride a deal by the world’s richest nations on a corporate tax aimed at U.S. tech heavyweights, and oil prices jumped to a two-year high.
Walmart’s Flipkart in talks to raise $3 bln from SoftBank, others – Bloomberg News
Walmart Inc-owned (WMT.N) Indian e-commerce firm Flipkart is in talks to raise at least $3 billion from investors including Japan’s SoftBank Group Corp (9984.T) and several sovereign wealth funds, Bloomberg News reported on Monday.
The United States brushes aside the possibility of a post-Brexit trade agreement with the United Kingdom.
While the United States is the world’s largest economy, Britain’s trade with the EU accounts for a much greater percentage of its annual GDP. That’s why Prime Minister Boris Johnson’s government made it a top priority to negotiate a deal that would prevent tariffs from being imposed on trade between the UK and the EU. […]
EXCLUSIVE Some on Wall Street try options trade to bet against AMC without getting burned
Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other “meme” stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong.
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.
U.S. tech giant shares barely react to G7 tax deal
Shares in U.S. technology giants barely reacted on Monday to a landmark global minimum corporate tax deal agreed between the world’s richest nations, with analysts saying it will take the backing of low-tax nations to have any meaningful impact on the companies’ bottomlines.
Regus owner’s shares slide as COVID-19 curbs, variants slow recovery
Office space provider IWG (IWG.L) warned on Monday that its 2021 core earnings will be well below last year’s crisis-hit level as continuing curbs in some markets and new COVID-19 variants derail recovery, sending its shares as much as 16% lower.
