Browsing Category
Wall Street
Wall Street shows confidence to start the new year
BOSTON, Jan 3 (Reuters) - World markets got 2022 off to an optimistic start, with U.S. and European equity markets powering higher on Monday, in parallel with rising oil prices and U.S. Treasury yields.The Dow Jones Industrial Average…
Tornadoes Batter Kentucky, Illinois, With Dozens in Region Feared Dead
Kentucky Gov. Andy Beshear
said the number of deaths in his state could exceed 70 after a series of tornadoes ripped across parts of at least five states overnight Friday and early Saturday morning.Four…
SoFi stock soars after company gains approval for bank charter — ‘a major step forward’
Shares of SoFi Technologies Inc. surged in after-hours trading Tuesday after the financial-technology company said that it won regulatory approval to become a bank-holding company. The company announced late…
Wall Street banks eye ‘new normal’ for trading revenue
A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Jan…
Intel Apologizes After Asking Suppliers to Avoid China’s Xinjiang Region
U.S. semiconductor giant
Intel Corp.
INTC 1.33%
apologized after setting off a social-media backlash with a letter asking suppliers to avoid sourcing from the Chinese region of…
The rollback of free market policies in China
There's a lot to worry about with China these days: its military build up, human rights abuses, intellectual espionage, squelching of Hong Kong, and threats to Taiwan. But tonight, we focus on China's undoing of key free market policies…
How Nasdaq’s Board Diversity Rule Creates Potential for Real Change
On 6 August 2021, the United States Securities Exchange Commission (SEC) approved rules, collectively dubbed Nasdaq’s Board Diversity Rule, relating to the demographics of boards of directors of Nasdaq-listed companies. In the few months…
Is the U.S. stock market closed on Friday for New Year’s Eve? No. It isn’t even closed…
Blame it on an obscure rule. For the first time in a decade, there will be no U.S. stock-market closure in observance of New Year’s Day which falls on a Saturday. U.S. markets will be open on Friday Dec. 31, which…
U.S. SEC approves new U.S. exchange with blockchain feed, faster settlement
NEW YORK, Jan 28 (Reuters) - The U.S. Securities and Exchange Commission (SEC) late on Thursday approved the country's 17th stock exchange, a subsidiary of Boston-based BOX Exchange, which will incorporate blockchain technology.The new…
‘Goodbye, Harry’: Reid’s Memorial Draws Warm Testimonials From Biden and Obama
WASHINGTON — President Biden and former President Barack Obama honored Harry M. Reid on Saturday as a loyal son of Nevada who rose to become a plain-spoken but pivotal leader in the Senate, where he steered landmark Democratic…