EXPLAINER-How excess cash is playing out in U.S. reverse repo and money markets
NEW YORK, July 2 (Reuters) – The U.S. debt ceiling comes back into effect at the end of July, putting pressure on the Treasury to […]
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Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and more
Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company's stock is up 3% after announcing founder Sir Richard […]
Continue reading »UPDATE 1-Sri Lanka extends exchange controls, bonds under fire
(Adds details, fund manager quotes, background) LONDON, July 2 (Reuters) – Sri Lanka extended foreign exchange controls for another six months on Friday in its […]
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Assets Invested in Smart Beta ETFs and ETPs Listed Globally Reached a Record US$1.22 Trillion at the End of May 2021
By ETFGI ETFGI, an independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reports assets invested in Smart Beta ETFs […]
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The US economy added 850,000 jobs in June
New York (CNN Business)It’s lucky sevens for investors: The blue-chip S&P 500 index is on track to end at a record high for the seventh […]
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Southwest Airlines canceled 2,600 flights in June; crews say they're exhausted
As Americans flock back to air travel, airlines are scrambling to retrain crew and staff airport operations positions — the job hasn’t been easy with […]
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The first advance child tax credit arrives this month. Here's everything you need to know
More than 36 million families will have a little extra money in their bank accounts this month as the first advance child tax credit (CTC) […]
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'We don't know how much money we have'—California fire victims are at the mercy of Wall Street
A $13.5 billion fund to compensate California wildfire victims includes millions of shares of PG&E stock, which has been underperforming the market. The fund, set […]
Continue reading »FACTBOX-China's regulatory probes into Didi
BEIJING, July 2 (Reuters) – Chinese cyberspace regulator said it has launched a new cyber security investigation into ride-hailing giant Didi Global Inc to prevent […]
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A look at 8 lawmakers appointed to probe Jan. 6 attack
WASHINGTON — House Speaker Nancy Pelosi is acting swiftly to launch a new investigation of the violent Jan. 6 attack on the U.S. Capitol, choosing […]
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Singapore manufacturing activity remains upbeat, expands for 12th straight month
SINGAPORE – Manufacturing activity stayed on the boil in June to record a 12th straight month of expansion. The sector has led the country’s recovery […]
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Biden is set to host a naturalization ceremony to celebrate Independence Day.
By Chris Cameron President Biden will host a naturalization ceremony on Friday afternoon at the White House as part of an effort by the federal […]
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5 All-American 4th of July Stocks to Buy for Year-Round Gains
If there is any holiday celebrated in the United States that is among the favorites among all citizens, it has to be Independence Day. It […]
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One way to bet on upside in General Electric ahead of earnings this month
Optimism is building around General Electric's stock. Several research firms turned positive on the industrial play in recent weeks, with Citi reiterating its buy rating […]
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Global equity funds see third successive weekly inflows- Lipper
(Reuters) – Global investors were net buyers of equity funds for a third successive week in the week to June 30. However, a resurgence of […]
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Controversial Bitcoin billionaire dies suddenly, leaving $2B fortune in limbo
More On: bitcoin Young investors are abandoning stocks for crypto — and making millions US senator advises buying Bitcoin for retirement Mexico bans crypto at […]
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MGNREGA work demand remains muted; down 28% Y-o-Y
The continuing slump in demand in June 2021 could be because of migrants returning to their original workplaces. For the second month running, the demand […]
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Britain reports 50,824 new cases of Delta variant in latest week
FILE PHOTO: People wear protective masks as they walk with suitcases through the city centre, amid the outbreak of the coronavirus disease (COVID-19) in Manchester, […]
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Olympics-True heroes in Tokyo will be medical workers, says pilot from 1964 Games
FILE PHOTO: Japanese air force’s aerobatic team Blue Impulse draws Olympic rings in the sky at the opening ceremony of the 1964 Tokyo Olympic Games, over […]
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Mumbai has 4-fold jump in property registration in June
At 3,300 units, the number of new apartments sold (fresh sales) in June was more than double, compared to 1,554 units sold in May, and […]
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