Markets
By Svea Herbst-Bayliss (Reuters) -Billionaire investor Bill Ackman, who led a campaign criticizing Harvard University as it has been rocked by turmoil over practices related to antisemitism, plagiarism and financial management, on Friday failed in a bid to get four candidates on the ballot for a governing board of the…
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns around Chinese demand. March futures, which expire on Wednesday, rose 47 cents to settle at $82.87 a barrel. The more active April contract…
By Herbert Lash and Stefano Rebaudo NEW YORK (Reuters) -The dollar slid against major currencies on Tuesday, a day after it rose to its highest level in almost three months, as strong economic data and a hawkish stance on interest rates by Federal Reserve officials bolster the U.S. currency. Robust…
Last updated: April 9, 2024 06:53 EDT | 2 min read Fake Elon Musk YouTube streams supposedly promoting crypto schemes aren’t new. On Monday, total solar eclipse, that dazzled millions in the US, was allegedly livestreamed by a fake SpaceX YouTube channel.The live telecast featured business tycoon and SpaceX CEO…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political…
By David Lawder WASHINGTON (Reuters) – The U.S. and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transtlantic marketplace for minerals and other components, the EU’s top trade official said on Tuesday. European…
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – A resurgent dollar is more likely to stay strong than not over the coming months, according to foreign exchange strategists polled by Reuters, as markets reassess how soon the Federal Reserve may cut interest rates. Bucking a brief downward trend that…
Last updated: April 8, 2024 08:26 EDT | 2 min read Investor interest in digital asset investment products remains strong as evidenced by the recent inflows into various digital asset investment products. According to a report by CoinShares, a total of $646 million poured into these vehicles, pushing the year-to-date inflows to…
HONG KONG (Reuters) – Cash-strapped developer Country Garden said on Saturday more than 30 of its projects had been listed by Chinese local governments as suitable for financing support, as authorities aim to inject liquidity into the crisis-hit sector. China’s largest private property developer said in a statement to Reuters…
By Shariq Khan NEW YORK (Reuters) – A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes. Fuel price surges from extreme…