Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after logging a multiday winning streak Traders on the floor of the NYSE, March 29, 2022. Source: NYSE US stock futures pointed to a lower open Wednesday, one day after the Dow Jones […]
US Senator Elizabeth Warren (D-MA) questions Treasury Undersecretary For Domestic Finance Nellie Liang as she testifies before the Senate Banking Committee, in Washington, DC, February 15, 2022. Win McNamee | Pool | Reuters Sen. Elizabeth Warren on Tuesday praised the Biden administration’s renewed effort to introduce a new tax on the country’s wealthiest households, calling […]
Vice President Kamala Harris on Wednesday will join a group that includes leaders of corporate giants to promote a $4.7 billion commitment to boosting minority-owned businesses and underrepresented communities in Washington, DC, and surrounding areas. Harris will speak at an event at Howard University where the Greater Washington Partnership, a nonprofit civic alliance, will unveil […]
Saudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. yves herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices. […]
The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun the oil exporter over its war in Ukraine. Speaking to CNBC on Monday, Suhail Al Mazrouei, a former president of the oil alliance, said no other country could match […]
Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The UK government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A US senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy filing or threaten workers’ jobs in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s board of […]
Treasury Secretary Janet Yellen on Friday said she does not believe the US should impose sanctions on China because of its ties to Russia. “I don’t think that that’s necessary or appropriate,” the Treasury secretary told “Squawk Box” of potential penalties on Beijing. “Senior administration officials are talking privately and quietly with China to make […]
What better time to invest in financials than at a time with rampant inflation and a Federal Reserve promising 11 rate hikes over the next two years? That’s not the view at Deuterium Capital, which is expecting a sharp slowdown in the economy. The Deuterium Global Dynamic Allocation Fund is mostly driven by a macroeconomic […]
Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of US technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]
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