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FOREX-Dollar licks wounds after payrolls shock, focus turns to inflation ... * Cable jumps most among majors despite Scottish referendum risk * Canadian dollar touches fresh 3-1/2-year top * Cryptocurrency ether hits record above $4,000 By Kevin Buckland TOKYO, May 10 (Reuters) - The dollar sank to a more than two-month ...
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Money Stuff: Dogecoin Jokes Didn't Help the Price One possible reason for this is that Elon Musk is a rich famous weird guy with a fandom; people pay attention to what he does and get entertainment out of it. When he seems to have fun with Bitcoin, other people say "hey Bitcoin looks fun" and buy Bitcoin, so the ...
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Stocks Face Inflation Risk in Market With Fewer Reasons to Rally Weaker-than-forecast payrolls data Friday offered relief to equity investors betting on continued government support. Yet the report also points to a risk for a stock market that is running out of catalysts to move higher: A labor shortage that could add to ...
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Price Check: Inflation Data This Week Could Give New Hints At Economy's Path Key Takeaways: Inflation data front and center this week after Friday's sluggish jobs report; Hotels, casinos on the front line as Marriott, Wynn issue earnings today; With earnings season winding down, 86% of S&P 500 firms beating estimates. If last week was ...
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Nasdaq Futures Slip as Commodities Stoke CPI Fear: Markets Wrap Nasdaq futures fell as surging commodity prices stoked concern about whether inflation will derail a growth rebound in the world's largest economy and spoil a record stock rally. The tech-heavy index has been whipsawed by the prospect of inflation which ...
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Cryptocurrency ethereum hits new record high again; dogecoin slumps NEW YORK/LONDON/SINGAPORE (Reuters) -Cryptocurrency ethereum climbed to a new peak for a third straight day on Monday on continued optimism about further growth in decentralized finance or "DeFi", although some analysts said it was overvalued at ...
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First on CNN: Senators ask airlines to change terms or refund flight credits (CNN) Would-be air travelers hold billions of dollars in credits for future flights, and two US senators want airlines to drop restrictions like expiration dates -- or to refund the customers in cash. Sens. Ed Markey and Richard Blumenthal, both Democrats, are ...
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Bitcoin ETF Approval Odds Grow Longer After Gensler Critique At least nine new U.S. crypto ETF filings stoked optimism regulatory approval was close. Wall Street's top cop all but doused it with a string of comments last week. Freshly sworn-in Securities and Exchange Commission Chairman Gary Gensler told Congress ...
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Vanguard Plans Capital Boost in Ant Venture After China Retreat Vanguard Group and Ant Group Co. plan to boost capital at their joint robo advisory in China just weeks after the U.S. fund giant announced a surprise pull back from the trillion-dollar mutual fund market. The companies are in talks to increase the total ...
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Alibaba's Ant Group will let more users test China's digital yuan MYbank, an online-only bank in which Ant has a 30% stake, is now allowing some users to link their accounts with China's digital currency app, state-backed China Securities Journal said Monday.
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