All About Everything

Dollar slips, yuan steadies after central bank moves to limit gains

The dollar hovered near five-month lows on Tuesday as investors waited for euro zone inflation data and a U.S. manufacturing survey, while the yuan steadied after China's central bank took steps to limit its appreciation. The dollar index was back below 90 in ...

OPEC+ Gives Little Away as It Sees Oil Market Tightening

"The demand picture has shown clear signs of improvement," Saudi Energy Minister Prince Abdulaziz bin Salman said, in some of his most upbeat comments since the price crash last year. But pressed on whether more supply increases will be needed, he said: ...

Europeans Are in for a Costly Summer as Prices Test Central Bankers' Resolve

"All the cyclical and structural factors add up and point toward a trend reversal," said Gertrud Traud, chief economist at Helaba in Frankfurt. "Once German inflation hits 3%, the labor unions will ask: 'And what about the workers?'".

Increasing The Capital Gains Rate: Tax Planning In A Time Of Flux

Forbes

Forbes

Anticipating President Biden's proposed increase in the capital gains tax rate, taxpayers are deciding whether and how to accelerate gains or how to defer them after an increase for as long as possible.

The Wall Street Journal

From Tesla to GE, See How Much CEOs Made in 2020

The Wall Street Journal

Most S&P 500 CEOs got raises of about 5% or more as their companies recorded annual shareholder returns of about 8%, according to a Wall Street Journal analysis of data from MyLogIQ. See below for ...

Australia central bank holds rates as economy charges ahead

SYDNEY (Reuters) -Australia's central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy stance even as data showed the country's economic output was above its pre-pandemic level and house prices were shooting ...

OPEC Sees Tight Oil Market as Ministers Set for Supply Talks

A year after cutting unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight. The coalition, led by Saudi Arabia and Russia, believes the glut created when the coronavirus pandemic crushed businesses and fuel ...

Fed's Brainard: more 'progress' on recovery ahead, though still far from goals

The United States is getting closer to the Fed's maximum employment and 2% inflation goals, Fed Governor Lael Brainard said on Tuesday, but the depth of the remaining problem still requires the central bank to stick to its super-easy monetary policy until ...

Money Stuff: It's Good to Win a Proxy Fight

We talked a couple of times last week about the plucky and successful activist campaign that hedge fund Engine No. 1 LLC waged against Exxon Mobil Corp. I wrote on Thursday: Actually it's a little mysterious to me what's in it for Engine No. 1?

Reuters Events - Bank of England's Bailey unconvinced by carbon capital rules

LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Tuesday there was no case yet for making financial institutions set aside more capital for climate change risks, even though markets were underpricing the danger of disruption.