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FBI director sees 'parallels' between challenge posed by ransomware attacks and 9/11 Washington (CNN) FBI Director Christopher Wray sounded the alarm on ransomware in stark terms by likening the challenge posed by the recent spate of damaging cyber attacks on the US to the September 11 terrorist attacks, calling for a similar response.
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Dollar gains as strong run of data turns all eyes to payrolls The dollar was perched at multi-week highs on Friday, after notching up its biggest gains in about a month following robust jobs data that threw investors' focus on to the strength of the U.S. recovery and the possibility of policy tightening. The next test comes ...
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China aims to slow yuan's rise but likely to avoid drastic steps - policy sources BEIJING (Reuters) - China is likely to lean on incremental steps to slow the yuan's gains to deter speculators and help its exporters, shunning drastic measures that could undermine its goal to liberalise the currency and boost the yuan's global clout, policy ...
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US economy adds 559000 jobs in May, as the recovery shows signs of strength amid head winds The unemployment rate dropped to 5.8 percent from 6.1 percent but sidelined workers who stopped looking for work aren't flooding back into the labor market, as the labor force participation rate ticked the wrong direction — down slightly.
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Global equities climb, dollar drops as US jobs data ease inflation fright Global stocks, oil and gold rallied while the dollar fell on Friday, after U.S. nonfarm payrolls data showed hiring increased in May as the coronavirus pandemic eased, but not quite as much as expected, tempering expectations the Federal Reserve will tighten ...
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Dollar steadies near three-week high ahead of US payrolls data LONDON (Reuters) - The dollar index held near a three-week high on Friday and moves in currency markets were muted as traders waited for closely-watched U.S. non-farm payrolls data later in the session. FILE PHOTO: A picture illustration shows U.S. ...
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Peloton Stock Should Rally Further While Peloton trades at a relatively lofty 6x projected FY'22 revenues (fiscal years end in June), this is justified by its high growth rates and thick margins. Consensus estimates point to a healthy 30% plus growth in revenues over FY'22 and gross margins have ...
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After sharp weekly gains, oil prices slip as coronavirus gloom persists SINGAPORE (Reuters) -Oil prices eased on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over recovering fuel demand. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at ...
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After sharp weekly gains, oil prices steady as coronavirus concerns resurface SINGAPORE (Reuters) -Oil prices recouped early losses and steadied on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over recovering fuel demand. FILE PHOTO: Crude oil storage tanks are ...
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Was the Jobs Report Good? It's in the Eye of the Beholder. With Americans divided over who bears credit for the economic recovery, we spoke with our reporter Ben Casselman about the latest job numbers.
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