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US factory activity cools; cost pressures mounting WASHINGTON (Reuters) - U.S. factory activity slowed in early February likely as a global semiconductor chip shortage hurt production at automobile plants, while prices of inputs and manufactured goods soared, which could heighten fears of strong inflation ...
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Biden administration, vaccine makers scramble to outflank coronavirus variants Biden administration officials, pharmaceutical companies and scientists are racing to get ahead of a coronavirus that has become a more aggressive shape shifter than many expected. But they are confronting basic questions about where the variants are ...
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Bitcoin hits $1 trillion market cap, soars to another record high NEW YORK/LONDON (Reuters) - Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices. The world's most ...
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Wall Street Week Ahead - Rising US bond yields pose new threat to sky-high stocks NEW YORK (Reuters) - The U.S. stock market has so far digested a surge in Treasury yields, but some investors are worried that a continued ascent could prove more problematic. The Wall St. sign is seen outside The New York Stock Exchange (NYSE) in ...
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FOREX-Dollar extends decline as risk appetite favors equities ... * Graphic: World FX rates tmsnrt.rs/2RBWI5E (Adds new quote, changes dateline to NEW YORK (was LONDON), changes byline) By Stephen Culp NEW YORK, Feb 19 (Reuters) - The dollar lost ground on Friday, extending Thursday's decline as improved ...
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Stronger economic data could power stocks that thrive in a rebound in the week ahead That so-called reflation trade sent the 10-year Treasury yield to its highest level in a year. Federal Reserve Chairman Jerome Powell speaks Tuesday and Wednesday before the Senate Finance Committee and House Financial Services ...
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Oil extends losses as Texas prepares to ramp up output after freeze NEW YORK (Reuters) - Oil prices fell for a second day on Friday, retreating further from recent highs as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages. FILE PHOTO: The sun is seen ...
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NatWest Plans Withdrawal From Ireland With Ulster Closure NatWest Group Plc will close Ulster Bank in the south of Ireland, exiting after more than 150 years and placing as many as 2,800 jobs in jeopardy. NatWest will wind down the business in coming years, the company said on Friday, ending months of ...
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Oil extends losses as Texas prepares to ramp up output after freeze NEW YORK (Reuters) - Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages. FILE PHOTO: The sun is seen ...
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Did Your Business Get A PPP Loan For $2 Million Or More? Focus On These 7 Questions On SBA Form 3509 The Form was created by the SBA in order to evaluate the borrowers good-faith certification surrounding the need for funding due to current economic uncertainty at the time of the PPP application. Even though the SBA has ...
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