© Reuters. By Geoffrey Smith Investing.com — A fresh Chinese clampdown sends cryptocurrencies tumbling. The Federal Reserve releases the minutes of its latest policy meeting. Inflation data from around the world show price gains accelerating. Target , TJX and Lowe’s (NYSE:LOW) shed more light on domestic retail strength, and oil prices tumble on reports of progress…
Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of the Nord Stream 2 pipeline, after a report said the Biden administration was set to lift them.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Updates throughout)
Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now.
TOKYO (Reuters) – Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now.FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonAlso weighing on digital coins was a new Chinese ban…
Oil prices fell for a second day on Wednesday on the potential of Iranian supply returning and as investors sold on speculation that inflation fears might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.U.S. West Texas Intermediate (WTI) crude futures dropped 73 cents, or 1.1%, to $64.76 a barrel…
The S&P 500 declined slightly on Tuesday after major retailers including Walmart and Home Depot posted better-than-expected earnings alongside a sharp decline in telecom stocks and weak housing starts data.
The IPO market is gearing up for a hot close to the second quarter and a hotter Q3. That’s The Exchange’s takeaway from recent IPO filings from Monday.com (enterprise planning and communications) and a number of SPAC-led combinations from Bird (scooter sharing), Bright Machines (AI-powered microfactories) and others. Looking ahead, Squarespace (site design and hosting) will direct…
COLUMBUS, Ohio, May 18, 2021 /PRNewswire/ — Summer travel is officially on, with 67% of Americans planning to take a much-needed and well-deserved vacation between June and August this year.* To help travelers get back into the driver’s seat, Red Roof®, the leader in economy lodging, has launched ‘Rest + Repeat,’ the perfect summer offer that gives…
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