Wall Street cheers cool CPI with stock rally; dollar, yields decline
By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S….
Economy
Crypto ransom attacks rise in first half of 2023 – Chainalysis
By Elizabeth Howcroft LONDON (Reuters) – Crypto crime fell overall in the first six months of 2023, but the volume…
Steve Bannon, Michael Flynn must answer questions in Smartmatic US defamation case
By Jack Queen (Reuters) – Steve Bannon and Michael Flynn, two allies of former U.S. President Donald Trump, must answer…
US dollar stumbles, drops to more than one-year low as inflation eases in June
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…
Banks can manage outflow risk in Fed’s new payment service system, Mester says
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….
US economic activity rose slightly in recent weeks, Fed survey shows
(Reuters) – U.S. economic activity increased slightly in recent weeks, with slow growth seen continuing in coming months, according to…
Oil prices settle up as mild US inflation data calms fear of Fed rate hike
By Laura Sanicola (Reuters) -Oil prices settled higher on Wednesday, with benchmark Brent futures breaching $80 a barrel for the…
Traders Betting on a Bearish Outlook for Abbvie
AbbVie (NYSE: ABBV) has caught the attention of a deep-pocketed individual or institution with a bearish outlook, and…
US economy shifts into disinflation mode; consumer prices rise modestly
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…
Why is Zscaler Tanking Today?
Zscaler, Inc. (NASDAQ: ZS) faced a sharp decline in its shares on Wednesday due to concerns arising from…