Marketmind: China falls short and oil ebbs but banks impress
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone…
US
US banks warn stricter capital rules will raise prices
By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) -U.S. bank executives warned on Friday that looming higher capital requirements…
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising…
Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards…
Britain’s Entain to buy U.S.-based Angstrom Sports for $160 million
(Reuters) – Ladbrokes-owner Entain on Monday agreed to acquire U.S.-based Angstrom Sports for 122 million pounds ($159.5 million) as it…
Take Five: Buddy, can you spare a dollar?
(Reuters) -A meeting of global finance ministers, earnings from U.S. companies whose market value exceeds that of some nations’ entire…
Analysis-For markets, BoE communication is bottom of the class
By Yoruk Bahceli (Reuters) – As markets navigate a likely end to the steepest interest rate rises in decades, investors…
Marketmind: Bland China data leaves market hungry for stimulus
A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is…
Progressive US Democrat Jayapal apologizes for calling Israel ‘racist’
WASHINGTON (Reuters) – Representative Pramila Jayapal, who heads a large group of progressive Democrats in the U.S. Congress, on Sunday…
Summer-tested Phoenix braves relentless wave of extreme heat
By Sharon Bernstein, Rachel Nostrant and Rich McKay (Reuters) -Michael Shields has serviced swimming pools in the Phoenix area for…