Wall Street Ends Down On Fears Inflation Will Force Tougher Fed Tightening
By Echo Wang (Reuters) – Wall Street’s main indexes extended losses on Friday as investors worried that the Federal Reserve…
Macro Hedge Funds Lead Industry Gains In April
NEW YORK (Reuters) – Hedge funds posted gains of 2.33% in April, mostly driven by macro funds, which managed to…
Illumina Ordered To Pay BGI Subsidiary $333 Million In DNA-sequencing Patent Case
By Blake Brittain (Reuters) -A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to a…
Tesla covers travel costs for workers seeking abortions
Tesla is covering travel costs for employees seeking out-of-state abortions, joining the ranks of major companies who’ve introduced a similar…
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose nearly 1.5% on Friday, posting a second straight weekly increase as impending…
Illumina Ordered To Pay Chinese Company $333 Million In Gene-sequencing Patent Case
By Blake Brittain (Reuters) – A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to…
Wall Street Ends Week On Down Note After Jobs Report
By Echo Wang (Reuters) – Wall Street ended lower on Friday amid concerns about rising Treasury yields and the prospect…
EXPLAINER: More pressure on the Fed from April jobs report
WASHINGTON (AP) — Friday’s jobs report for April provided mixed signals on the economic issue most on the minds of…
Dollar Index Slips From 20-year High, Fed Rate Path In Focus
By Karen Brettell NEW YORK (Reuters) – The dollar slipped against a basket of currencies on Friday after two volatile…
U.S. Summer Travelers Can Expect Long Lines, Higher Prices As COVID Restrictions Ease
(Refiling to reflect change of company name from Smith Travel Research Inc to STR in paragraph 6) By Doyinsola Oladipo…