Stocks extend gains after sell-off amid positive data, Fed’s rate signals
By Huw Jones and Chibuike Oguh LONDON/NEW YORK (Reuters) -Global shares extended gains on Friday, recovering further from their recent big sell-off and boosted by
Exclusive-US to lift ban on offensive weapons sales to Saudi Arabia, sources say
By Humeyra Pamuk, Patricia Zengerle and Steve Holland WASHINGTON (Reuters) – The Biden administration has decided to lift a ban on U.S. sales of offensive
Global investors pour into money market funds amid market volatility
(Reuters) – Global investors funnelled substantial amounts into money market funds in the seven days to Aug. 7 as they rushed for safety amid a
Hedge funds pile into bearish Japanese stock bets, bank says
By Carolina Mandl NEW YORK (Reuters) – Hedge funds added bearish bets in Japanese stocks at the fastest pace in over five years for a
Under Armour posts surprise profit on leaner inventory, higher margins
By Savyata Mishra (Reuters) -Under Armour posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time
Analysis-OpenAI is a bigger threat to Google than US regulators
By Aditya Soni and Kenrick Cai (Reuters) – Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on
Nasdaq considers stricter delisting rules for penny stocks
(Reuters) – Nasdaq is proposing amendments to its rules pertaining to penny stocks to put a faster, more stringent delisting process in place for non-compliant
Trump says president should have say in Fed decisions
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Thursday that U.S. presidents should have a say over decisions made by the Federal Reserve.
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell. The online
Delta passengers sue airline for refusing refunds after massive computer outage
By Jonathan Stempel (Reuters) -Delta Air Lines was sued by passengers who complained that the carrier refused to offer full refunds after delaying or canceling