Big bank earnings, CPI data expected later this week US casino operators fall as Macau closes casinos Market-leading growth stocks drag the Nasdaq lower Indices down: Dow 0.52%, S&P 1.15%, Nasdaq 2.26% NEW YORK, July 11 (Reuters) – US stocks lost ground on Monday as a lack of catalysts led market participants to cautiously approach … Read more
Power lines are seen during a heat wave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S., June 12, 2022. REUTERS/Shelby Tauber/File Photo Sign up now for FREE unlimited access to Reuters.com to register HOUSTON, July 10 (Reuters) – The Texas power grid operator on Sunday urged residents in the state to … Read more
People pass an electronic screen showing Japan’s Nikkei stock price index at a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Sign up now for FREE unlimited access to Reuters.com to register European stocks down 1.3%, S&P 500 futures down 0.8% Dollar tops 137 yen ahead of US CPI, inflation expectations The banks … Read more
Residents wearing face masks queue to get tested for coronavirus disease (COVID-19) in Macau, China, July 4, 2022. REUTERS/John Mak Sign up now for FREE unlimited access to Reuters.com to register More than 30 zones locked down across the city Four rounds of mass COVID testing are planned this week Casinos in Macau have been … Read more
SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, U.S. June 13, 2019. REUTERS/Mike Blake/ Sign up now for FREE unlimited access to Reuters.com to register July 9 (Reuters) – Elon Musk avoided discussing the failed Twitter deal, only repeating claims about problems with fake accounts on … Read more
Rogers dominates Canada’s telecoms sector Banking services down, transportation disrupted The outage renewed criticism of competition in the telecoms sector TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at one of Canada’s largest telecoms operators cut off access to banks, transportation and government services for millions all day Friday, sparking outrage from customers and … Read more
July 8 (Reuters) – Three former employees of JPMorgan Chase & Co (JPM.N) worked together to defraud other traders in the precious metals futures market, a US prosecutor told a jury during opening statements in a closely watched criminal trial in Chicago on Friday. Former head of the bank’s global precious metals division Michael Nowak, … Read more
Non-farm payrolls increase by 372,000 in June Private sector employment back above pre-pandemic levels Unemployment rate remains stable at 3.6% The average hourly wage increases by 0.3%; 5.1% more than in the previous year WASHINGTON, July 8 (Reuters) – US employers hired far more workers than expected in June and continued to steadily hike wages, … Read more
July 7 (Reuters) – Spirit Airlines Inc (SAVE.N) said it has postponed a shareholder vote scheduled for Friday on its $2.4 billion sale to Frontier Group Holdings Inc (ULCC.O). its board can continue discussions with Frontier and JetBlue Airways. Reuters initially reported the planned delay. In recent months, JetBlue and Frontier, led by influential airline … Read more
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 game show in Los Angeles, California, U.S. June 13, 2019. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com to register July 6 (Reuters) – Tesla Inc. (TSLA.O) chief executive Elon … Read more