Yen eyes 5-week high as focus turns to US presidential debate, inflation
By Kevin Buckland TOKYO (Reuters) – The yen hovered near a five-week peak and the dollar hung close to a three-week top versus the euro on Wednesday, as traders waited…
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US Treasury says Yellen tests positive for COVID, working from home
(Reuters) – U.S. Treasury Secretary Janet Yellen tested positive for COVID-19 on Tuesday after experiencing symptoms, but is engaged in her duties while working from home, Treasury spokesperson Lily Adams…
Morning Bid: Disinflation dynamics deepen
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The slide in oil and commodity prices is garnering more attention as investors await Wednesday’s U.S.…
Employee of French drugmaker Ipsen to plead guilty to US insider trading
By Nate Raymond BOSTON (Reuters) -An employee of French drugmaker Ipsen has agreed to plead guilty to illegally making more than $262,000 by trading on inside information he learned about…
Volkswagen scraps decades-old job guarantees, paving way for lay-offs
By Victoria Waldersee FRANKFURT (Reuters) -Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the…
Fed’s upcoming projections to signal deeper cuts than previously expected: Citi
Investing.com — The Fed’s updated projections are likely to show that policymakers warming up to cutting rates deeper than previously expected to shore up the economy, Citi analysts said in a recent note,…
Three ways to manage surging pet care costs
By Chris Taylor NEW YORK (Reuters) – Joy Benson may have a career as an executive personal assistant in Dallas, but her real boss is short of stature, very hairy…
ASML needs licence to service some equipment in China, Dutch government says
By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Tuesday clarified that ASML (AS:ASML) needs a licence to provide spare parts and software updates for computer chipmaking equipment it has…
How Harris’ and Trump’s tax and spending plans affect US debt
By David Lawder WASHINGTON (Reuters) – Vice President Kamala Harris and Republican opponent Donald Trump have floated new tax breaks and spending plans, as they try to win votes by…
Portion of insured Americans was 92% in 2023, Census data shows
By Amina Niasse NEW YORK (Reuters) – The portion of Americans who had health insurance for all or part of the year in 2023 was 92%, compared with 92.1% for…