BUSINESS

Treasury’s cash pile is a ‘wild card’ with new administration

Treasury’s cash pile is a ‘wild card’ with new administration

(Bloomberg) — A change in the US Treasury’s leadership is likely to shift how the department treats the cash it…
Treasuries Rise, Erasing Weekly Loss, on Signs Economy Cooling

Treasuries Rise, Erasing Weekly Loss, on Signs Economy Cooling

(Bloomberg) — Treasuries rose Friday and were on pace to eke out a small weekly gain after survey data showed…
US top diplomat Rubio, China’s Wang speak in first phone call, China says By Reuters

US top diplomat Rubio, China’s Wang speak in first phone call, China says By Reuters

WASHINGTON (Reuters) – U.S. Secretary of State Marco Rubio spoke with China’s Foreign Minister Wang Yi by phone on Friday,…
Half of investors want to spend more on hedge funds, says BofA survey

Half of investors want to spend more on hedge funds, says BofA survey

By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan…
Trump’s order on the global tax deal is a relief to tech companies

Trump’s order on the global tax deal is a relief to tech companies

Some of the biggest names in tech stood behind President Donald Trump on Inauguration Day. Hours later, he delivered a…
S&P 500 ekes out intraday record before ending down with Dow, Nasdaq on mixed company news

S&P 500 ekes out intraday record before ending down with Dow, Nasdaq on mixed company news

Major U.S. stock indexes slipped to break their four-session winning streak, but they still managed to notch their second consecutive…
Foreign investors bet on Turkey, drawn by rate cuts, easing inflation By Reuters

Foreign investors bet on Turkey, drawn by rate cuts, easing inflation By Reuters

By Libby George and Karin Strohecker LONDON (Reuters) – Foreign investors are flocking to Turkey’s local debt markets, saying they…
Dow, S&P 500, Nasdaq stall as investors weigh earnings, Trump on China

Dow, S&P 500, Nasdaq stall as investors weigh earnings, Trump on China

US stocks struggled on Friday to pick up on the recent rally as investors filtered through the latest batch of…
Stocks stall but cap winning week as Trump’s remarks rattle Wall Street

Stocks stall but cap winning week as Trump’s remarks rattle Wall Street

The US dollar (DX=F, DX-Y.NYB) further retreated from near two-year highs on Friday, falling to a one-month low after President…
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