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Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
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PM Narendra Modi crafts populist measures ahead of elections
PM Narendra Modi crafts populist measures ahead of elections
Jan 25, 2019
Two opinion polls on Thursday suggested that a coalition led by Modi's Hindu nationalist Bharatiya Janata Party (BJP) could emerge as the largest group in the election while falling short of a majority.
India celebrates 9th National Voters Day today
India celebrates 9th National Voters Day today
Jan 25, 2019
The National Voters’ Day is also marked to celebrate the foundation day of Election Commission of India (ECI).
A day in the life of a furloughed US government worker juggling odd jobs
A day in the life of a furloughed US government worker juggling odd jobs
Jan 25, 2019
Furloughed US Forest Service worker Chris George has never been busier. He scrambles daily to do handywork and small remodeling jobs at homes in the hardscrabble desert town of Hemet, east of Los Angeles. In between, he works for Lyft, spending up to 10 hours in the car just to make $100. When he's not doing that, he is on the phone, trying to save his credit standing — now threatened thanks to the December 22 government shutdown, the longest in US history, which has left 800,000 federal workers without pay. Many of them are dipping into savings, borrowing from friends and family and relying on payment deferments and plans as the shutdown heads into its second month. George, a forestry technician supervisor who has worked for the US Forest Service for more than two decades doing forest fire management, was never one to be caught off guard. He used to always have two months of funds saved for emergencies. But last year he bought a home after going through a divorce and any money he made since then has gone toward remodeling it. He never anticipated he would be left without a paycheck for this long. George received his last paycheck December 29. His monthly check of about $267 from the US Department of Veterans Affairs is still coming but it doesn't cover much. Besides his mortgage payment, he is struggling to keep up with his car payment, utility bills and to buy food.
Few Twitter users spreading most fake news, reveals study
Few Twitter users spreading most fake news, reveals study
Jan 25, 2019
About 99 percent of the Twitter users spread virtually no fake information in the most heated part of the election year in 2016, said David Lazer, a professor at the Northeastern University in the US.
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LATAM Chief Expects Brazilian Regulators to Protect Competition in Reviewing Azul, Abra Deal
LATAM Chief Expects Brazilian Regulators to Protect Competition in Reviewing Azul, Abra Deal
Jan 31, 2025
03:47 PM EST, 01/31/2025 (MT Newswires) -- LATAM Airlines ( LTM ) CEO Roberto Milosawlewitsch said he's taking a wait-and-see approach to a proposed merger of two of the Chilean airline's largest competitors. Milosawlewitsch waiting for Brazilian regulators to review the merger of two of its larger rivals in the region, Azul ( AZUL ) and Abra, and how it...
Apple Unusual Options Activity
Apple Unusual Options Activity
Jan 31, 2025
Deep-pocketed investors have adopted a bearish approach towards Apple ( AAPL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AAPL usually suggests something big is about to happen. We gleaned this information from...
Sector Update: Consumer
Sector Update: Consumer
Jan 31, 2025
03:34 PM EST, 01/31/2025 (MT Newswires) -- Consumer stocks were retreating late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%. In corporate news, United Airlines (UAL) denied rumors that it's in negotiations or discussions with another airline regarding a merger, acquisition or similar deal,...
Valley National Bancorp Insider Sold Shares Worth $1,030,500, According to a Recent SEC Filing
Valley National Bancorp Insider Sold Shares Worth $1,030,500, According to a Recent SEC Filing
Jan 31, 2025
03:27 PM EST, 01/31/2025 (MT Newswires) -- Joseph Chillura, Senior Executive Vice President, CML Banking President, on January 29, 2025, sold 100,000 shares in Valley National Ban (VLY) for $1,030,500. Following the Form 4 filing with the SEC, Chillura has control over a total of 445,249 common shares of the company, with 445,249 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/714310/000071431025000012/xslF345X05/wk-form4_1738354726.xml Price:...
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