The US dollar fell in European trade on Thursday against a basket of major rivals away from three-month highs, on track for the first loss in four days amid active profit-taking as US 10-year treasury yields stall. Now investors await a batch of important US data later today that will shed light on the health of the US economy in...

The Japanese yen rose in European trade on Friday away from three-month lows against the US dollar, amid active short-covering, while US 10-year treasury yields slowed down. Despite the gains today, the yen is still heading for a weekly loss, ahead of the Japanese parliamentary elections during the weekend, with opinion polls indicating the governing LDP could lose its majority....

The US dollar gained ground in European trade on Wednesday against a basket of major rivals, extending gains for the third straight session and hitting 2-⅕ month highs as US 10-year treasury yields expanded their gains. The advance comes after bullish remarks from some Fed officials, which hurt the odds of a Fed interest rate cut in November. The Index...

The Bank of Canada today announced an interest rate cut of 50 basis points to 3.75% as expected. The BOC expects the global economy to expand by a yearly 3% rate in the next two years, and for the US economic growth to be better than expected, but Chinese outlook remains weak. Inflation has taken a dive in advanced economies...

03:32 PM EDT, 07/11/2025 (MT Newswires) -- US benchmark equity indexes are on track to close lower on Friday as the US Treasury reported a $27.01 billion budget surplus in June. The Dow Jones Industrial Average was down 0.6% at 44,392.04, while the Nasdaq Composite decreased 0.1% to 20,614.34. The S&P fell 0.2% to 6,265.91. Among sectors, energy led the...

03:31 PM EDT, 07/11/2025 (MT Newswires) -- Energy stocks were higher late Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each adding 0.7%. The Philadelphia Oil Service Sector index rose 0.9%, while the Dow Jones US Utilities index was 0.1% higher. Front-month West Texas Intermediate crude oil climbed 3.1% to $68.62 a...

03:37 PM EDT, 07/11/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 0.2%. In corporate news, Kraft Heinz ( KHC ) is preparing to spin off a large portion of its grocery business, including many Kraft products,...

03:39 PM EDT, 07/11/2025 (MT Newswires) -- Health care stocks were sliding late Friday afternoon, with the NYSE Health Care Index dropping 1.1% and the Health Care Select Sector SPDR Fund (XLV) falling 1%. The iShares Biotechnology ETF (IBB) dropped 1.1%. In sector news, the US Food and Drug Administration may fast-track new drugs from pharmaceutical companies that equalize the...

Asana has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 4...

June 26 (Reuters) - American Chip manufacturing supplier Entegris ( ENTG ) said on Wednesday that it has inked a preliminary deal with the Biden administration for funding of up to $75 million to aid the development of a new facility in Colorado Springs, Colorado. We're not just bringing leading-edge chip technology and (factories) to the United States, we're also...

Sony Group Corp. ( SONY )‘s PlayStation has filed a patent for a groundbreaking controller concept. What Happened: The patent introduces a novel use of electric ink, allowing players to design a custom layout tailored to their unique play style. Spotted by industry insider Exputer (via Insider Gaming), PlayStation’s latest patent details a controller that offers unparalleled freedom in customization....

Semiconductor giant Nvidia Corporation ( NVDA ) briefly passed Microsoft Corporation ( MSFT ) and Apple Inc ( AAPL ) to become the most valuable company in the world last week. While the move was short-lived, a drop below the $3 trillion market capitalization also proved to be short-lived for the chip stock. What Happened: Nvidia ( NVDA ) hit...

The leading social network 'took action' on 1.9 million pieces of IS or al-Qaeda-linked content in the first three months of this year.

Facebook would begin requiring people who want to run ads on the social network addressing political issues to verify their identity and location

The data that users had given earlier to third party apps can’t be deleted.

In a prepared testimony Mark Zuckerberg admitted that the social network didn't do enough to prevent its tools from being used for harm

(Reuters) -President Donald Trump's April 9 decision to hike tariffs on China hit as Steve Egan, a promotional product distributor in Tampa, Florida, was in the middle of ordering 5,000 rubber ducks from a Chinese vendor. The ducks were for a local non-profit that wanted to hand them out at parades and special events. Overnight, the ducks' cost jumped from...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...

BEIJING, April 27 (Reuters) - China's top market regulator said on Sunday it was paying close attention to CK Hutchison's ( CKHUF ) planned sale of most of its ports operations to a BlackRock ( BLK )-led consortium and parties to the deal should not try to avoid an antitrust review. The sale by the Hong Kong conglomerate, which contains...

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TL;DR Ripple was ordered to pay a $125 million fine, much less than the SECs initial $2 billion demand, marking a significant victory for the company. The watchdog might appeal the decision within 60 days, but Ripple is likely to comply with the ruling. Was This the End? The legal battle between Ripple and the US Securities and Exchange Commission...

Bitcoin’s price rebounded back above $59,000 on Thursday, marking an 8% climb on the day in spite of broader macroeconomic fears. According to CoinGlass, over $189 million in trades have been liquidated across the crypto market in the past 24 hours, including $109 million in shorts. Bitcoin’s climb began at roughly 1:50 PM UTC, with Bitcoin surging from $57,000 to...

Brazils Securities and Exchange Commission (CVM) has approved the countrys first Solana-based exchange-traded fund (ETF). The approval, granted on August 7, positions Brazil ahead of other countries, particularly the United States, where the process of approving Solana ETFs remains in its early stages with uncertain prospects. Brazil’s Solana ETF Receives Preliminary Approval According to Exame, a local news outlet, the...