The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...

The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...

The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...

The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...

* US economic growth slows in first quarter; inflation surges * Lower iron, nickel and copper prices weigh on Vale's earnings * Cement maker Cemex's Q1 profit climbs despite dip in volumes * Latam FX off 0.4%, stocks down 0.5% By Bansari Mayur Kamdar April 25 (Reuters) - The Mexican peso led losses among Latin American currencies on Thursday, after...

01:19 PM EDT, 04/25/2024 (MT Newswires) -- US equity indexes fell after midday Thursday as a sell-off in Meta Platforms ( META ) weighed on communication services sector, while government bond yields advanced after economic growth slowed in Q1. The S&P 500 fell 1% to 5,022.2, with the Dow Jones Industrial Average 1.3% lower at 37,966.3 and the Nasdaq Composite...

12:59 PM EDT, 04/25/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) was down 1.1%. US equity indexes slumped after midday Thursday as an uptick in inflation alongside slower growth pushed government bond yields higher, and a sharp sell-off in Meta Platforms (META) sank communication services. Energy...

Dow Inc ( DOW ) shares are trading lower after the company reported first-quarter FY24 results. Sales declined 9% Y/Y to $10.77 billion, beating the consensus of $10.74 billion. Sales were up 1% sequentially, led by gains in Performance Materials & Coatings and Industrial Intermediates & Infrastructure segments. Adjusted EPS was $0.56, above the consensus of $0.45. Local price fell 10% year-over-year. Sequentially, local price was flat, as modest gains...

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. A nonprofit organization is one that has received tax-exempt status from the Internal Revenue Service (IRS), usually...

BRUSSELS (Reuters) - A proposed cybersecurity certification scheme (EUCS) for cloud services should not discriminate against Amazon ( AMZN ), Alphabet's Google and Microsoft ( MSFT ), 26 industry groups across Europe warned on Monday. The European Commission, EU cybersecurity agency ENISA and EU countries will meet on Tuesday to discuss the scheme which has undergone several changes since ENISA...

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways While you can discard monthly mortgage statements, it's important to keep all mortgage documents, such...

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Government sources said that by focusing only on coal and not including oil and gas, the original text would disproportionately impact certain developing countries like China and India. The country’s stance has been that all fossil fuels must be phased down, in an equitable manner.

Congress Lok Sabha, MP and member of the IT committee Karti Chidambaram has written the letter to the chairman of the committee for IT, requesting for Apple to be summoned before the panel after the allegations of several members of Parliament.

The Election Commission of India (ECI) has introduced the "cVIGIL" mobile app to enable citizens to report Model Code of Conduct violations during the upcoming state assembly elections.

Those who received such notifications include Congress chief Mallikarjun Kharge, party leaders Shashi Tharoor, Pawan Khera, K C Venugopal, Supriya Shrinate, T S Singhdeo and Bhupinder S Hooda; Trinamool Congress MP Mahua Moitra; CPI(M) general secretary Sitaram Yechury and Samajwadi Party chief Akhilesh Yadav.

CoreWeave Inc ( CRWV ) shares are trading sharply lower Thursday despite a lack of company-specific news. Here’s what investors need to know. What To Know: This week’s surge in CoreWeave ( CRWV ) shares was fueled by a major infrastructure deal announced Monday with Applied Digital Corp ( APLD ). The companies signed two 15-year lease agreements granting CoreWeave...

Tesla Inc ( TSLA ) shares fell during Thursday’s trading session. The decline follows heightened political tensions and ongoing concerns about international sales performance. What To Know: CEO Elon Musk's public feud with President Donald Trump has intensified, with Musk urging Americans to oppose Trump's latest bill, calling it a threat to the U.S. economy. The bill, dubbed the “Big,...

10:56 AM EDT, 06/05/2025 (MT Newswires) -- Chinese President Xi Jinping told President Donald Trump to remove negative measures in trade negotiations and said that Trump was welcome to visit China, Bloomberg reported Thursday, citing a transcript of the phone conversation between the leaders published by China's state broadcaster. Xi agreed to more trade talks, the report said. (Market Chatter...

10:58 AM EDT, 06/05/2025 (MT Newswires) -- Canadian National Railway ( CNI ) said Thursday that it plans to invest 80 million Canadian dollars ($58.6 million) in New Brunswick and Nova Scotia, Canada as part of its 2025 capital investment program. The company said the planned investment will cover track maintenance and strategic infrastructure initiatives that support operations. Price: 106.31,...

The person behind the recent Radiant Capital exploit has reportedly moved nearly all of the stolen crypto, valued at about $52 million, from Layer-2 networks to Ethereum. Blockchain security firm PeckShield shared the information on October 24, further dampening any hopes of recovering the funds. Attacker Almost Done Bridging Stolen Funds According to PeckShield, the attacker’s on-chain footprint showed they...

Coinbase CEO Brian Armstrong has called for the next US Securities and Exchange Commission (SEC) chair to address the agencys perceived inconsistencies in its approach to digital assets. Armstrongs criticism stems from the securities regulators shifting stance throughout the years which has caused frustration within the community. SECs Contradictions on Crypto His tweet, which accompanied a compilation of conflicting SEC...

A staggering $20 million in cryptocurrency linked to U.S. government addresses has been moved to a new wallet, raising alarms about a potential theft. The transactions originated from the government-controlled Bitfinex Hack Wallet, which housed part of the funds recovered from the 2016 attack on the Bitfinex crypto exchange. This resulted in a loss of nearly 120,000 BTC. Fund Movements...

After facing backlash for comments suggesting that regulated entities like BlackRock and Fidelity are safer options for holding Bitcoin, MicroStrategy founder Michael Saylor clarified his stance on self-custody. In a tweet, Saylor expressed his support for individuals who choose to self-custody their Bitcoin, while also advocating for the right of everyone to make their own choice. He even went on...