Stock market hits speed bump but investors stay on bullish path 

In Today’s News

BBC boss and head of news quit after Trump documentary edit criticism

LONDON (Reuters) -The BBC’s boss and its head of news quit on Sunday following criticism over bias at the British broadcaster, including in the way it edited a speech by U.S. President Donald Trump.The BBC had been under mounting pressure after an internal report by a former standards adviser was leaked to th …

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Stock market hits speed bump but investors stay on bullish path 

NEW YORK (Reuters) -The stock market’s recent weakness marked a speed bump in a rally that had driven stocks to a series of record highs, but many investors view the pullback as a breather rather than a sign of deeper trouble.The S&P 500 has fallen 2.4% over the last eight sessions as investors fretted over t …

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Featured Article

BlackRock to wind down fund that invested in failed car lender Tricolor, FT reports

The firm told employees it would close its BlackRock Impact Opportunities fund to new investments after Tricolor filed for bankruptcy in September, the report said.Reuters could not immediately verify the report. BlackRock did not immediately respond to a Reuters request for comment. (Reporting by Dheeraj Kum …

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Other Headlines

Fed’s Miran: Stablecoin adoption could put downward pressure on interest rates

NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be.“Even relatively conservative estimates of stablecoin growth imply an …

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Hungary’s waiver from US sanctions on Russia energy is indefinite, minister says

Last month, U.S. President Donald Trump imposed Ukraine-related sanctions on Russian oil companies Lukoil and Rosneft that carried a threat of further sanctions against entities that buy oil from those firms.Hungarian Prime Minister Viktor Orban, a longtime Trump ally, met with Trump at the White House on Fri …

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