By Bianca Flowers CHICAGO (Reuters) – The U.S. government is holding talks with health insurers and drugmakers as it sets…
Snap sets off alarm bells in ad-reliant social media sector
By Nivedita Balu and Akash Sriram (Reuters) – Snap Inc shares sank more than 30% on Friday and hit their…
Wall St rallies, Treasury yields dip on hopes of easing Fed policy
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday…
Exclusive-Korean auto giant Hyundai investigating child labor in its U.S. supply chain
By Joseph White and Joshua Schneyer DETROIT (Reuters) -Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in…
Speculators’ net long USD bets grow -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators’ net long bets on the U.S. dollar edged higher in the latest…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
U.S. yields slide from multi-year highs on hopes of Fed pivot
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after…
Goldman: U.S. SPR crude releases to have modest price influence
(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail…
Exclusive-Ottawa and Alberta clash over who must pay to lift Canada’s carbon capture credits
By Steve Scherer and Nia Williams OTTAWA (Reuters) -Canada’s federal government and the main oil producing province of Alberta are…
Fed’s Evans: need to get policy rate to a bit above 4.5%, then hold
(Reuters) – Chicago Federal Reserve Bank President Charles Evans on Friday repeated his view that the U.S. central bank ought…