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News
Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz
6+ hour, 49+ min ago (414+ words) By Colleen Howe and Jeslyn Lerh SINGAPORE, Sept 14 (Reuters) - Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key…...
Dollar grinds higher, yen near 7-month high ahead of Fed, BOJ meetings
7+ hour, 14+ min ago (664+ words) SINGAPORE, Sept 14 (Reuters) - The dollar firmed on Monday, with the yen wobbling near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan later this week, while rising oil prices due to the…...
Goldman Sachs flips forecast, now sees September Fed rate hike
7+ hour, 14+ min ago (206+ words) Sept 13 (Reuters) - Goldman Sachs expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September meeting, joining a growing number of Wall Street firms that see further policy tightening as inflation concerns persist. In a note on…...
Goldman Sachs now expects Fed to hike rates in September
8+ hour, 5+ min ago (153+ words) The Lufkin Daily News Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
11+ hour, 48+ min ago (110+ words) The Lufkin Daily News Sept 13 (Reuters) - Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on Sunday, citing multiple people with knowledge of the matter. Anthropic's gross margins…...
Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
11+ hour, 17+ min ago (416+ words) BEIJING, Sept 14 (Reuters) - Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures…...
Investors brace for possible rate hike at uncertain Fed meeting
21+ hour, 47+ min ago (769+ words) Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., September 8, 2026. REUTERS/Brendan McDermid NEW YORK, Sept 11 (Reuters) - Investors head into next week's Federal Reserve meeting bracing for the central bank…...
S&P Dow Jones Indices loosens Canadian index inclusion criteria
18+ hour, 49+ min ago (279+ words) A screen shows a price of Canada's main stock index, the Toronto Stock Exchange's S&P/TSX composite index, as it rose to a record high in Toronto, Ontario, Canada January 7, 2021. REUTERS/Chris Helgren TORONTO, Sept 13 (Reuters) - S&P Dow…...
Speculators turn net long on yen for first time since February | Business | lufkindailynews.com
1+ day, 7+ hour ago (167+ words) Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration TOKYO, Sept 13 (Reuters) - Speculators turned to a net long position on the yen for the first time since February, data showed late on Friday,…...
Tesla to unveil long-delayed Roadster on Oct. 1, Musk says
1+ day, 9+ hour ago (227+ words) Sept 12 (Reuters) - Tesla CEO Elon Musk said on Saturday the electric-vehicle maker would unveil its long-delayed Roadster on October 1, nearly a decade after first revealing a next-generation version of its original sports car. Here are some of the details: • Tesla's…...