Business

Wall St subdued after jobs report fuels rate-hike bets

Friday, September 4 by SRN News

Sept 4 (Reuters) - Wall Street's main indexes were muted at the open on Friday after a stronger-than-expected jobs reading prompted investors to amplify bets the Federal Reserve could hike interest rates this month. The Dow Jones Industrial Average fell 101.2 points, or 0.19%, at... Read More.

Trump says if the Fed doesn’t cut rates, he’ll stop trading with some nations

Friday, September 4 by SRN News

WASHINGTON, Sept 4 (Reuters) - U.S. President Donald Trump on Friday said that unless the Federal Reserve cut interest rates, he would stop trading with countries with which the United States had a deficit. "High interest rates put the U.S.A. at a very unfair disadvantage,... Read More.

Private credit roundup: Software marks and Blackstone’s backlog of redemptions

Friday, September 4 by SRN News

Sept 4 (Reuters) - U.S. private-credit portfolio values moved further below reported cost in the first half of 2026 as market spreads widened and stress emerged among some borrowers, particularly in the software sector, a Reuters analysis found. The analysis of regulatory filings from 44... Read More.

TSX futures muted ahead of domestic, US jobs reports

Friday, September 4 by SRN News

Sept 4 (Reuters) - Futures tracking Canada's blue-chip stocks were subdued on Friday, as investors refrained from placing large bets ahead of crucial U.S. and Canadian jobs reports that could influence monetary policy expectations. September futures on the S&P/TSX index were muted by... Read More.

Strong August jobs report sends yields higher

Friday, September 4 by SRN News

NEW YORK, Sept 4 (Reuters) - U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, pointing to a stable labor market and keeping an interest rate hike from the Federal Reserve this month on the table. Nonfarm payrolls... Read More.

US equity funds record second weekly outflow on Iran tensions, high yields

Friday, September 4 by SRN News

Sept 4 (Reuters) - U.S. equity funds recorded outflows for a second consecutive week, as rising bond yields and oil prices amid renewed Middle East tensions weighed on sentiment, though strong results from AI-related companies helped limit the selloff. Investors withdrew a net $11.12 billion... Read More.

ByteDance secures $29.6 billion loan in AI push, sources say

Friday, September 4 by SRN News

By Kane Wu and Yantoultra Ngui HONG KONG, Sept 4 (Reuters) - ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said on Friday, with the Chinese social media giant's bet on AI development driving... Read More.

Exclusive-Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say

Friday, September 4 by SRN News

By David French NEW YORK, Sept 4 (Reuters) - Citadel has held talks to buy U.S. oil production assets, as the hedge fund and commodities trader considers expanding further into owning physical assets, five people familiar with the matter said. The firm founded by Ken Griffin... Read More.

Kenya’s Ruto orders Indian company Tata Chemicals to leave the country

Friday, September 4 by SRN News

NAIROBI, Kenya (AP) - Kenya's President William Ruto on Friday directed Tata Chemicals to leave the country, saying the Indian company failed to generate any economic impact in one of Kenya's most important export sectors. Tata Chemicals produces soda ash from Lake Magadi that... Read More.

Japanese motor-maker Nidec says it found hundreds of cases of quality control misconduct

Friday, September 4 by SRN News

TOKYO (AP) - Scandal-ridden Japanese motor maker Nidec Corp. released Friday the findings of a company investigation that found 844 cases of misconduct related to quality controls spanning the last decade. Chief Executive Mitsuya Kishida bowed deeply at a news conference, apologizing to investors, group... Read More.

Current Weather

Wall St subdued after jobs report fuels rate-hike bets

Trump says if the Fed doesn’t cut rates, he’ll stop trading with some nations

Private credit roundup: Software marks and Blackstone’s backlog of redemptions

TSX futures muted ahead of domestic, US jobs reports

Strong August jobs report sends yields higher

US equity funds record second weekly outflow on Iran tensions, high yields

ByteDance secures $29.6 billion loan in AI push, sources say

Exclusive-Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say

Kenya’s Ruto orders Indian company Tata Chemicals to leave the country

Japanese motor-maker Nidec says it found hundreds of cases of quality control misconduct

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