Business

Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited

Tuesday, August 18 by SRN News

By Jiaxing Li HONG KONG, Aug 19 (Reuters) - The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve's latest policy meeting for clues on the path of... Read More.

Oil edges up on uncertainty over exports through Hormuz

Tuesday, August 18 by SRN News

Aug 19 (Reuters) - Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships. Brent crude futures... Read More.

Bond selloff slows but stocks wobble

Tuesday, August 18 by SRN News

By Tom Westbrook SINGAPORE, Aug 19 (Reuters) - Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide. The yield on the U.S. long bond hit its highest in... Read More.

Trump pauses 50% tariffs on goods from Canada, says two sides have a deal

Tuesday, August 18 by SRN News

WASHINGTON, Aug 18 (Reuters) - U.S. President Donald Trump said on Tuesday he had paused 50% tariffs on goods from Canada that were scheduled to start Wednesday for a three day period, saying the two countries had reached a deal. (Reporting by Kanishka Singh, Shubham... Read More.

Theater trade group Cinema United calls on Paramount and California AG to settle

Tuesday, August 18 by SRN News

By Dawn Chmielewski LOS ANGELES, Aug 18 (Reuters) - Cinema United, a trade organization representing theater owners, on Tuesday appealed to California Attorney General Rob Bonta and Paramount Skydance to discuss settling a lawsuit that seeks to block the $110 billion merger of the Hollywood... Read More.

US SEC sues former executives of collapsed auto lender Tricolor

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - The U.S. Securities and Exchange Commission has sued the former CEO and two other top executives of collapsed used-car seller and subprime lender Tricolor, according to a court filing on Tuesday. Here are more details: • The lawsuit, filed in the... Read More.

Explainer-Treasury yields are rising – why does it matter?

Tuesday, August 18 by SRN News

By Karen Brettell NEW YORK, Aug 18 (Reuters) - A sell-off in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike. WHY HAVE YIELDS BEEN RISING? Investors point to several forces behind the move, which has... Read More.

Trading Day: Bonds slam stocks

Tuesday, August 18 by SRN News

By Jamie McGeever ORLANDO, Florida, Aug 18 (Reuters) - The widespread selloff across global sovereign bond markets deepened on Tuesday, pushing long-dated yields to fresh multi-decade highs and rattling stocks, while investors also grappled with the inflationary signal from global oil prices hitting a three-week... Read More.

Port of Los Angeles posts high July volume, helped by retail goods, AI project parts

Tuesday, August 18 by SRN News

By Lisa Baertlein LOS ANGELES, Aug 18 (Reuters) - The Port of Los Angeles, the nation's busiest seaport, notched its second-highest volume for July, boosted by resilient demand for consumer goods and equipment for manufacturing and data center construction, its executive director said on Tuesday.... Read More.

Watchdog calls for US import ban as forced labor persists in Dominican sugarcane fields

Tuesday, August 18 by SRN News

SAN JUAN, Puerto Rico (AP) - A report released Tuesday by a human rights group found that forced labor persists on massive sugarcane plantations across the Dominican Republic, which exports sugar and other products to the U.S. - its largest market. The nonprofit Corporate Accountability... Read More.

Current Weather

Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited

Oil edges up on uncertainty over exports through Hormuz

Bond selloff slows but stocks wobble

Trump pauses 50% tariffs on goods from Canada, says two sides have a deal

US SEC sues former executives of collapsed auto lender Tricolor

Explainer-Treasury yields are rising – why does it matter?

Trading Day: Bonds slam stocks

Port of Los Angeles posts high July volume, helped by retail goods, AI project parts

Watchdog calls for US import ban as forced labor persists in Dominican sugarcane fields

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