Business

WestJet begins flight cancellations ahead of strike

Saturday, August 1 by SRN News

Aug 1 (Reuters) - WestJet said on Saturday it has begun cancelling flights in response to the CUPE union's notice to strike and has cancelled 86 flights. Canada's second-largest carrier said it remains at the bargaining table with the union for flight attendants and is... Read More.

Oil leak spreads from a sanctioned tanker grounded off Oman, images show

Saturday, August 1 by SRN News

BEIRUT (AP) - Crude oil appeared to be leaking and spreading in recent days from a sanctioned tanker grounded off the coast of Oman, close to a marine protected area, satellite images reviewed by The Associated Press show. The images, the last of which... Read More.

FBI investigates as Michigan joins Minnesota in reporting cyberattacks on its water systems

Saturday, August 1 by SRN News

Michigan on Saturday joined Minnesota in reporting cyberattacks on nine of the state's water systems but an official said all systems were operating "safely." Earlier this week, authorities said cyberattacks targeted over 30 water systems in Minnesota. The source of the attacks is being... Read More.

BYD’s sales rise for third month, buoyed by exports

Saturday, August 1 by SRN News

By Che Pan and Ryan Woo BEIJING, Aug 1 (Reuters) - Chinese electric vehicle maker BYD's global sales rose for a third straight month in July, with robust overseas demand continuing to help offset softer conditions in its home market. Total sales rose 21.8% from... Read More.

America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year

Saturday, August 1 by SRN News

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions... Read More.

Wall Street week ahead: monthly jobs report, McDonald’s and SpaceX earnings

Saturday, August 1 by SRN News

NEW YORK (AP) - Corporate earnings from big U.S. companies and closely-watched jobs reports are among the key updates for Wall Street this week. The latest batch of profit updates and forecasts could help give investors a clearer picture of how and where households are... Read More.

Treasury selloff signals need to bolster Fed’s inflation credibility, Musalem tells FT

Saturday, August 1 by SRN News

July 31 (Reuters) - A selloff in U.S. Treasuries this week signaled the need for the Federal Reserve to earn its inflation-fighting "credibility" with interest rate increases, St. Louis Fed President Alberto Musalem told the Financial Times. "At this juncture, earlier, incremental, gradual interest-rate action... Read More.

Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far

Saturday, August 1 by SRN News

WASHINGTON (AP) - President Donald Trump has been losing his own battle to cut interest rates. The president likes to vilify high rates as an affront to the size and strength of the U.S. economy, saying that America deserves the cheapest borrowing costs in the... Read More.

With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again

Friday, July 31 by SRN News

By Svea Herbst-Bayliss, Manya Saini and Anirban Sen July 31 (Reuters) - When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a checkbook. Citadel's founder this week reprised his role as one of Wall... Read More.

FIFA scraps World Cup sell off plans, Infantino says

Friday, July 31 by SRN News

July 31 (Reuters) - FIFA President Gianni Infantino said on Friday world soccer's governing body has scrapped plans to sell a stake in the World Cup to private investors after widespread backlash. "Having listened carefully to all the views, it has become clear that the... Read More.

Current Weather

WestJet begins flight cancellations ahead of strike

Oil leak spreads from a sanctioned tanker grounded off Oman, images show

FBI investigates as Michigan joins Minnesota in reporting cyberattacks on its water systems

BYD’s sales rise for third month, buoyed by exports

America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year

Wall Street week ahead: monthly jobs report, McDonald’s and SpaceX earnings

Treasury selloff signals need to bolster Fed’s inflation credibility, Musalem tells FT

Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far

With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again

FIFA scraps World Cup sell off plans, Infantino says

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