Business

Asia stocks ride tech wave higher, oil stays subdued

Tuesday, September 22 by SRN News

By Wayne Cole SYDNEY, Sept 23 (Reuters) - Asian shares were aiming for a sixth session of gains on Wednesday as signs of consumer demand for AI apps continued to buoy tech stocks, while oil prices faltered on reports of increased supply out of the... Read More.

Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacy

Tuesday, September 22 by SRN News

By Ankur Banerjee SINGAPORE, Sept 23 (Reuters) - The dollar steadied near its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, while easing oil prices on hopes for a diplomatic breakthrough to end the... Read More.

Climate disasters are growing. So are cuts to programs that prepare for them

Tuesday, September 22 by SRN News

KATHMANDU, Nepal (AP) - Sitting on the floor of a makeshift shelter for survivors of Nepal's deadly recent floods, Tenzin Dolma Ghale said she had nothing left but the clothes she was wearing. Her entire village and members of her family were washed away... Read More.

Boeing’s engineers union backs latest contract offer

Tuesday, September 22 by SRN News

Sept 22 (Reuters) - SPEEA, the union representing Boeing engineers and technical employees, said on Wednesday that they recommended their members accept Boeing's latest contract offer. Boeing and its engineering union reached a contract agreement this month, a four-year offer that includes higher general... Read More.

Market participants favor Treasury parking some cash in repo market

Tuesday, September 22 by SRN News

By Michael S. Derby NEW YORK, Sept 22 (Reuters) - The idea of the US Treasury periodically investing some of its cash into private money markets got a favorable hearing at a panel of market participants held by the Federal Reserve Bank of New York... Read More.

Apollo private credit fund redemption requests ease in third quarter

Tuesday, September 22 by SRN News

Sept 22 (Reuters) - Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear. Investors in Apollo Debt Solutions BDC (ADS) sought to withdraw roughly 14.7% of shares... Read More.

Financial stocks fall with AI and flattening yield curve in focus

Tuesday, September 22 by SRN News

By Sinéad Carew Sept 22 (Reuters) - The S&P 500 Financial index and the benchmark's bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that... Read More.

Smaller packs, more protein: AB InBev to adapt drinks to shifting tastes

Tuesday, September 22 by SRN News

By Emma Rumney LONDON, Sept 22 (Reuters) - Anheuser-Busch InBev will sell smaller pack sizes, beers with added protein or electrolytes and push further into drinks beyond beer, executives said on Tuesday, as the top brewer looks to grow amid shifting drinking habits, strained incomes... Read More.

Trading Day: Oil slips, Nasdaq rips

Tuesday, September 22 by SRN News

By Jamie McGeever ORLANDO, Florida, Sept 22 (Reuters) - The Nasdaq sailed to a new a high on Tuesday, lifted by a wave of positive momentum around the AI outlook and another decline in global oil prices, while investors turned their attention to the US-China... Read More.

US Treasury secretary could take on AI czar role, source says

Tuesday, September 22 by SRN News

Sept 22 (Reuters) - Treasury Secretary Scott Bessent could become President Donald Trump's new AI czar, a source familiar with the discussions said on Tuesday, as fears grow among lawmakers in Washington about the risks posed by AI technology. Trump has repeatedly downplayed concerns... Read More.

Current Weather

Asia stocks ride tech wave higher, oil stays subdued

Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacy

Climate disasters are growing. So are cuts to programs that prepare for them

Boeing’s engineers union backs latest contract offer

Market participants favor Treasury parking some cash in repo market

Apollo private credit fund redemption requests ease in third quarter

Financial stocks fall with AI and flattening yield curve in focus

Smaller packs, more protein: AB InBev to adapt drinks to shifting tastes

Trading Day: Oil slips, Nasdaq rips

US Treasury secretary could take on AI czar role, source says

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