Business

Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll

Wednesday, July 1 by SRN News

By Sarupya Ganguly BENGALURU, July 1 (Reuters) - The U.S. dollar's recent rebound will fade in coming months as cooling oil prices temper inflation fears and Federal Reserve rate hike bets, a majority of FX strategists said in a Reuters poll, though a sizable minority... Read More.

Kroger to buy retailer Giant Eagle in a $1.65 billion deal

Wednesday, July 1 by SRN News

July 1 (Reuters) - Kroger said on Wednesday it would buy supermarket chain Giant Eagle in a $1.65 billion deal, as it looks to scale amid intense competition in the grocery sector. The deal follows Kroger's failed $25 billion merger plan with grocer Albertsons in... Read More.

Trump on financial disclosures: Everyone’s profiting because stock market is up

Wednesday, July 1 by SRN News

WASHINGTON, July 1 (Reuters) - President Donald Trump said on Wednesday he had nothing to do with his personal finances, a day after he reported more than $1.4 billion in income from his family's crypto ventures. He said many people are profiting because the U.S.... Read More.

US private payrolls gains slow in June; planned layoffs drop 53%

Wednesday, July 1 by SRN News

WASHINGTON, July 1 (Reuters) - U.S. private payrolls increased less than expected in June, but a sharp decline in planned layoffs pointed to stable labor market conditions last month. Private employment rose by 98,000 jobs last month after an unrevised 122,000 advance in May, the... Read More.

Zelenskyy says Ukraine hits a Russian oil refinery for the second time in a week

Wednesday, July 1 by SRN News

KYIV, Ukraine (AP) - Ukrainian forces struck Russia's major Ufa oil refinery for the second time in a week, Ukrainian President Volodymyr Zelenskyy said Wednesday. Almost daily long-range attacks on Russian oil facilities have created a fuel crisis and heaped political pressure on the Kremlin... Read More.

EU issues new steel and e-commerce regulations to reduce trade imbalance with China

Wednesday, July 1 by SRN News

BRUSSELS (AP) - The European Union rolled out two measures to protect its steel industry and limit e-commerce small parcels on Wednesday as the 27-nation bloc grapples with its staggering trade imbalance with China. "Today's change is about restoring fairness for European businesses and better... Read More.

Kroger buying regional grocer and pharmacy retailer Giant Eagle in deal valued at $1.65 billion

Wednesday, July 1 by SRN News

Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion. Giant Eagle, which is privately held, has 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. Kroger has thousands of... Read More.

Judge orders Pentagon to lift policy that New York Times journalists be accompanied by an escort

Wednesday, July 1 by SRN News

A federal judge has ordered the Defense Department to temporarily halt its requirement that New York Times journalists be accompanied by an official escort, in another setback for the Trump administration's efforts to restrict media access at the Pentagon. U.S. District Judge Paul L. Friedman... Read More.

Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO

Wednesday, July 1 by SRN News

July 1 (Reuters) - Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion. The listing will test investor appetite for software companies after the industry... Read More.

Chevrolet Bolt vs. Nissan Leaf, an Edmunds $30,000 EV comparison

Wednesday, July 1 by SRN News

Many new electric vehicles are prohibitively expensive for car shoppers. But there are a few relatively low-cost options that provide plenty of usable range and utility. One great example is the Nissan Leaf. Originally debuting for 2011, it's today's longest-tenured EV and remains among... Read More.

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Current Weather

Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll

Kroger to buy retailer Giant Eagle in a $1.65 billion deal

Trump on financial disclosures: Everyone’s profiting because stock market is up

US private payrolls gains slow in June; planned layoffs drop 53%

Zelenskyy says Ukraine hits a Russian oil refinery for the second time in a week

EU issues new steel and e-commerce regulations to reduce trade imbalance with China

Kroger buying regional grocer and pharmacy retailer Giant Eagle in deal valued at $1.65 billion

Judge orders Pentagon to lift policy that New York Times journalists be accompanied by an escort

Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO

Chevrolet Bolt vs. Nissan Leaf, an Edmunds $30,000 EV comparison

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