Business

Maker of Stanley tumblers prevails in lawsuit over lead scare

Monday, April 6 by SRN News

By Jonathan Stempel April 6 (Reuters) - A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on Friday, U.S. District Judge Tana Lin in Seattle said consumers did not... Read More.

Fed’s Goolsbee, Hammack say inflation is flashing ‘orange,’ or worse

Monday, April 6 by SRN News

By Ann Saphir April 6 (Reuters) - Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather than looser monetary policy as the Iran war puts upward... Read More.

JPMorgan CEO Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

Monday, April 6 by SRN News

NEW YORK (AP) - JPMorgan Chase CEO Jamie Dimon warned in his annual shareholder letter that a "resilient" U.S. economy could face renewed inflation pressures if the war in Iran disrupts global energy markets. Dimon described inflation as the potential "skunk at the party" this... Read More.

Global equity funds draw second weekly inflow amid war de-escalation hopes

Monday, April 6 by SRN News

April 6 (Reuters) - Investors bought global equity funds worth a net $15.02 billion in the March 26-April 1 period, logging a second straight week of inflows, on hopes that the U.S.-Israeli war with Iran could soon de-escalate. Global equity funds received inflows of roughly... Read More.

S&P 500, Nasdaq futures edge up as investors weigh Mideast developments

Monday, April 6 by SRN News

By Purvi Agarwal and Avinash P April 6 (Reuters) - Futures tracking the S&P 500 and the Nasdaq ticked up on Monday after the main indexes marked their biggest weekly jump in four months in the last session, as investors assessed prospects of an... Read More.

US crude premiums climb to record levels as Asia, Europe compete for supply

Monday, April 6 by SRN News

By Florence Tan and Siyi Liu SINGAPORE, April 6 (Reuters) - Spot premiums for U.S. West Texas Intermediate crude have jumped to all-time highs as competition between Asian and European refiners for supply heats up to replace Middle Eastern oil flows disrupted by the Iran... Read More.

JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher

Monday, April 6 by SRN News

By Saeed Azhar NEW YORK, April 6 (Reuters) - JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates higher than the market now expects. The warning came... Read More.

US equity funds see a second successive weekly inflow

Monday, April 6 by SRN News

April 6 (Reuters) - U.S. equity funds witnessed substantial inflows in the seven days to April 1 as worries over the Middle East war eased temporarily after President Donald Trump indicated that the United States was nearing the completion of its objectives for the... Read More.

Goldman Sachs private credit fund defies redemption surge across industry

Monday, April 6 by SRN News

April 6 (Reuters) - Goldman Sachs' private credit fund said its investors sought to repurchase just under 5% of shares in the first quarter, which were fulfilled and below its quarterly repurchase cap. "We believe these results highlight the strong position of GS Credit relative... Read More.

Larry Gies’ Madison Air targets $13.2 billion valuation in US IPO

Monday, April 6 by SRN News

By Arasu Kannagi Basil April 6 (Reuters) - Ventilation and filtration systems provider Madison Air Solutions said on Monday it was targeting a valuation of up to $13.2 billion in its U.S. initial public offering, as companies continue to navigate challenging market conditions for new... Read More.

Current Weather

Maker of Stanley tumblers prevails in lawsuit over lead scare

Fed’s Goolsbee, Hammack say inflation is flashing ‘orange,’ or worse

JPMorgan CEO Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

Global equity funds draw second weekly inflow amid war de-escalation hopes

S&P 500, Nasdaq futures edge up as investors weigh Mideast developments

US crude premiums climb to record levels as Asia, Europe compete for supply

JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher

US equity funds see a second successive weekly inflow

Goldman Sachs private credit fund defies redemption surge across industry

Larry Gies’ Madison Air targets $13.2 billion valuation in US IPO

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