Gold futures stage a partial rebound on Thursday, day after rising U.S. bond yields prompted the metal, which doesn’t offer a coupon, to post its first loss in six sessions.
U.S. stock benchmarks surge Thursday morning, with gains accelerating and pushing indexes to a series of milestones, after a report on services activity came in hotter than expected.
The large service side of the U.S. economy grew somewhat faster in December despite a record increase in coronavirus cases, as companies took hope in the rollout of vaccines and looked toward the future. The ISM non-manufacturing index rose to 57.2% from 55.9%.
A growing constellation of lawmakers, officials and even trade groups want to see President Donald Trump removed from office after the U.S,. Capitol was temporarily taken over by his supporters Wednesday. The only question was the method of the 45th president’s exit.
A major chunk of trading in euro-dominated shares has been moving from London to European continental exchanges since the beginning of the week, after the U.K. left the European Union single market.
Polling stations close Tuesday night after Georgians flock to them to cast their ballots — and now the waiting really starts for the outcome of the state’s two Senate runoff elections that will decide the balance of power in Washington.
China’s regulators are trying to get Jack Ma to do something the beleaguered billionaire has long resisted: share the troves of consumer-credit data collected by his financial-technology behemoth.
President Donald Trump signed an executive order banning transactions with eight Chinese-connected apps, including the Alipay payment platform owned by Chinese billionaire Jack Ma’s Ant Group Co.
‘I’ve heard of one case where a young adult purchased a new used car with cash. Another one is approaching the $13,000 mark in savings from unemployment.’