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Top News & Analysis Illinois

  • NEW YORK, Sept 12- The U.S. dollar fell against the safe-haven yen on Monday as uncertainty surrounding a potential Federal Reserve rate hike this month fueled a selloff in riskier currencies, while speculation of a less-dovish Bank of Japan also helped the yen. The dollar was last down 0.7 percent against the yen at 101.97 yen after falling as low as 101.73 yen, or...

  • LONDON, Sept 12- Gold fell on Monday as pressure from speculation over a potential increase in U.S. interest rates this month offset the metal's safe-haven appeal amid widespread weakness across other assets. Spot gold was down almost 0.3 percent at $1,324.15 an ounce by 1400 GMT, with U.S. gold futures losing 0.5 percent to $1,328. Stocks and bonds fell to levels...

  • LONDON, Sept 12- Gold held its ground on Monday, with pressure from speculation over a potential increase in U.S. interest rates this month offset by the metal's safe-haven appeal amid widespread weakness across other assets. Spot gold was steady at $1,327.23 an ounce at 1152 GMT, with U.S. gold futures down 0.3 percent at $1,330.70. After Boston Fed President Eric...

  • NEW YORK, Sept 12- Payments app Venmo will roll out its first major promotional campaign on Monday, intensifying its battle over young customers' wallets with big banks. Its 15- and 30- second video ads will begin appearing nationally Monday evening on cable networks including MTV and Comedy Central, and on internet-based services Hulu and YouTube.

  • LONDON, Sept 12- Gold steadied on Monday with investors looking for a safe haven as fresh speculation about a near-term U.S. rate hike weighed on equities and other assets. Spot gold held steady at $1,327.92 an ounce at 0930 GMT. After Boston Federal Reserve President Eric Rosengren spoke on Friday, odds on a rate hike in September rose to 30 percent probability...

  • *Asia stocks ex- Japan in steepest fall since Brexit. SYDNEY, Sept 12- Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. MSCI's broadest index of Asia-Pacific shares outside Japan fell 2.4 percent,...

  • Spot gold held steady at $1,328.06 an ounce at 0425 GMT. U.S. gold futures edged 0.1 percent lower at $1,328.30 an ounce. It is going to create a little bit of volatility going forward, "ANZ analyst Daniel Hynes said.

  • TOKYO, Sept 12- The dollar began the week on the back foot on Monday as a bout of risk aversion underpinned the yen, though losses were limited as the U.S. currency garnered some support on renewed talk of a possible rate hike by the Federal Reserve as early as this month. The dollar was down 0.3 percent at 102.445 yen, while the euro slipped 0.2 percent to 115.15 yen.

  • *Asia stocks ex- Japan suffer steepest fall since Brexit. MSCI's broadest index of Asia-Pacific shares outside Japan fell 2.2 percent, pulling away from a 13- month peak. It was the largest daily drop since the frenzy caused by Britain's vote in late June to leave the European Union.

  • TOKYO, Sept 12- The dollar began the week on the back foot on Monday as a bout of risk aversion underpinned the yen, though the U.S. currency garnered some support on renewed talk of a possible rate hike by the Federal Reserve as early as this month. The dollar was down 0.2 percent at 102.50 yen, while the euro slipped 0.1 percent to 115.21 yen. Fed governor Lael Brainard...

  • NEW YORK, Sept 11- With the U.S. government siding in favor of Native American protests against a key North Dakota pipeline, local oil producers and shippers are facing the possibility of greater delays in getting a quick route to ship oil to the Gulf of Mexico. On Friday, following ongoing protests from environmentalists and Native American tribes, the U.S....

  • WASHINGTON/ BISMARCK, North Dakota, Sept 9- The Obama administration stepped into a dispute on Friday over a planned oil pipeline in North Dakota that has angered Native Americans, appealing for calm while blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington...

  • NEW YORK, Sept 9- A rare run of outperformance by U.S. bank shares appears to have hit a wall as a spate of soft readings on the economy have tempered bets that the Federal Reserve might raise rates soon. "Bank are increasing, and the possibility of a rate increase means they can reasonably be expected to be doing more business and making more money on it," said Brad...

  • WASHINGTON, Sept 9- The Obama administration stepped into a dispute on Friday over a planned oil pipeline in North Dakota that has angered Native Americans, appealing for calm while blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington rejected a request from...

  • *North Korea conducts fifth nuclear test. NEW YORK, Sept 9- U.S. stocks dropped on Friday, giving the S&P 500 its worst day since June as investor nervousness increased following a nuclear test by North Korea and Federal Reserve officials' comments lifted rate hike bets. Long-dated yields reached more than two-month highs, after reports suggested Japan is...

  • WASHINGTON, Sept 9- The U.S. government moved on Friday to temporarily halt an oil pipeline in North Dakota that has angered Native Americans, blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington rejected a request from Native Americans for a court order to block the...

  • CHICAGO, Sept 9- U.S. corn and soybean futures finished narrowly higher on Friday, capping big weekly gains in a choppy session of light-volume trading ahead of the U.S. Department of Agriculture's monthly supply and demand report next week. Chicago Board of Trade corn futures hit a 2-1/ 2- week high and soybeans finished at the highest levels in two weeks while...

  • WASHINGTON, Sept 9- The U.S. government moved on Friday to halt a controversial oil pipeline project in North Dakota that has angered Native Americans, blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington rejected a request from Native Americans for a court order to...

  • WASHINGTON, Sept 9- The U.S. government moved on Friday to halt a controversial oil pipeline project in North Dakota that has angered Native Americans, blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington rejected a request from Native Americans for a court order to...

  • WASHINGTON, Sept 9- The U.S. government moved on Friday to halt a controversial oil pipeline project in North Dakota that has angered Native Americans, blocking construction on federal land and asking the company behind the project to suspend work nearby. District Judge James Boasberg in Washington rejected a request from Native Americans for a court order to...