The St. Louis Blues won the National Hockey League's Stanley Cup for the first time with a 4-1 win over the Boston Bruins in the decisive seventh game of the championship series on Wednesday.
*Reports say U.S. may postpone Mexico tariffs. But strategists urged caution until a final U.S.- Mexico deal is reached and followed by a U.S.- China trade deal. "You have to take all of this with a huge grain of salt," said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute in St. Louis, adding that even if the Mexico report is true, "it...
.The U.S. dollar fell to a six-month low against the Japanese yen on Wednesday after weak private jobs data increased expectations of Federal Reserve interest-rate cuts in 2019.
*FTSE 100 up 0.4%, FTSE 250 up 0.6%. The FTSE 100 rose 0.4% while the mid-cap FTSE 250 had added 0.6% by 0800 GMT. Following up on comments by St Louis colleague James Bullard, U.S.
A St. Louis judge ruled Tuesday that testimony from non-staff doctors at Missouri's only abortion clinic will not be necessary for a hearing that will determine if the clinic can remain open.
Gold on Tuesday steadied below a three-month peak on news China was open to negotiating a resolution of its trade dispute with the United States, while rising expectations that the U.S. Federal Reserve will cut interest rates provided underlying support.
ST. LOUIS FED'S BULLARD: INTEREST RATE CUT MAY BE "WARRANTED SOON" ON TRADE, INFLATION RISKS.
The reports come after the United States temporarily eased curbs on Huawei Technologies Co Ltd, calming investor nerves on Tuesday over a hit to technology sector earnings from the Trump administration's decision last week to add the Chinese telecoms equipment maker to a trade blacklist. "Both sides feel they've leverage right now to take harder position...
NEW YORK, May 22- The U.S. dollar held near a one-month high on Wednesday amid heightened trade tensions between the United States and China and ahead of the release of Federal Reserve meeting minutes which may provide more clues on why the central bank stood pat on interest rates earlier this month. In Hong Kong earlier Wednesday, James Bullard, president of the...
May 22- U.S. stocks dipped on Wednesday, as reports that Washington could impose sanctions on another Chinese company heightened trade worries, while a slump in Qualcomm shares pressured the technology sector. The reports come after Washington's decision to temporarily ease curbs on Huawei Technologies calmed investors nerves on Tuesday over a hit to...
May 22- U.S. stocks were on track to open lower on Wednesday, as fears resurfaced of a possible escalation in the trade war between the United States and China following reports that Washington could impose sanctions on another Chinese company. "What investors are looking at is the fact that this could be another retaliation," said Kim Forrest, chief investment...
HONG KONG, May 22- Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the Federal Reserve Bank of St. Louis, said on Wednesday. The risk of the Fed missing its 2% inflation target and the trade war were two key macroeconomic challenges to the...
May 13- A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG's glyphosate-based Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. Both other jury verdicts also came in California, one in state court and one in federal court.
May 13- A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG's glyphosate-based Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. Both other jury verdicts also came in California, one in state court and one in federal court.
It marked the 21st consecutive quarter for farm incomes dropping in the Eighth Federal Reserve District, which includes all or parts of seven Midwest and Mid-South states: Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee. Agricultural credit conditions also deteriorated during the first quarter of 2019 in parts of Illinois, Indiana,...
CHICAGO, May 9- U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the first quarter of 2019 amid ongoing strain from low commodity prices, trade uncertainty and severe weather, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City. This marks the 21st consecutive quarter for farm...
This marks the 21st consecutive quarter for farm incomes dropping in the Eighth Federal Reserve District, which includes all or parts of seven Midwest and Mid-South states: Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.
*China vice premier to visit U.S. for trade talks. NEW YORK, May 7- U.S. stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin said late on Monday that China had backtracked...
*China vice premier to visit U.S. for trade talks. NEW YORK, May 7- U.S. stocks tumbled more than 2 percent on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets. Monday's comments from Lighthizer and Mnuchin raised concerns among several investors that Trump's...
NEW YORK, May 3- Global equity markets rallied on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after several Federal Reserve officials voiced concerns about low inflation. Wall Street stocks rallied, with each of the major indexes firmly in positive territory, putting both the S&P 500 and Nasdaq on track for...
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