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Financial News
GLOBAL MARKETS-Wall Street skids on inflation fears; USD, bond yields jump
ReutersStock Markets
(Adds market details) * US CPI rose 0.8% in April vs 0.2% forecast * S&P 500 in biggest one-day decline in 2-1/2 months * U.S....
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GLOBAL MARKETS-Wall Street skids on inflation fears; USD, bond yields jump
By Reuters - 18 minutes ago
(Adds market details) * US CPI rose 0.8% in April vs 0.2% forecast * S&P 500 in biggest one-day decline in 2-1/2 months * U.S. Treasury yields jump on inflation data *...
Bumble Swings to Profit in Q1 as Reopening Drives Dating Activity
By Investing.com - 1 hour ago
By Yasin Ebrahim Investing.com - Bumble reported first-quarter results that topped analysts estimates as the dating app benefited from the economic reopening. Bumble slipped...
US STOCKS-Wall Street ends with broad sell-off on spiking inflation fears
By Reuters - 1 hour ago
(For a Reuters live blog on U.S., UK and European stockmarkets, click LIVE/ or type LIVE/ in a news window.) * U.S. consumer prices jump most since June 2009 * Megacap growth...
FOREX-Dollar rises moderately on jump in U.S. inflation
By Reuters - 1 hour ago
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (New throughout) By Kate Duguid NEW YORK, May 12 (Reuters) - The U.S. dollar was higher onWednesday, though well within recent...
US STOCKS-Wall Street closes sharply lower as inflation fears heat up
By Reuters - 1 hour ago
(For a Reuters live blog on U.S., UK and European stockmarkets, click LIVE/ or type LIVE/ in a news window.) (Updates to market close) By Stephen Culp NEW YORK, May 12 (Reuters) -...
A Tiny Fund’s Assets Jump 1,700% This Year Thanks to Carbon Boom
By Bloomberg - 2 hours ago
(Bloomberg) -- This year’s surge in carbon prices has turned a little-known ETF into one of the fastest-growing products in the $6.2 trillion industry. In just five months, the...
UPDATE 10-Oil rises to 8-wk high on demand hopes, U.S. export decline
By Reuters - 2 hours ago
(New throughout, updates prices, market activity and comments) By Scott DiSavino NEW YORK, May 12 (Reuters) - Oil prices rose to aneight-week high on Wednesday as U.S. crude...
Dollar Catches Ride Higher on Inflation-Led Jump in U.S. Bond Yields
By Investing.com - 2 hours ago
By Yasin Ebrahim Investing.com - The dollar jumped Wednesday, riding the sharp upswing in U.S. bond yields following a red-hot inflation report for April that could continue as...