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Global shares rally on rate cut hopes, yen weakens – Yahoo Finance

Written by Herbert Rush and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global stock markets rebounded on Monday on optimism that major central banks will cut interest rates this year, while the yen, which soared last week amid allegations of Japanese currency interference, fell against the dollar. . A weaker-than-expected U.S. labor market report on Friday […]

Kris Kim, 16, becomes youngest player to make PGA Tour cut in nine years

McKINNEY, Texas — Chris Kim, a 16-year-old amateur playing the CJ Cup Byron Nelson on a sponsor exemption, becomes the youngest player to play in a PGA Tour event in nine years. Kim Byung-hyun finished Friday’s second round with a birdie, marking a 4-under 67. With a score of 7-under par and 135, he was […]

Dow surges nearly 500 points after Fed hints at rate cut

Stocks on Wall Street were volatile but soared Wednesday. The Fed left its main interest rate unchangedwas in line with expectations, but indicated that the next move in interest rates would likely be a rate cut. The Dow Jones Industrial Average rose 476 points, or 1.3%, to $38,292. The S&P 500 rose 0.9% and the […]