Dollar gains as inflation data looms; yen on intervention watch – Yahoo Finance
Written by Brigid Riley and Alan John TOKYO/LONDON (Reuters) – Traders were wary of key economic indicators and hesitant about the yen’s movements on Thursday after U.S. Federal Reserve policymakers said they were in no hurry to cut interest rates. The dollar appreciated against the euro and pound. Regarding concerns about Japanese intervention. Japan’s currency […]
Trump's media company ticker leads to fleeting windfall for some investors – Yahoo Finance
Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – Possible confusion over former President Donald Trump’s Truth Social’s new stock symbol lowered the stock trading balances of some investors on Tuesday, the first day Trump’s “DJT” ticker traded. at one point soared by hundreds of thousands of dollars. About briefly seeing the value of DJT […]
Cocoa Breaks $10,000 Record, With Pricier Chocolate to Follow – Yahoo Finance
(Bloomberg) — Cocoa futures prices hit an unprecedented $10,000 per tonne, extending a historic rally that has already doubled prices this year and pushed chocolate prices higher. Most Read Articles on Bloomberg Harvest failures by major producers in West Africa have disrupted markets, with the world expected to face a third consecutive year of shortages. […]
Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants – Yahoo Finance
NEW YORK (AP) – Visa and Mastercard announced settlements with U.S. merchants over swipe fees. This could potentially save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard, and other credit card companies in exchange for enabling transactions. Merchants ultimately pass these fees on to consumers who use credit or debit […]
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week – Yahoo Finance
Written by Suzanne McGee and Hannah Lang (Reuters) – Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, according to BitMEX Research data, while the U.S. spot Bitcoin exchange-traded fund (ETF) group posted a There was a net outflow. Since the U.S. Securities and Exchange Commission approved new crypto ETFs in January, there has […]
Intervention threat curbs dollar's ascent towards new high on the yen – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The greenback dominated on Monday, with the yen anchored near multi-decade lows, although threats of currency intervention by Japanese authorities prevented it from heading further north. The yen was previously valued at 151.25 yen to the dollar, and last week it bottomed out at 151.86 yen, the lowest […]
Reddit's site will be 'more vibrant' post-IPO: WallStreetBets mod. – Yahoo Finance
Reddit (RDDT) went public on the New York Stock Exchange via an IPO on Thursday and closed its first full trading day on Friday, March 22nd. The participation of retail investors in meme stock trading, such as the surge in GameStop (GME) in early 2021, which the social media site’s “subreddit” or community page r/WallStreetBets […]
WI counties decline to prosecute campaign finance case against Trump committee
Prosecutors in three Wisconsin counties have declined to pursue felony campaign finance charges against former President Donald Trump’s fundraising committee and Republican state legislators in connection with the effort to unseat House Speaker Robin Vos. . Prosecutors cited a conflict of interest in some cases because of his active involvement in local Republican parties. The […]
UnitedHealth's Change to process $14 billion in medical claims as services come online – Yahoo Finance
(Reuters) – UnitedHealth Group said on Friday that more than $14 billion in medical claims will soon be transferred to its division as multiple services that process medical claims are gradually brought online in the coming weeks following last month’s cyberattack. He said he expects it to start flowing through Change Healthcare. The Feb. 21 […]
Reddit IPO: How the social media stock is trading on day 2 – Yahoo Finance
Reddit (RDDT) entered its first full day of trading on the New York Stock Exchange on Thursday since its IPO. Despite soaring 48% in its market debut, investors remain wary of potential volatility stemming from the company’s decision to offer shares to investors without a lock-up period. Yahoo Finance Jared Bricle and sheena smith Break […]