Oil prices lifted by hopes that China will relax zero-COVID rules
Oil prices lifted by hopes that China will relax zero-COVID rules
Oil prices lifted by hopes that China will relax zero-COVID rules
President Joe Biden told reporters on Tuesday that he's confident that a railroad strike can be avoided, as he met with top U.S. lawmakers about year-end legislative priorities. "There's a lot to do, including resolving the train strike," Biden also said. Separately, an analyst said there appears to be bipartisan support in Congress to act as soon as the end of this week, or well ahead of the Dec. 9 strike deadline.
Читать дальше...Railroad stocks surging after Biden urged Congress to act to avert strike
Shares of railroad operators rallied Tuesday, as Evercore ISI analyst Jonathan Chappell said President Joe Biden's urging of Congress to step into the stalled talks between labor unions and rail operators effectively removes the risk of a strike. Biden's urging comes after a coalition of more than 400 business groups sent a letter asking congressional leaders to step get involved to avert a strike, which many believe would have devastating effects on the U.S. economy. Evercore's Chappell said... Читать дальше...
Amid ongoing anti-government protests in Iran, the families of the country’s soccer team have allegedly been threatened with imprisonment and torture if the players fail to “behave” in their pivotal World Cup match against the U.S. on Tuesday.
Oil futures rise as traders see signs China may ease up on COVID-19 restrictions following a wave of protests
The head of the International Monetary Fund on Tuesday joined the chorus of people urging China to adopt a more targeted approach to the coronavirus pandemic.
Gold futures head higher on Tuesday as the U.S. dollar stabilizes, easing pressure on the dollar-denominated prices for precious metal.
In recent years, they have actually hurt; although they may have dampened volatility.
A survey of consumer confidence fell to 100.2 in November and touched the lowest level in four months, reflecting growing angst about a softening economy and potential recession.
U.S. consumer confidence hits 4-month low: Conference Board
In his first late-night interview since the Oscars slap, Will Smith says, ‘That is not who I want to be’
MarketWatch Live: U.S. stocks edge lower as fear over COVID in China attenuates
U.S. stocks opened mixed as investors weighed comments from Chinese officials that long-term COVID-19 restrictions would be avoided as well as home price data in the U.S. The Dow Jones Industrial Average was down 0.2% soon after the opening bell, while the S&P 500 was about flat and the technology-heavy Nasdaq Composite edged up 0.1%, according to FactSet data, at last check. Home prices fell in September in all 20 top cities in the U.S., according to Case-Schiller index data released Tuesday. Читать дальше...
Home prices declined in September in all 20 top U.S. cities: Case-Shiller
RIV Capital Inc. on Tuesday reported a second-quarter loss of $141.9 million, or 84 cents a share, from a loss of $7.79 million, or a penny a share, in the year-ago quarter. Revenue increased to just under $2 million from zero revenue in the year-ago period. The latest quarter included a non-cash, goodwill impairment charge of $138.9 million related to its acquisition of New York-based cannabis company Etain, which it expects to close before the end of the year. RIV Capital, which was formerly... Читать дальше...
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Shares of DraftKings Inc. jumped 2.3% in premarket trading Tuesday, after the online sports betting and fantasy sports company and Churchill Downs Inc. announced a multi-year agreement that will bring betting on horse racing to DraftKings. Churchhill Downs' stock was inactive in the premarket. DraftKings said it will launch "DK HORSE" in the coming months, a standalone app that will require customers to sign up and deposit funds separate from their "one account, one wallet" that is tied to DraftKings Sportsbook... Читать дальше...
Market maker Virtu Financial Inc. said Tuesday it has launched a Freedom of Information Act (FOIA) lawsuit against its own regulator, the Securities and Exchange Commission, over the latter's failure to provide information about its rulemaking process and interactions of the chair with interested parties. Virtu said the suit was filed in the U.S. District Court of the Southern District of New York and that it's being represented by Paul, Weiss, Rifkind, Wharton & Garrison LLP. Virtu said... Читать дальше...
By emulating Singapore or Japan, China could experience a strong rebound in economic growth without an unacceptably high number of COVID-19 deaths.
A "honeymoon stage" for electric vehicles in China is coming to an end, analysts at Jefferies said in a note Monday, highlighting EV makers BYD Auto and Li Auto as their top picks and downgrading their rating on XPeng Motors.
Royal Bank of Canada agrees to acquire 130-branch HSBC Canada for C$13.5 billion ($10.1 billion) in the latest big bank deal
U.S.-listed shares of Chinese internet names were gaining in premarket action amid indications that China's government was getting a better hold on the pandemic.
Banks already reimburse customers for unauthorized transactions but have been slow to respond to those who send money to scammers.
Crypto lender BlockFi is suing FTX founder Sam Bankman-Fried: report
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