S&P 500 edges down on virus woes, slowing economy

(In paragraph 2, corrects to show that Waller was speaking on CNBC. Corrects paragraph 3 to read, “He also suggested the Fed could announce in September it would start to …”, not “…the Fed could start to reduces its monthly

Asian shares down, set for worst month since March 2020

SHANGHAI (Reuters) – Asian shares slipped on Friday, with a gauge of regional equities set for its biggest monthly drop since the height of global pandemic lockdowns last March, while the dollar lagged near one-month lows on expectations of continued

Wall St rises as earnings lift outlook

NEW YORK (Reuters) – U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level. The U.S. economy grew solidly in the second quarter, putting the level

U.S.'s Blinken urges Tunisia to return to 'democratic path'

TUNIS (Reuters) -U.S. Secretary of State Antony Blinken on Thursday said he had urged Tunisia’s president to take action that would return the country “to the democratic path” after his seizure of governing powers on Sunday.A police officer pushes back

S&P 500, Dow rise as economic growth picks up pace

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo(Reuters) – The S&P 500 and the Dow indexes rose on Thursday as a slate of strong corporate

China buyers re-emerge, patient Fed saps dollar

LONDON (Reuters) – World share markets were back on the climb on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus and reassurances from Beijing saw beaten-up Chinese stocks leap off the canvas.FILE PHOTO:

U.S. goods trade deficit widens in June

FILE PHOTO: Sea gulls sit on a lamppost beside shipping containers stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian SnyderWASHINGTON (Reuters) – The U.S. trade deficit in goods increased in June as

McDonald's sales surge on BTS meal craze, easing restrictions

(Reuters) – McDonald’s Corp said easing COVID-19 restrictions and the roaring popularity of a new meal inspired by South Korean pop band BTS helped the world’s biggest fast-food chain beat Wall Street expectations for global sales on Wednesday.Slideshow ( 2