By Marc Frank HAVANA – Cuba announced it will begin purchasing on Thursday dollars and other convertible currencies at nearly five times the current rate in an effort to undercut …
"dollar tree"
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By Fergal Smith TORONTO – The Canadian dollar strengthened against the greenback on Wednesday as worries about a possible recession eased following encouraging economic data from the United States, Canada’s …
- Financial News
Wall Street rallies on economic data, crude falls as stockpiles jump
by Reutersby ReutersBy Stephen Culp NEW YORK – U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday as robust economic data, upbeat corporate guidance and …
- Financial News
Gold expected to be contained by interest rates and strong dollar: Reuters poll
by Reutersby ReutersBy Ashitha Shivaprasad and Peter Hobson (Reuters) – Gold will average $1,745 an ounce in 2023, slightly below current prices, as high interest rates and a strong dollar reduce its …
- Department of Justice Press Releases
Sixteen Members Of Own Every Dollar Gang Charged In Manhattan Federal Court With Racketeering And Narcotics Offenses
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, Frank A. Tarentino III, the Special Agent-in-Charge of the New York Field Office of the Drug Enforcement …
- Featured NewsTop HeadlinesUS and World News
Here’s One Business That’s Thriving As Inflation Soars Under Biden — Dollar Stores
Here’s One Business That’s Thriving As Inflation Soars Under Biden — Dollar Stores Max Keating on August 1, 2022 As American families are looking to cut costs amid historically high …
- Featured NewsTop HeadlinesUS and World News
Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package
Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package Jack McEvoy on July 29, 2022 Green energy shares spiked on Thursday after Sen. Joe Manchin of West Virginia …
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By Lawrence Delevingne (Reuters) -U.S. stocks extended their mid-summer rebound https://www.reuters.com/markets/europe/nasdaq-futures-surge-apple-amazon-hold-out-against-weak-consumer-spending-2022-07-29 on Friday, with the dollar and some longer-term Treasury yields dipping, as Wall Street cheered positive corporate news in …
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By Michael Erman and Leroy Leo (Reuters) -Merck & Co on Thursday reported higher-than-expected second-quarter earnings and revenue on strong sales of its blockbuster cancer immunotherapy drug. Much of that …
- Breaking NewsNew York City NewsNew York NewsPolice Blotter
Clerk at Lower Manhattan Family Dollar Slashed During Armed Robbery
by Adam Devineby Adam DevineNEW YORK, NY – A store employee working at a Family Dollar store in lower Manhattan was slashed during an armed robbery last Friday. Police are now searching for the …
- Featured NewsTop HeadlinesUS and World News
Drug Manufacturer Agrees To Multi-Billion Dollar Settlement With Victims Of Opioid Epidemic
Drug Manufacturer Agrees To Multi-Billion Dollar Settlement With Victims Of Opioid Epidemic John Hugh DeMastri on July 27, 2022 Teva Pharmaceuticals, one of the world’s largest generic drug manufacturer, has …
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(Corrects data release day to Wednesday in paragraph 9) By Chuck Mikolajczak NEW YORK – The dollar fell on Wednesday against a basket of major currencies after the U.S. Federal …
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By Chuck Mikolajczak NEW YORK – The dollar was lower against a basket of major currencies on Monday, as investors weighed the implications of a rate hike by the U.S. …
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By David Randall NEW YORK – Companies reporting earnings in coming weeks are likely to mention one common factor gouging their results: the strong dollar. The U.S. currency stands near …
- Financial News
Stocks fall after touching six-week high, dollar weaker after U.S. data
by Reutersby ReutersBy Chuck Mikolajczak NEW YORK – A gauge of global stocks fell on Friday to end the trading week on a down note after five straight sessions of gains, while …
- Featured NewsTop HeadlinesUS and World News
Democrat Rep Spends More Campaign Dollars At Swanky Golf Club Amid Ethics Probe
Democrat Rep Spends More Campaign Dollars At Swanky Golf Club Amid Ethics Probe Gabe Kaminsky on July 22, 2022 A Democratic congressman spent thousands in campaign funds at a private …
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By Chuck Mikolajczak NEW YORK – A gauge of global stocks rose for a fourth straight day on Wednesday, buoyed by optimism over the early stages of the U.S. corporate …
- Financial News
Netflix soothes Wall Street concerns with customer growth forecast
by Reutersby ReutersBy Lisa Richwine LOS ANGELES -Netflix Inc on Tuesday averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June, and predicted it …
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By Echo Wang (Reuters) – U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried …
- Financial News
Stocks jump as U.S. earnings pick up, dollar falls for third session
by Reutersby ReutersBy Chuck Mikolajczak NEW YORK – A global gauge of stocks notched its biggest one-day percentage gain in nearly a month on Tuesday and the dollar weakened for a third …
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By Chuck Mikolajczak NEW YORK – A gauge of global stocks edged higher on Monday as a late-session sell-off in U.S. equities trimmed earlier gains while the dollar slipped as …
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By Karen Brettell NEW YORK – The dollar fell on Friday as investors evaluated how high the Federal Reserve is likely to raise interest rates by when it meets later …
- Financial News
World stocks rally, dollar dips as investors weigh spending data, inflation scares
by Reutersby ReutersBy Katanga Johnson (Reuters) – Global equities climbed on Friday, while the dollar dipped and oil rose as investors reduced their expectations of an aggressive interest rate hike by the …
- Financial News
Wall Street gulps as U.S. inflation tops 9%, euro pierces parity
by Reutersby ReutersBy Katanga Johnson and Marc Jones WASHINGTON/LONDON – World equities wavered on Wednesday as investors digested a report showing U.S. annual consumer prices jumped 9.1% in June -the largest increase …
- Financial News
Explainer-Michael Barr faces long to-do list as the U.S. Fed’s next Wall Street cop
by Reutersby ReutersBy Pete Schroeder WASHINGTON – An ambitious to-do list awaits Michael Barr, a former senior Treasury official who the U.S. Senate voted Wednesday to confirm to serve as the Federal …