(Reuters) – Most Asian currencies softened versus the dollar on Monday, marking a slow start to a potentially tense week amid caution ahead of a key U.S. Federal meeting. Markets are bracing for Federal Reserve Chair Jerome Powell’s first monetary policy meeting on Tuesday and a widely expected 25 basis point rate hike. The key […]

Oil and gas executives, worried new steel tariffs will crimp their business and that Donald Trump will pull the U.S. out of the North American Free Trade Agreement, delivered those concerns directly to the president. The executives from major oil companies, including ExxonMobil Corp. and Royal Dutch Shell Plc, met with Trump at 2:30 p.m. […]

WASHINGTON (Reuters) – Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration’s new metals tariffs, according to a Commerce Department document. The draft Federal Register notice, which is expected to be published later on Friday […]

By Hideyuki Sano TOKYO (Reuters) – Asian stocks were on the defensive on Friday as worries over the U.S. investigation into the Trump Organization tested investor nerves, already frayed by fears U.S. tariffs could hurt the global economy and trigger a trade war. MSCI’s broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> slipped 0.2 percent […]

What happened Shares of electric automaker Tesla (NASDAQ:TSLA) dropped as much as 5% in Wednesday trading before retracing to close the day down “only” 4.5%. Multiple stories broke today affecting the stock, including: A report from Bloomberg confirming that Susan Repo, Tesla’s corporate treasurer and vice president of finance, has left the company — this […]

NEW YORK (Reuters) – U.S. President Donald Trump’s high-profile ouster of Secretary of State Rex Tillerson sent the U.S. dollar down slightly on Tuesday, with crude oil falling after an initial jump. Trump gave Tillerson the boot on Tuesday after a series of public rifts over policy on North Korea, Russia and Iran, and replaced […]

NEW YORK (Reuters) – Oil prices were down on Monday as investors grappled with ongoing concerns over rising U.S. output and tight OPEC supply, while the benchmark U.S. yield hovered near multi-year highs ahead of an auction later in the day. Crude prices had risen on Friday and earlier on Monday after the U.S. economy […]

Netflix stock soars As if Netflix stock wasn’t already rising rapidly enough since it reported better-than-expected fourth-quarter resultsOpens a New Window., the stock has been on a tear this week, rising about 10%. This puts Netflix stock up 136% in the past 12 months and 72% year to date. The run-up comes on the heels of […]

Indian Rupee showed much resilience and managed to stand on a strong foot against the dollar despite a massive sell-off in local bourses Reversing its two-straight weeks of downtrend, the rupee ended virtually stable at 65.17 against the US dollar in a highly volatile trade even as uncertainty over U.S. President Donald Trump’s proposed tariffs dominated […]

WASHINGTON (Reuters) – U.S. job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months of strong increases.The closely watched employment report from the Labor Department on Friday […]