 | | | | The Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyoming, will take place on Aug. 27 virtually and not in person as planned, the clearest signal yet of the central bank's increasing worries about the impact of the COVID-19 Delta variant. | | | | | | Wall Street rallied to close sharply higher on Friday, closing a tumultuous week on easing concerns over whether the U.S. Federal Reserve could begin tightening its dovish monetary policy sooner than expected. | | | | | | Wall Street rallied to close sharply higher at the close of a tumultuous week on waning concerns over whether the U.S. Federal Reserve could begin tightening its dovish monetary policy sooner than expected. | | | | | | U.S. dollar net longs slid in the latest week, according to Reuters calculations and Commodity Futures Trading Commission data released on Friday. | | | | | | Investors are preparing for a rockier ride ahead for markets, as worries over slowing growth, a looming rollback of the Federal Reserve's easy money policies and a global COVID-19 resurgence threaten a rally that has seen the S&P 500 double from last year's lows. | | | | | | Wall Street capped a tumultuous week with a broad-based rally as investors largely shrugged off the looming threat of the COVID-19 Delta variant and signals from the U.S. Federal Reserve that it could begin tightening its dovish monetary policy sooner than expected. | | | | | | The U.S. Environmental Protection Agency is expected to recommend to the White House reducing federal biofuel blending mandates for 2021 to below 2020 levels in what would be a blow to the biofuels industry, two sources familiar with the matter said on Friday. | | | | | | Chinese regulators are considering pressing data-rich companies to hand over management and supervision of their data to third-party firms if they want U.S. stock listings, sources said, as part of Beijing's unprecedented scrutiny of private sector firms. | | | | | | T-Mobile US Inc said on Friday an ongoing investigation into a data breach revealed that hackers accessed personal information of an additional 5.3 million customers, bringing the total number of people affected to more than 53 million. | | | | | | A U.S. appeals court on Friday refused to resurrect fraud claims against shareholders involved in Tribune Co's disastrous $8.2 billion leveraged buyout, but revived claims against two banks that advised the media company. | | | | | |
