 | | | | The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financial stocks, keeping Wall Street's benchmark index near record levels. | | | | | | Boston Federal Reserve Bank President Eric Rosengren said during an interview with the Associated Press on Monday that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall. | | | | | | The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financials stocks, keeping Wall Street's benchmark index near record levels. | | | | | | The U.S. dollar edged up on Monday to touch the highest in more than two weeks against a basket of currencies, buoyed by upbeat U.S. data, even as traders kept a close watch on the spread of COVID-19 cases in the United States. | | | | | | Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, has signed an agreement with London-listed Bluejay Mining (JAY.L) to search in Greenland for critical materials used in electric vehicles. | | | | | | Most Wall Street workers can expect double-digit increases in bonuses this year compared to 2020, while investment bankers could see the biggest checks in roughly a decade, according to a report by compensation consulting firm Johnson Associates Inc. | | | | | | Italy's antitrust authority AGCM will investigate McDonald's (MCD.N) terms and conditions in its agreements with franchise operators following several complaints, according to an AGCM document seen by Reuters. | | | | | | U.S. Treasury Secretary Janet Yellen on Monday said a cryptocurrency-related amendment in the Senate's pending infrastructure bill "will make meaningful progress on tax evasion." | | | | | | India's Securities Appellate Tribunal (SAT) has delivered a split verdict over PNB Housing Finance's 400 billion rupee ($5.4 billion) share allocation to a group of investors led by Carlyle Group, a judgement seen by Reuters showed. | | | | | | A group of 28 U.S. House Democrats on Monday asked congressional leaders to back $85 billion in funding for electric vehicle charging infrastructure, a big jump over funding proposed in a bill before Congress. | | | | | |
