• August 21, 2024

Oil Steadies as Traders Weigh US Stockpiles and Gaza Talks

(Bloomberg) -- Oil steadied following a short run of declines, as traders monitor weekly stockpile data in the US and Washington continued its push for a cease-fire between Israel and Hamas. Bren...

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• August 21, 2024

Top CEOs stand by Business Roundtable shift to serve 'all of our stakeholders'

Some of America’s most influential CEOs aren’t backing down from their assertion that a company’s purpose is to serve "all of our stakeholders," reaffirming a major philosophical shift that jolted t...

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• August 21, 2024

South Africa Inflation Plunge Backs Case for Rate Cut Next Month

(Bloomberg) -- South Africa’s inflation rate dropped to the lowest level in three years, supporting the case for monetary policy easing this quarter. Consumer prices rose 4.6% in July from a year...

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• August 21, 2024

Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next

Japanese Yen (USD/JPY) Analysis Japan's July trade balance likely impacted by a significantly stronger yen Economists and market participants expect another rate hike ...

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• August 20, 2024

FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor. In a ruling Tuesday, U.S....

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• August 20, 2024

Gold touches record high amid 'firm demand' from central banks and ETFs

Gold prices reached record highs on Tuesday as investors continue to flock to the precious metal ahead of the Federal Reserve's expected rate cut in September. Spot gold surged above $2,525 per o...

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• August 20, 2024

Indonesia, Thailand Set for Rate Pause as They Await Fed Easing

(Bloomberg) -- Policymakers in Southeast Asia’s two largest economies will probably keep interest rates unchanged on Wednesday as they weigh uncertainties over political transitions while awaiting t...

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• August 20, 2024

Stock market today: S&P 500, Nasdaq snap 8-day winning streak as focus turns to Jackson Hole

Markets took a breather on Tuesday to snap their longest rally this year, with all three major indexes closing in the red as the focus shifts to Fed Chair Powell's speech at Jackson Hole later thi...

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• August 20, 2024

Netflix stock secures record close as company touts ad sales ahead of NFL, WWE debuts

Netflix ( NFLX ) stock nabbed a closing record on Tuesday, finishing the day up more than 1% to trade just under $699 a share. The stock's previous record close was just below $692 in 2021. Ear...

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• August 20, 2024

Federal court shoots down STB’s streamlined rate dispute resolution process

This story originally aired on Trains.com. WASHINGTON – A federal appeals court on Tuesday tossed out the Surface Transportation Board’s streamlined process for ...

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