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Author: Daniel snow
[ad_1] Dollar slips lower, but on course for weekly gains on solid economic data [ad_2] Source link
[ad_1] Asia FX set for weekly losses amid strong dollar, Fed concerns [ad_2] Source link
[ad_1] Dollar set for weekly gain as firm US data tempers Fed easing bets [ad_2] Source link
[ad_1] Abbott Laboratories CEO Robert Ford unpacked his company’s latest quarterly report in a Thursday interview with CNBC’s Jim Cramer, saying that Wall Street’s reaction to the results was extreme.”I think this is a little bit of an overreaction. Of course, we are all over this,” Ford said. “We’re focused on this, but the fundamentals of the entire rest of the company are pretty much intact, and this is just really a point in time that we have to get through.”While Abbott posted a top and bottom line beat for the second quarter, investors were disappointed that the company tightened…
Fed’s Waller says labor market is weaker than it looks, justifying interest-rate cut this month
[ad_1] Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues — cut interest rates now because the labor market is weaker than you think, and inflation from higher tariffs isn’t a worry. [ad_2] Source link
[ad_1] Japan's minority government faces election snub as economic storm brews [ad_2] Source link
[ad_1] Three significant pieces of crypto legislation make further headway. [ad_2] Source link
[ad_1] Banks are gearing up to take on payments competition from stablecoins, which could increase after Congress passed the Genius Act. [ad_2] Source link
[ad_1] China has been displaying intellectual and innovative vitality for decades and the United States has scarcely mobilized. [ad_2] Source link
[ad_1] Oracle’s stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap. [ad_2] Source link