Safe-havens rise on coronavirus concerns, stocks rebound

NEW YORK (Reuters) – Gold rose and the dollar hit a four-month high against the euro on Monday on safe-haven appeal as the death toll from the coronavirus outbreak passed that of the SARS epidemic two decades ago, but Wall Street rallied to record highs. Worries about the coronavirus kept investors on edge, as the World Health Organization warned transmission […]

Read more

Oil hits 13-month lows as coronavirus cuts demand

NEW YORK (Reuters) – Oil prices fell to the lowest in more than a year on Monday as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies. Brent crude LCOc1 settled down $2.17, or 3.8% at $54.45 a barrel, its lowest since January last year. U.S. West Texas Intermediate (WTI) crude CLc1 fell […]

Read more

Global stocks jump as China markets reopen, dollar gains

NEW YORK (Reuters) – The dollar strengthened and a gauge of global stocks jumped, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China. Gold fell more than 1%, retreating from a four-week high, as China’s efforts to protect its economy […]

Read more

U.S. stock rally faces major test as China virus spreads

NEW YORK (Reuters) – The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy. So far, the selling has been measured, with most investors confident that the U.S. economy remains in good shape and the Federal Reserve […]

Read more

Jesse Watters on impeachment witnesses: 'Think about how far they're willing to go to protect Hunter Biden'

Trump lawyers say case against president is ‘flimsy’ Democrats and Republicans gear up for partisan battle; reaction and analysis on ‘The Five.’ "The Five" co-hosts Jesse Watters and Juan Williams debated Monday whether or not Democratic presidential candidate Joe Biden's son Hunter was a relevant witness for Republicans to call during the Senate impeachment trial. "Think about how far they're [Democrats] willing to go to […]

Read more

Oil prices rise as China agrees to more U.S. energy purchases

TOKYO (Reuters) – Oil prices rose on Thursday, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supplies from the United States to China. Brent LCOc1 was 33 cents, or 0.5%, higher at $64.33 a barrel by 0118 GMT, while U.S. crude was […]

Read more

New York lawmaker says Cuomo will have 'blood on his hands' if bail reform law isn't changed

Criminals take advantage of New York’s new bail laws New law in New York eliminates bail for various violent crimes; reaction from New York state assemblywoman Nicole Malliotakis. New York Republican Assemblywoman Nicole Malliotakis slammed the state's new bail reform law, which has come under fire after an accused serial bank robber allegedly struck another bank days after he was released from jail. Speaking […]

Read more

Oil tops $70 as Iran, Trump trade threats

LONDON (Reuters) – Oil prices rose over 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike which killed a top Iranian military commander. Brent crude futures LCOc1 soared to a high of $70.74 a barrel and was at $69.38 at […]

Read more

Global shares inch to new highs on trade hopes; dollar little changed

NEW YORK (Reuters) – The dollar traded little changed while equity markets added to a year-end rally on Monday, with both a gauge of stock performance worldwide and Wall Street hitting new highs amid renewed optimism over U.S.-China trade and growth prospects. China’s finance ministry said it will lower tariffs on products ranging from frozen pork and avocados to certain […]

Read more
1 2 3 21