Euro slips as ECB policymaker takes cautious tone
(Reuters) – The euro edged back on Thursday after comments from German policymaker Isabel Schnabel failed to give firm clues…
Gold steadies amid Fed pause bets, weak China PMIs dent copper
Gold prices steadied near three-week highs on Thursday as weak economic readings from the U.S. fueled more bets that the…
Coal miners forced to save for a rainy day by insurance snub
(Reuters) – Some coal producers are having to set aside tens of millions of dollars to cover their own risks…
Dollar stabilizes ahead of PCE inflation data; euro awaits eurozone CPI release
The U.S. dollar stabilized in early European trade Thursday, after hefty losses this week as signs of a cooling U.S.…
Tesla faces federal probe over vehicle range after Reuters report
(Reuters) – Federal prosecutors are looking into Tesla (NASDAQ:TSLA) performance claims after Reuters reported the electric carmaker exaggerated the potential…
Japan stocks higher at close of trade; Nikkei 225 up 0.74%
Japan stocks were higher after the close on Thursday, as gains in the Precision Instruments, Shipbuilding and Banking sectors led…
US insurers brace for Idalia claims, UBS estimates $9.36 billion cost in Florida
(Reuters) -Insurers were expected to face claims for billions of dollars from Hurricane Idalia which made landfall in Florida on…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.10%
Australia stocks were higher after the close on Thursday, as gains in the Telecoms Services, IT and Financials sectors led…
U.S. stocks are rising on hopes for a pause on rate hikes
U.S. stocks were gaining on Wednesday despite weaker than expected economic data as investors looked toward Friday’s job report for…
Elon Musk’s X can’t beat lawsuit claiming age bias in layoffs
(Reuters) – A California federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called…