Bank of America sees headline inflation falling to 3.1% in June
Bank of America economists expect headline inflation to fall to its lowest levels since March 2021. BofA sees headline CPI…
India stocks lower at close of trade; Nifty 50 down 0.85%
India stocks were lower after the close on Friday, as losses in the Power, Fast Moving Consumer Goods and Real…
Goldman Sachs sees more upside for S&P 500 this year
Goldman Sachs strategists weighed in on the S&P 500 rally with the index returning ~17% in the first half of…
Dow futures flat; payrolls release prompts caution
U.S. stock futures traded largely unchanged Friday, as investors await the release of the widely-watched monthly jobs report as it…
Crypto exchange Binance hit by executive exodus
(Reuters) – A string of executives have quit Binance, according to their tweets and media reports, the latest blow for…
Alibaba shares rise on report China to fine Ant Group, concluding probe
U.S.-listed shares in Alibaba (NYSE:BABA) rose in premarket trading on Friday, boosted by a Reuters report that the Chinese government…
Biotech firms target weight-loss drugs without Wegovy’s side-effects
(Reuters) – Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal – shedding the weight she had not managed…
Analysis-Peru copper miners say red tape snarling red metal production ramp-up
(Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving…
World food prices fall again in June – UN food agency
(Reuters) – The United Nations food agency’s world price index fell in June to its lowest level in more than…
Oil prices set for second straight weekly gain after U.S. data
(Reuters) – Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand…