A look at the day ahead in U.S. and global markets from Mike Dolan
With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates just yet - buoying the dollar as other central banks chomp at the bit.
Fed Governor Christopher Waller set the tone for the Easter break on Wednesday indicating the central bank was being patient rather than hesitant in lowering borrowing costs... (continue reading...)
By Wa Lone and Nivedita Balu
NIAGARA FALLS, Ontario (Reuters) - From vintage train rides costing almost $4,000 per person to hotel rooms listed at $1,600 a night, businesses in and around majestic Niagara Falls are preparing to cash in on the April 8 total solar eclipse - with around a million visitors expected.
The dramatic waterfall, situated along the Canadian-U.S. border, is in the path of the eclipse, and many people are splurging on... (continue reading...)
By Stephanie Kelly and Moira Warburton
NEW YORK (Reuters) - U.S. President Joe Biden's campaign has pulled in more money ahead of November's election than that of his Republican rival Donald Trump, which analysts attribute to Biden's incumbent status and support from Democratic predecessors.
That support will be on full display Thursday at a fundraising event for Biden in New York City, where former Presidents Barack Obama and Bill... (continue reading...)
By Luc Cohen
NEW YORK (Reuters) -A few years after graduating from college, Sam Bankman-Fried grew worried he was not taking enough risks.
So the son of two Stanford Law School professors quit his Wall Street job and in 2017 started a cryptocurrency hedge fund, setting off a sequence of events that culminated on Thursday with him being sentenced to 25 years in prison over what federal prosecutors called one of the biggest financial frauds... (continue reading...)
MOSCOW (Reuters) - Kremlin spokesman Dmitry Peskov said on Thursday that Russia was working with partners amid unprecedented pressure from the U.S. and European Union after Reuters reported Moscow was experiencing some delays for oil payments.
Reuters reported that Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates become more wary of U.S. secondary sanctions.
... (continue reading...)More Reuters
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