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Markets are underestimating the strength of the U.S. dollar, Deutsche Bank says
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MarketWatch - Business
Labor market is not ‘flashing red,’ two top Fed officials say
Two top Federal Reserve officials on Monday said that they don’t think the labor market is weakening dangerously — but the risk of further softening called for last week’s half-point cut in the ...27 minutes ago - Federal Reserve -
CNBC - Business
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.3 days ago - Travel -
ABC News - World
Satellite news network Al Jazeera says Israel raids its office in Ramallah in the West Bank and orders it closed
Satellite news network Al Jazeera says Israel raids its office in Ramallah in the West Bank and orders it closedYesterday - Israel -
The New York Times - Business
2 Stole $230 Million in Cryptocurrency and Went on a Spending Spree, U.S. Says
Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.2 days ago -
CBS News - Top stories
U.S. "losing a generation" to deadly fentanyl, DEA head says
Fentanyl, which is often hidden in counterfeit pills, is fueling the worst drug crisis in U.S. history. Last year the synthetic opioid killed more than 70,000 Americans.14 hours ago
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MarketWatch - Business
Investors cheer a soft landing scenario after Fed’s big rate cut. But they’re still keeping their guard up for a downturn.
The Federal Reserve finally gave stock-market investors what they wanted this week by cutting interest rates for the first time since March 2020, making a soft landing for the economy more likely ...5 minutes ago -
MarketWatch - Business
Biohaven’s stock surges as treatment slows progress of neurological disorder
Shares of Biohaven climbed 13% premarket on Monday after the biotech company said its treatment for a rare neurological disorder slowed progress of the condition in a clinical trial.6 minutes ago -
MarketWatch - Business
Ulta Beauty downgraded as TD Cowen cites medium-term challenges
Ulta Beauty Inc. was downgraded by TD Cowen Monday, with the analyst firm citing the increasing cost of competition for the specialty retailer.6 minutes ago -
MarketWatch - Business
Treasury yields climb as traders bet on more aggressive Fed cuts
Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver at least one more jumbo interest-rate cut by the end of the year.12 minutes ago - Federal Reserve -
MarketWatch - Business
Bank of America on track to open 40 new branches this year
While more customers are doing their banking online, bank branches are still being added and renovated for customers to meet in person with bankers.21 minutes ago