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Ethereum major upgrade activated; ether stays lower
NEW YORK (Reuters) - A major software upgrade on Ethereum, the second-largest blockchain network, was activated on Thursday, a move seen as stabilizing transaction fees on the network and subsequently...
Syndicated Content Aug 05, 2021
Canada unexpectedly posts huge trade surplus in June, biggest since 2008
OTTAWA (Reuters) -Canada unexpectedly posted a trade surplus of C$3.23 billion ($2.58 billion) in June, the largest in almost 13 years, as exports jumped on higher shipments of oil and autos, Statisti...
Syndicated Content Aug 05, 2021
U.S. weekly jobless claims fall; layoffs lowest in more than 21 years
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits declined further last week, while layoffs dropped to their lowest level in just more than 2...
Syndicated Content Aug 05, 2021
Stagflation? Recession? Bond market messages puzzle investors
By Yoruk Bahceli (Reuters) - If bond markets are taken at their word, the world post-pandemic will be defined by stagflation, a toxic scenario that appears at odds with the bounceback indicated by rob...
Syndicated Content Aug 05, 2021
Russia finds U.S. investor Calvey guilty of embezzlement – report
MOSCOW (Reuters) -A Russian court on Thursday found U.S. investor Michael Calvey guilty of embezzlement, state news agency TASS reported, in a case followed closely by the international business commu...
Syndicated Content Aug 05, 2021
Outokumpu sees strong stainless steel demand continuing
By Essi Lehto HELSINKI (Reuters) - Shares in Finnish stainless steel maker Outokumpu fell 5.6% to 5.46 euros on Thursday after the company beat expectations in second-quarter core earnings but warned ...
Syndicated Content Aug 05, 2021
Judge orders U.S. to respond to CDC eviction ban challenge by Friday
By David Shepardson WASHINGTON (Reuters) -A U.S judge early Thursday ordered the Biden administration to quickly respond to a legal challenge to a new eviction moratorium put in place by the Centers f...
Syndicated Content Aug 05, 2021
Return of the fat cats? Bank bonuses rise as profits rebound
By Lawrence White and Iain Withers LONDON (Reuters) - Europe's banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic a...
Syndicated Content Aug 05, 2021
Canadian dollar seen higher as BoC tightening cycle comes into view: Reuters poll
By Fergal Smith TORONTO (Reuters) - Forecasts for the Canadian dollar were raised in the latest Reuters poll as analysts expect the Bank of Canada to begin interest rate hikes before the Federal Reser...
Syndicated Content Aug 05, 2021
Wall Street sticks with back to office plans as Delta variant sparks fears
By Svea Herbst-Bayliss and Noor Zainab Hussain (Reuters) -Wall Street's biggest banks are sticking by their decisions to make employees return to the office in the coming weeks even as public health o...
Syndicated Content Aug 05, 2021
Peoria, IL, USA
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