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CBS stations go dark for DirecTV customers amid contract dispute with AT&T

22 hours ago DieselGasoil Comments Off on CBS stations go dark for DirecTV customers amid contract dispute with AT&T
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – CBS Corp (CBS.N) and AT&T Inc (T.N) failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming. CBS television stations in over a dozen U.S. cities, including New York and Los Read More

Take it easy: central bank U-turns loosen financial conditions

3 days ago DieselGasoil Comments Off on Take it easy: central bank U-turns loosen financial conditions
(Reuters) – Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year, a closely watched index suggests. U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Read More

As Fed nears rate cut, policymakers debate how deep, and even if

4 days ago DieselGasoil Comments Off on As Fed nears rate cut, policymakers debate how deep, and even if
CHICAGO (Reuters) – With the first U.S. interest rate reduction in a decade expected later this month, two Federal Reserve policymakers sketched out arguments on Tuesday on how deep the cut should be, even as a third said she needs more data before being ready to sign on at all. FILE PHOTO: Federal Reserve Bank Read More

Wall Street slips as bank earnings, Trump trade comments weigh

4 days ago DieselGasoil Comments Off on Wall Street slips as bank earnings, Trump trade comments weigh
NEW YORK (Reuters) – U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald Trump on trade also dragged down Wall Street’s major indexes. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

S&P 500 edges lower after mixed bank earnings, Trump comments

4 days ago DieselGasoil Comments Off on S&P 500 edges lower after mixed bank earnings, Trump comments
NEW YORK (Reuters) – The S&P 500 edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also weighed on the benchmark index. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Strong U.S. retail sales boost economic outlook

5 days ago DieselGasoil Comments Off on Strong U.S. retail sales boost economic outlook
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. FILE PHOTO: A sign is shown in the window of a retail store in San Francisco, California May 13, 2013. REUTERS/Robert Galbraith Read More

U.S. retail sales increase solidly in boost to economy

5 days ago DieselGasoil Comments Off on U.S. retail sales increase solidly in boost to economy
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. FILE PHOTO: A sign is shown in the window of a retail store in San Francisco, California May 13, 2013. REUTERS/Robert Galbraith Read More

Facebook vows Libra currency will wait for approval as U.S. airs worries

5 days ago DieselGasoil Comments Off on Facebook vows Libra currency will wait for approval as U.S. airs worries
WASHINGTON (Reuters) – Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity. David Marcus, who oversees Facebook’s blockchain efforts, planned Read More

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high

5 days ago DieselGasoil Comments Off on S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
NEW YORK (Reuters) – The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc (C.N) kicked off the earnings season with a mixed quarterly report. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

S&P trades near flat as Citigroup results weigh on bank stocks

5 days ago DieselGasoil Comments Off on S&P trades near flat as Citigroup results weigh on bank stocks
NEW YORK (Reuters) – The benchmark S&P 500 index struggled for direction in choppy trade on Monday as earnings season began in earnest with a mixed quarterly report from Citigroup Inc (C.N). Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid The bank Read More