Author: IA PressRoom

© Reuters. Investing.com – U.S. stock futures were trading in a mixed fashion during Sunday’s evening trade after major benchmark averages closed out the holiday-shortened week higher as stronger than expected data boosted investor sentiment, while President Joe Biden signed the debt ceiling bill into law over the weekend in order to avoid an impending U.S. default. By 7:40pm ET (11:40pm GMT) were up 0.1%, eased 0.1% and dipped 0.3%. In the week ahead, key economic events to be watched by investors include and Services PMIs, ,, and the . During Friday’s trade, the added 701.2 points or 2.1% to…

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford By Florence Tan SINGAPORE (Reuters) – Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world’s top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. U.S. West Texas Intermediate crude climbed $2.27 a barrel, up 3.2%, or $74.01 a barrel,…

© Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration//File Photo By Winni Zhou, Brenda Goh and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) -China’s yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors fret over a bumpy pandemic recovery in the world’s second-largest economy. Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and bonds have combined to drag the currency down to levels last seen in November. The yuan has…

Video footage showing a South Carolina-based children’s choir being stopped by a Capitol Police officer from singing the national anthem in the U.S. Capitol has gone viral with millions of views.Capitol Police said singers with the Rushingbrook Children’s Choir from Greenville were stopped because of a “miscommunication,” which occurred May 26.Capitol Police initially issued a statement that said they were under the impression the group didn’t have permission to perform in the building but clarified later that they “were not aware that the Speaker’s Office had approved this performance.”Choir director David Rasbach and another choir leader said the visit was…

HealthEquity Q1 2024 Earnings Preview

If you get stuck in quicksand, remember it’s impossible to drown in the stuff. Instead, calmly try freeing yourself by gently kicking your legs back and forth. This should loosen the dense sand around you, allowing you to pull yourself free slowly. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app This article is primarily transcribed from a 2017 Insider video on “How to escape quicksand — it’s easier than you might think.” Some of the information has been updated.If you find yourself stuck in…

© Reuters. FILE PHOTO: Attorney Robert F. Kennedy Jr. speaks to a crowd of supporters outside New York State Supreme Court after a hearing challenging the constitutionality of the NY State Legislature’s repeal of the religious exemption to vaccination in Albany, New (Reuters) – Meta Platform’s Instagram on Sunday lifted its suspension against the account of Robert F. Kennedy Jr., nephew of the late president John F. Kennedy, The Washington Post reported. Kennedy, who is making a long shot bid to challenge Biden for the Democratic nomination, was removed from the photo-sharing platform in 2021 for reportedly sharing debunked claims…

The New York Times is facing ridicule on Twitter after an article Sunday painted President Biden’s old age in a positive light, describing the 80-year-old president as “sharp,” “fit” and having “striking stamina.”The Times article by White House reporters Peter Baker, Michael Shear, Katie Rogers and Zolan Kanno-Youngs, titled, “Inside the Complicated Reality of Being America’s Oldest President,” claimed Biden’s aides have been purposely limiting his exposure to the media to avoid any potential gaffes.”The two Joe Bidens coexist in the same octogenarian president: Sharp and wise at critical moments, the product of decades of seasoning, able to rise to the occasion even in the…

If there were no tax cheats in America, there would be no Social Security crisis. Benefits could be paid, and payroll taxes kept the same, for the next 75 years.That’s not me talking. That’s math. It comes from the number crunchers at the Social Security Administration and the Internal Revenue Service. And it explains why those of us who support Social Security should be pounding the table in outrage over one clause of the Biden-McCarthy debt-ceiling deal: the part where the president has to retreat from his crackdown on tax cheats just so McCarthy and the House Republicans would agree…

NEW YORK, NY – OCTOBER 19: A trader (c) on the New York Stock Exchange looks at stock rates 19 … [+] October 1987 as stocks were devastated during one of the most frantic days in the exchange’s history. (Photo credit should read MARIA R. BASTONE/AFP via Getty Images)AFP via Getty Images Many veteran market observers, myself included, were surprised that the deal on the debt ceiling was signed without more of a fight. In the past, those on the fringe have often made negotiations more contentious which often made things worse. That was what the stock market needed as…