By Divya Chowdhury and Lisa Pauline Mattackal (Reuters) – U.S. stocks are headed higher, although a 10% correction is “long overdue”, Anthony Scaramucci, founder and co-managing partner of Skybridge Capital, said on Wednesday. Scaramucci, who served as U.S. President Donald Trump’s communications director for less than two weeks in 2017, also told the Reuters Global […]
SINGAPORE (Reuters) – The dollar steadied on Monday after its steepest weekly loss in more than a month, as traders weigh the effect of inflation on the relative pace of looming rate hikes – with a wary eye on U.S. growth data and a European Central Bank meeting.FILE PHOTO: An employee of the Korea Exchange […]
By Nick Carey DETROIT (Reuters) – Detroit’s automakers and the United Auto Workers (UAW) union are in talks about safely restarting U.S. production halted by the coronavirus pandemic, but local union leaders said on Monday any workers who feel sick must be allowed to self quarantine without losing pay. So far, neither the union nor […]
