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By Kevin Buckland TOKYO (Reuters) -The dollar on Friday slumped against the yen while gold hit an all-time peak as...

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Strong case for 50 bp Fed cut, says former NY Fed chief Dudley

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SINGAPORE (Reuters) – Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50...

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Bank of England to pause rate cuts, focus shifts to bond sales

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By Andy Bruce (Reuters) – An interest rate cut from the Bank of England next week looks unlikely but investors...

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Fed faces dilemma over 25 or 50 bps cut in Sept, WSJ’s Timiraos says

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Investing.com– The Federal Reserve faces a dilemma over cutting interest rates when it meets next week, the Wall Street Journal’s...

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Alaska Airlines plane aborts takeoff to avoid collision with Southwest jet

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By David Shepardson (Reuters) -An Alaska Airlines airplane aborted takeoff at Tennessee’s Nashville International Airport on Thursday to avoid a...

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US regulator orders Wells Fargo to overhaul its efforts to combat illicit funds

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By Niket Nishant, Nupur Anand and Chris Prentice (Reuters) -Wells Fargo shares slid on Thursday after a U.S. banking regulator...

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Adobe forecasts downbeat quarterly earnings on cautious tech spending

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(Reuters) – Photoshop maker Adobe (NASDAQ:ADBE) forecast fourth-quarter earnings below analysts’ estimates on Thursday, signaling stiff competition and soft demand...

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IMF says director Valdes has delegated all Argentina negotiations

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By Rodrigo Campos (Reuters) – The International Monetary Fund’s director of the Western Hemisphere Rodrigo Valdes has fully delegated all...

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Morning Bid: Weekly rebound in reach, China data deluge looms

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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian stocks are poised to end...

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Trump says he will end all taxes on overtime

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