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Stock market today: Dow starts week on solid footing ahead of key inflation data
Finances

Dow rises as banks, tech shine, but telecoms stifle gains By Investing.com

© Reuters. Investing.com — The Dow closed higher Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street

Stocks Rise to Kick Off Week of Earnings Reports
Finances

Stocks Rise to Kick Off Week of Earnings Reports

Major indexes ride momentum from last week’s encouraging reports on inflation and bank earnings. Telecom shares, however, fell to multiyear lows. Source link

No let up for world stocks as banking worries persist By Reuters
Finances

Insurers reviewing Black Sea ship cover after Russia quits deal -sources By Reuters

© Reuters. FILE PHOTO: The interior of the Lloyd’s of London building is seen in the City of London financial district in London, Britain, April

Tesla Outlines Plan to Create Largest Auto Factory in Germany
Business

Tesla Outlines Plan to Create Largest Auto Factory in Germany

Electric-vehicle maker aims to double capacity of Berlin-area plant to one million cars a year. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

NY Fed report finds Americans increasingly facing borrowing headwinds By Reuters

© Reuters. FILE PHOTO: Credit cards are pictured in a wallet in Washington, February 21, 2010. REUTERS/Stelios Varias/File Photo By Michael S. Derby (Reuters) –

FDA Approves First RSV Drug to Protect All Infants
Business

FDA Approves First RSV Drug to Protect All Infants

While the virus often leads to mild, coldlike symptoms, it is the leading cause of hospitalization of infants in the U.S. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Brazil’s economic activity surprises negatively with 2% decline in May By Reuters

© Reuters. FILE PHOTO: Brazil’s Economy Minister Fernando Haddad greets President Luiz Inacio Lula da Silva during a meeting to sign the government’s economic package at the Planalto Palace

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
Business

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says

The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link

Cathie Wood's ARK Writes Down Twitter Stake by 47%
Finances

Cathie Wood's ARK Writes Down Twitter Stake by 47%

Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link

U.S. Companies Score Partial Reprieve From Global Tax Deal
Business

U.S. Companies Score Partial Reprieve From Global Tax Deal

Changes to the deal negotiated by officials including Treasury Secretary Janet Yellen will delay or reduce taxes set to be paid to foreign countries.  Source