September 28, 2021
Home Archive by category Economy

U.S. dollar rises, lifted by higher Treasury yields

Dollar rises to nearly 3-month high vs yenEuro falls after German electionsFocus on Fed speakers this weekNEW YORK/LONDON, Sept 27 (Reuters) - The U.S. dollar gained for a second straight session on Monday, bolstered by the rise in Treasury yields ahead of a slew of Federal Reserve speakers this week who could reinforce expectations of the start of...

Stock Futures Rise; Oil Prices Near Three-Year High

U.S. stock futures rose, and oil hit its highest level in nearly three years, as fears about China Evergrande Group ‘s debt problems waned and investors bet on further economic reopening from the pandemic. Futures tied to the S&P 500 rose 0.3%, suggesting the broad-market index is set to extend its three-day rise. Dow Jones ...

U.S. Debt-Limit Brinksmanship Has Become a Political Game

WASHINGTON — For nearly two decades, lawmakers in Washington have waged an escalating display of brinkmanship over the federal government’s ability to borrow money to pay its bills. They have forced administrations of both parties to take evasive actions, pushing the nation dangerously close to economic calamity. But they have never actually tipped...