Wall Street ends higher as rate hike worries ease
NEW YORK (Reuters) – U.S. stocks rose on Monday as expectations the Federal Reserve could hold off longer on raising U.S. interest rates offset concerns over Friday’s surprisingly weak monthly jobs report.
Fed watching recent U.S. weakness; rate-hike timing unclear: Dudley
NEWARK, N.J. (Reuters) – The timing of the Federal Reserve’s interest rate hike, which would be its first in nearly a decade, is unclear and for now policymakers must watch that the U.S. economy’s surprising recent weakness does not signal a more subst…
Greece moves to quell default fears, pledges to meet ‘all obligations’
WASHINGTON (Reuters) – Greek Finance Minister Yanis Varoufakis said on Sunday that Greece “intends to meet all obligations to all its creditors, ad infinitum,” seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this we…
Machinists withdraw bid to unionize Delta flight attendants
NEW YORK (Reuters) – The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines.
Oil jumps 5 percent on tempered Iran view, slower U.S. inventory rise
NEW YORK (Reuters) – Oil prices jumped more than 5 percent on Monday as traders reassessed how quickly Iran might increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. crude inventories may be slowing.
US financier Rogers says now may be time to invest in Russia
MOSCOW (Reuters) – Now may be the time to invest in Russian shares because oil prices have hit bottom and the Russian stock market is rising, veteran U.S. financier Jim Rogers said on Monday.
State Street may roll out more ETFs linked to star managers
BOSTON (Reuters) – Ron O’Hanley, the new leader of State Street’s $2.45 trillion asset management division, says he will look closely at expanding the bank’s stable of bond-related products as exchange-traded funds run by rivals Vanguard and BlackRock …
Cuba says U.S. companies won’t get preferential treatment
HAVANA (Reuters) – U.S. companies can expect the same treatment as those from the rest of the world, receiving neither special benefits nor punishment, if there is a further commercial opening between Cuba and the United States, Cuba’s foreign trade mi…
Venture-backed U.S. IPOs hit lowest levels in two years
(Reuters) – U.S. initial public offerings by venture-backed companies fell to a two-year low in the first quarter of 2015, according to data from the National Venture Capital Association and Thomson Reuters.
U.S. March services sector activity rises to highest since August: Markit
NEW YORK (Reuters) – The U.S. services sector expanded in March at its fastest pace since August, an industry report showed on Monday.
