TOKYO (Reuters) – The dollar held near a four-month peak against major peers on Thursday after retreating overnight as a cooling in consumer inflation tempered bets for an earlier tightening of U.S. monetary policy.FILE PHOTO: An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany/File PhotoThe dollar index, which […]

FRANKFURT (Reuters) -Tesla CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group’s 5.8 billion euro ($6.9 billion) European gigafactory is being built, its Economy Minister Joerg Steinbach said on Twitter here.FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in […]

WASHINGTON (Reuters) – The Democratic-controlled U.S. Senate will make another attempt to pass a bill promoting voting rights next month, Majority Leader Chuck Schumer said on Wednesday, even as he acknowledged it is likely that “Republicans won’t join us.”FILE PHOTO: Senate Majority leader Chuck Schumer (D-NY) speaks outside the U.S. Capitol in Washington, U.S., August 4, 2021. REUTERS/Evelyn HocksteinSchumer said […]

LONDON/SINGAPORE/HONG KONG (Reuters) -Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about $600 million in digital coins they stole, blockchain researchers said on Wednesday. Poly Network, a decentralised finance platform that facilitates peer-to-peer transactions, announced the hack on Twitter here, posting details of digital wallets to which the tokens were sent. The […]

Slideshow ( 2 images )WASHINGTON (Reuters) -The U.S. Federal Reserve should announce its timeline for beginning to reduce its massive bondholding next month and start tapering them in October, Dallas Federal Reserve President Robert Kaplan said on Wednesday. “It would be my view that if the economy unfolds the way I expect. … I would be in favor or announcing […]

With the trading day almost halfway over, the S&P 500 and Dow Jones industrial average hit even more record highs in Wednesday’s session. While these indexes were pushing higher, the Nasdaq was hurting yet again, despite a positive start to the day. Earlier in the morning, the July CPI reportedly rose in line with analysts’ expectations, ultimately helping ease concerns […]

HONG KONG/SINGAPORE/LONDON (Reuters) -A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector’s biggest ever hacking attacks, according to details of the heist which emerged on Wednesday.FILE PHOTO: A person wearing a balaclava is silhouetted as he poses with a laptop in front of a screen projected with the word ‘cyber’ and binary […]