US STOCKS-S&P 500 edges up as investors eye key earnings, Fed meeting

* Apple, Alphabet, Amazon, Microsoft results due this week * Tesla results awaited (Updates to close) NEW YORK, July 26 (Reuters) – The S&P 500 edged higher and eked out another record closing high on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept […]

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Biden, Kadhimi seal agreement to end U.S. combat mission in Iraq

(Corrects Biden quote in paragraph four to say “combat mission”, not “combat zone”)FILE PHOTO: U.S. President Joe Biden puts a note with the number of U.S. soldiers killed in Iraq and Afghanistan is his pocket as he delivers the Memorial Day speech during the National Memorial Day observance at Arlington National Cemetery in Arlington, Virginia, U.S. May 31, 2021. REUTERS/Joshua […]

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DOJ reportedly investigates crypto company Tether for possible bank fraud

The Justice Department is investigating possible bank fraud by executives of Tether Ltd., according to Bloomberg News. The probe has implications for the cryptomarket. Tether's stablecoin is the third largest digital asset by market cap, at $62.3 billion, according to CoinGecko. The Justice Department is investigating possible bank fraud by executives of Tether Ltd. stemming from actions during the early […]

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Gap, Palo Alto Networks, Schlumberger, Spotify and More Monday Afternoon Analyst Upgrades and Downgrades

With the trading day about halfway over, the major averages were still trying to make up their mind, with all practically flat. Although the opening was somewhat negative as Chinese markets took a hit overnight, U.S. markets quickly bounced back. Keep in mind, major earnings are scheduled for this week including Apple, Alphabet, Microsoft and Amazon. 24/7 Wall St. is […]

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Juul stops sales of popular mint flavor

New York (CNN Business)E-cigarettes were supposed to help Altria diversify beyond tobacco but its investment in Juul has turned into a recurring nightmare. Altria (MO), which sells the Marlboro, Virginia Slims and Parliament brands of cigarettes in the United States, announced Thursday that it was taking a $4.1 billion charge related to its Juul investment. It cited “the increased number […]

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BoE should not scale back stimulus for several quarters – Vlieghe

LONDON (Reuters) -Bank of England interest-rate setter Gertjan Vlieghe said the central bank should not scale back its stimulus possibly until well into 2022 because a recent rise in inflation is likely to be temporary and COVID-19 remains a threat for the economy.FILE PHOTO: Bank of England Monetary Policy Committee Member, Gertjan Vlieghe looks on during a Reuters Newsmaker event […]

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Michigan suspected tornado rips roof off business, causes other damage

Fox News Flash top headlines for July 24 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. A suspected tornado that hit Michigan left a torrent of damage in its wake Saturday evening, reportedly knocking down trees and power lines, damaging homes and ripping the roof off of at least one business.  Armada, Michigan, resident Sondra […]

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Indonesia prepares more ICU units, waits to see if COVID curbs will be extended

A man wearing a protective mask pushes a trolley at a traditional market amid the coronavirus disease (COVID-19) outbreak, in Jakarta, Indonesia, July 24, 2021. REUTERS/Willy KurniawanJAKARTA (Reuters) – Indonesia is preparing more intensive care units after logging several days of record-high COVID-19 deaths last week, while the country waits to see whether the government will extend or loosen tough […]

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