Abortion foe Jensen wins Republican governor's nod in Minnesota

(Reuters) – Minnesota Republicans nominated former state Senator Scott Jensen for governor on Tuesday, choosing a physician who has said he will seek to ban most abortions to take on a Democratic incumbent in November’s midterm elections.FILE PHOTO: A woman wearing a face shield finishes her ballot during the primary election in Minneapolis, Minnesota, U.S. August 11, 2020. REUTERS/Nicole NeriJensen, […]

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Trump seizes on FBI raid to boost 2024 presidential bid

WASHINGTON (Reuters) – Hours after denouncing the FBI’s raid on his Florida home as political persecution, former President Donald Trump released a campaign-style video that may be the strongest hint yet that he plans to run against President Joe Biden in 2024.Trump supporters rally outside of Trump Tower after the former U.S. President Donald Trump said that FBI agents raided […]

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Fed considers full-percentage point rate hike, CPI, PPI, earnings reports and more: Tuesday's 5 things to know

video FOX Business Flash top headlines for August 8 Check out what’s clicking on FoxBusiness.com. Here are five key things that could impact Tuesday's trading. CRUSHING INFLATION SOLUTION?: The scorching-hot July jobs report raises the risk of a full-percentage point interest rate increase when the Federal Reserve meets in September as policymakers try to crush inflation and cool the labor market, […]

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Earnings Previews: Coinbase, Roblox, Trade Desk, Unity Software

The three major U.S. equity indexes closed mixed on Friday. The Dow Jones industrials added 0.2%, while the S&P 500 slipped by 0.16% and the Nasdaq fell by 0.5%. Six of 11 sectors ended the day lower, led by consumer cyclicals (1.7%) and communications services (1.2%). The energy sector rose by 2%, and the financial sector was up 0.7%. All […]

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Look back at when the euro hit parity with the dollar in 2002

London (CNN Business)The US dollar has been on a tear this year. That’s good news for American tourists gallivanting around Europe, but bad news for pretty much every other country in the world. The greenback is up more than 10% in 2022 compared to other top currencies — near its highest level in two decades — as investors worried about […]

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Scrapping U.S.-China military talks deepens risk at dangerous time, analysts and officials say

HONG KONG (Reuters) – China’s cutting of some of its few communication links with the U.S. military raises the risk of an accidental escalation of tension over Taiwan at a critical moment, according to security analysts, diplomats and U.S. officials.Slideshow ( 2 images )China called off planned formal talks involving theatre-level commands, defence policy co-ordination and military maritime consultations on […]

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Elon Musk's real beef with Twitter revealed

video Elon Musk ‘gambling’ Twitter’s board will settle for a lower price: Gasparino FOX Business senior correspondent Charlie Gasparino says the billionaire entrepreneur still wants to buy the social media platform on ‘The Claman Countdown.’ Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back […]

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Treasuries Move Sharply Lower Following Upbeat Jobs Data

After ending the previous session firmly positive, treasuries showed a substantial move back to the downside during trading on Friday. Bond prices moved sharply lower in early trading and remained firmly negative throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, surged 16.4 basis points to 2.840 percent. The sell-off by treasuries […]

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