BRUSSELS (Reuters) -NATO leaders warned on Monday that China presents “systemic challenges,” taking a forceful stance towards Beijing in a communique at Joe Biden’s first summit with an alliance that Donald Trump openly disparaged. The new U.S. president has urged his fellow NATO leaders to stand up to China’s authoritarianism and growing military might, a change of focus for an […]

After ending last Friday’s nearly unchanged, treasuries showed a notable move to the downside during trading on Monday. Bond prices moved steadily lower over much of the session before closing firmly negative. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.9 basis points to 1.501 percent. The ten-year yield added […]

With crude oil prices up by about 47% since the beginning of 2021 and gasoline prices now averaging $3.08 a gallon for regular, virtually every stock in the oil and gas industry is trading near recently posted 52-week highs. As Americans awake from their more-than-year-long nap, travel is among the first things on their mind. More than 2 million Americans […]

Check out the companies making headlines in midday trading. Lordstown Motors — The electric truck maker's stock fell more than 15% midday after announcing CEO Steve Burns and CFO Julio Rodriguez resigned. The moves came just days after Lordstown said it had substantial doubt about its ability to continue as a going concern due to challenges funding the production of its vehicles. […]

(Reuters) -European shares ended at a record high on Monday as energy stocks surged on strength in the oil market, while expectations of accommodative monetary policy grew even as a global economic recovery picked up speed.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 11, 2021. REUTERS/StaffThe pan-European STOXX 600 […]

(Adds “U.S.” in headline)FILE PHOTO: A statue of former Sen. Albert Gallatin stands at the Treasury Department in Washington, U.S., April 25, 2021. REUTERS/Al DragoNEW YORK (Reuters) – The U.S. debt ceiling comes into effect at the end of July, putting pressure on the Treasury to reduce its cash balance ahead of the deadline. That means more injections of cash […]