Wall Street breathed a sigh of relief on Wednesday, as the latest U.S. election tallies pointed to a divided government that made the prospect of tax hikes advocated by Democratic presidential candidate Joe Biden unlikely.
WASHINGTON: US private payrolls increased less than expected in October and activity in the services industry cooled, providing early signs of a slowdown in economic growth as fiscal stimulus diminishes and new COVID-19 infections surge across the country. The recovery from the coronavirus ...
Wide divergences between Britain and the European Union remain after the latest talks to find a trade deal, Britain's chief negotiator David Frost said on Twitter on Wednesday.
The United States' big technology names led gainers on Wall Street on Wednesday, as investors sought the security of this year's big stay-at-home corporate success stories in the face of a presidential election set to go down to the wire.
NEW YORK: With the US presidential election turning into a nail-biter, bankers, traders and financial analysts told Reuters on Wednesday (Nov 4) that Wall Street was worried the ultimate winner could have tough sledding working with a divided Congress to fight the coronavirus pandemic and pass a ...
Financial markets have been thrown a curve ball by a closer-than-expected U.S. presidential election result, raising the prospect of a disputed outcome and diminished fiscal stimulus to contain the COVID-19 shock.
With the U.S. presidential election turning into a nail-biter, bankers, traders and financial analysts told Reuters on Wednesday that Wall Street was worried the ultimate winner could have tough sledding working with a divided Congress to fight the coronavirus pandemic and pass a quick economic ...
The close and inconclusive US election has scuppered some short-term trades premised on a clear Joe Biden sweep, but money managers say they are sticking to bets on plentiful stimulus, a Chinese rebound and a green boom, regardless of who triumphs.
Twitter Inc on Wednesday flagged a post by President Donald Trump which said "surprise ballot dumps" were being found in hotly contested states during the presidential election as disputed and possibly misleading.
White House economic adviser Larry Kudlow on Wednesday said the Trump administration planned to push ahead with its agenda this year even as the election results remained unknown, including a continuing resolution to fund the government and a possible COVID-19 stimulus bill.
