Shares rose in Asia on Thursday after Wall Street rallied on expectations of more stimulus for the economy, despite chaotic scenes in Washington as Trump supporters stormed the U.S. Capitol. As Congress reconvened after disruptions to the process for recognizing the outcome of the U.S. presidential election,...
LOUISVILLE, Ky. (AP) — On June 19, droves of African Americans in Louisville celebrated Juneteenth, many for the first time, as a response to the changing social climate of the United States and the growing Black Lives Matter movement. The June holiday celebrates the day former slaves in Texas learned they...
Shares were mostly higher in Asia on Thursday, buoyed by hopes the U.S. Congress may finally deliver fresh aid to help American businesses and families weather the pandemic. Benchmarks rose in Tokyo, Hong Kong and Shanghai but fell in South Korea. Overnight, the S&P 500 edged close to a record after the...
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress, a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely. The Fed also reiterated after its latest policy...
Wall Street closed out a solid week for stocks Friday with more record highs as traders took a discouraging jobs report as a sign that Congress will finally move to deliver more aid for the pandemic-stricken economy. The S&P 500 rose 0.9%, notching its third all-time high this week. The Dow Jones Industrial...
Nasdaq is pushing for the more than 3,000 companies listed on its U.S. stock exchange to make their boardrooms less overwhelmingly male and white by hiring directors that better reflect the country's diverse population. The company filed a proposal Tuesday with the Securities and Exchange Commission that, if...
TOKYO (AP) — Asian shares were mixed Thursday, after Wall Street took a pause from the optimism underlined in a record-setting climb earlier in the week. A reality check appeared to be setting in amid the ongoing coronavirus pandemic, and a batch of discouraging data on the U.S. economy, including jobless...