BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares declined in Hong Kong, Shanghai, Sydney and Seoul. On …
Read More »Capitol Report: ‘Hate can have no safe harbor in America,’ Biden says as he meets Asian-Americans in Atlanta after shootings
President Joe Biden and Vice President Kamala Harris expressed outrage and sympathy on Friday as they visited Atlanta to meet with Asian-American leaders in the wake of shootings that left eight people dead, including six women of Asian descent. “Hate can have no safe harbor in America,” Biden said in …
Read More »Metals Stocks: Gold edges higher after snapping 3-week skid
Gold futures edged higher Monday, looking to build on last week’s rise as investors continue to monitor bond yields and the U.S. dollar. “Hammered by [U.S. dollar] strength and the backup in rates, gold’s multi-month downtrend is forming a base that recently embraced the support at $ 1,680, paving the way …
Read More »: Stripe’s valuation soars to $95 billion after $600 million funding round
Digital-payments company Stripe said Sunday it had closed a $ 600 million funding round that values the company at $ 95 billion — more than double its valuation a year ago. Stripe said it would use the money to beef up its European operations — especially its co-headquarters in Dublin …
Read More »: Eurozone banks are showing life after 15 rough years. Will the ECB snuff out the rally?
It has been a pretty rough 15 years for the eurozone’s leading banks. The bad times have been ghastly — the 2008 financial crisis, the Greek debt crisis, and now, the COVID-19 pandemic. But even the good times haven’t been so great, with lenders in the 27-nation grouping facing a …
Read More »The Moneyist: My husband and his brother inherited their family home. Our son lived there for 4 years. We paid $60K on taxes and repairs after a fire. Do we still split it 50/50?
Dear Quentin, My husband and his brother inherited their family home. When they were able to take possession our son and his family needed a place to live. The brother was quite willing to let them move in and, in lieu of paying him rent for his 50%, my husband …
Read More »Personal Finance Daily: Americans scroll Amazon and Walmart for bargains — yet choose pricey healthcare services and throw away hundreds of dollars, and Texas AG sues energy provider over ‘sky-high’ rates after massive winter storm
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Americans scroll Amazon and Walmart for bargains — yet choose pricey healthcare services and throw away hundreds of dollars New hospital-price transparency rules took effect earlier this year, but patient advocates say those rules only do so much. ‘We need …
Read More »The Fed: Fed’s George says inflation could ‘firm up quickly’ after vaccinations
Inflation could quickly rise once more Americans are vaccinated and the U.S. central bank should monitor price signals closely, Kansas City Fed President Esther George said Thursday. “It is worth recognizing that overall inflation could firm up quickly post-vaccination as demand for hard-hit sectors recovers,” George said, in a speech …
Read More »: Facebook befriends Australia again, after striking a deal with Canberra government on new law
The social-media company Facebook said on Tuesday that it would restore Australian news on its platform, after striking a deal with the Canberra government on a new law that will force big technology companies to pay for news. Facebook last week had blocked Australian users from sharing and using news …
Read More »