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Wall Street slips as IBM, Intel falter after results

22.01.2021, 15:23

Wall Street's main indexes slipped on Friday after hitting record levels in the prior session, as shares of blue-chip technology stalwarts Intel and IBM (NYSE:IBM) tumbled following their quarterly results.

FX traders brush off ECB talk, bet euro-dollar has further to run

22.01.2021, 15:02

LONDON - How strong is the euro really? Despite European policymakers' alarm over its run to 2-1/2-year highs against the dollar, several factors governing exchange rates imply the single currency's bout of strength is far from over.

Majority of U.S. Senate approves Biden nominee Austin to lead Pentagon

22.01.2021, 14:51

WASHINGTON - The U.S. Senate on Friday confirmed President Joe Biden's nominee, retired Army General Lloyd Austin, to serve as Secretary of Defense - the first Black American in the role.

Yellen wins unanimous Senate panel vote for Treasury despite Republican tax, debt concerns

22.01.2021, 14:42

WASHINGTON - The Senate Finance Committee unanimously approved Janet Yellen's nomination as the first Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies.

Walmart's Ecommerce Investments to Keep Paying Dividends

22.01.2021, 14:25

Walmart (NYSE:WMT)'s ecommerce efforts as a result of the coronavirus will continue paying dividends, Jefferies (NYSE:JEF) said.