Tech-heavy Nasdaq rises on growth optimism, shrugs off hawkish Fed

06/17/2021

(Reuters) – U.S. technology shares rose on Thursday on optimism around a speedy economic recovery, although the Federal Reserve’s unexpectedly hawkish message on monetary policy kept the S&P 500 and the Dow indexes subdued.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan […]

‘The Birthday Cake’ Review: Baked Hoods

06/17/2021

This mob drama folds family secrets and fading power into a story of operatic vengeance. By Jeannette Catsoulis “With tragedy comes strength,” a priest (Ewan McGregor) tells Gio (Shiloh Fernandez) early in “The Birthday Cake,” so we can anticipate trouble. But it’s not the fairly […]

Brian Fallow: Minimum wage — middling impact

06/17/2021

OPINION: Minimum wage increases are less effective than their supporters believe — and less damaging than their critics claim. At least that is the takeaway message from a careful study of minimum wage policies and their effects over the past 20 years or so by […]

Investors trim long positions on Asian currencies, yuan bets halved

06/17/2021

BENGALURU (Reuters) – Long bets on most of Asia’s emerging currencies were trimmed, a Reuters poll showed on Thursday, as investors weigh the prospect of tighter monetary settings as the U.S. recovery outperforms, while the COVID-19 situation locally is brought under control.South Korean won, Chinese […]

Orcon first onboard as Chorus doubles UFB speed with Hyperfibre

06/17/2021

New Zealand already had some of the fastest residential broadband in the world with Chorus’s 4 gigabit per second Hyperfibre plan. Now Chorus has doubled that with its new 8Gbps Hyperfibre service – with Orcon the first retail internet service provider to offer it. It’s […]

Asia circles the wagons ahead of Fed, oil eyes 2019 high

06/16/2021

SYDNEY (Reuters) – Asian shares retreated slightly on Wednesday with investors wary of any hint of hawkishness from the U.S. Federal Reserve given lofty asset valuations rely so heavily on an endless supply of super-cheap money.FILE PHOTO: Passersby wearing protective masks walk past an electronic […]

Bloomingdale’s Resets Responsibilities of Top Merchants

06/15/2021

Bloomingdale’s has broadened the responsibilities of Denise Magid and Dan Leppo, both executive vice presidents and general merchandise managers, in the wake of the departure of Stacie Borteck, senior vice president and general merchandise manager. Additionally, Jennifer Jones, vice president and divisional merchandise manager of […]