On Raul Castro's birthday, U.S. threatens Cuba remittances

06/04/2020

WASHINGTON/HAVANA (Reuters) – The Trump administration expanded on Wednesday its list of Cuban entities that Americans are banned from doing business with to include the financial corporation that handles U.S. remittances to the Communist-run country. Military-owned Fincimex is the main Cuban partner of foreign credit […]

Wall Street rises on Boeing, economic recovery hopes

06/03/2020

(Reuters) – A jump in Boeing shares led Wall Street higher on Wednesday, with investors hopeful of a rebound from a coronavirus-led economic slump amid continuing social unrest in the country. Boeing Co (BA.N) jumped 8.5% and was the top boost to the blue-chip Dow […]

Stock futures buoyed by optimism over economic revival

06/03/2020

(Reuters) – U.S. stock index futures climbed on Wednesday, with Nasdaq futures inching closer to a record high as investors remained optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest. Ride-hailing firm Lyft Inc (LYFT.O) rose 4.7% in premarket trading after […]

Stock futures steady amid U.S. protests, simmering China tensions

06/01/2020

(Reuters) – Futures tracking the S&P 500 index were trading flat on Monday following a strong showing in May, as investors turned cautious after protests erupted across the country over race, and simmering tensions between Washington and Beijing heated up. National Guard troops were deployed […]

Wall Street retreats ahead of Trump's response on Hong Kong

05/29/2020

(Reuters) – Wall Street’s main indexes retreated on Friday as investors were cautious ahead of a U.S. response to China’s national security law on Hong Kong that threatens to take some shine off another month of strong gains for the stock market. President Donald Trump, […]