(Reuters) – Jeffrey Gundlach, the chief executive of DoubleLine Capital and Wall Street’s Bond King, called the increasingly popular Modern Monetary Theory backed by progressives a “crackpot” idea.
LONDON (Reuters) – Elite athletes should adhere to government guidelines on social distancing unless an exception has been made when they restart training, Britain said in guidance for how sports can resume after the coronavirus lockdown.
NEW YORK (Reuters) – World equity markets advanced broadly on Wednesday after U.S. data again showed risk-friendly low inflation, which weakened the dollar, while Boeing shares gained even as the United States said it would ground the company’s 737 MAX aircraft.
MOSCOW (Reuters) – Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters.
NEW YORK (Reuters) – A gauge of global equity markets traded little changed on Thursday as European shares rose ahead of new voting that backed a Brexit delay and bolstered the dollar, while Wall Street meandered on uncertainty over U.S.-China trade talks.
WASHINGTON (Reuters) – A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said on Thursday.
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
NEW YORK (Reuters) – A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.
WASHINGTON (Reuters) – President Donald Trump’s trade battles cost the U.S. economy $7.8 billion in…
The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the…
ROSS-ON-WYE, England (Reuters) – For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England.
LONDON (Reuters) – Global shares hit their highest levels in five months and the dollar dipped on Monday, as traders began to price in the likelihood of the U.S. Federal Reserve sticking to an accommodative stance at its policy meeting this week.