Business

A street sign is seen outside New York Stock Exchange in New York City, New York, Jan. 3, 2019. NEW YORK (Reuters) — Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin engines …

People stand as the wreckage of an aircraft lying on the ground after it went off the runway and crashed at Muan International Airport is pictured, in Muan, South Korea, Dec. 30, 2024. SEOUL (Reuters) — Shares of South Korean budget carrier Jeju Air hit their lowest on record on Monday, after the d…

The TikTok logo is pictured outside the company’s U.S. head office in Culver City, California, Sept. 15, 2020. WASHINGTON (Reuters) — President-elect Donald Trump has urged the U.S. Supreme Court to pause implementation of a law that would ban popular social media app TikTok or force its sale…

A man uses a mobile phone as he takes a photo of the electronic board displaying share prices during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan on Nov. 28, 2023. SINGAPORE (Reuters) — Asia shares eased in holiday-thinned trade on Thursday, paring some of their gains from…

A U.S. dollar banknote is seen in this illustration taken on July 17, 2022. NEW YORK (Reuters) — The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S. Federal Reserve compared with other global central banks continued to command m…

The U.S. head office of TikTok is shown in Culver City, California, Sept. 15, 2020. (Reuters) — President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social…

A Wall Street sign is pictured outside the New York Stock Exchange, New York City, April 16, 2021.  NEW YORK (Reuters) — With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of pote…

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. SINGAPORE (Reuters) — The dollar flirted with a two-year peak on Thursday after the Federal Reserve signaled a slower pace of rate cuts in 2025, while the yen slid a…

The Federal Reserve building is seen in Washington, D.C., Jan. 26, 2022. WASHINGTON (Reuters) — The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling a “hawkish cut” set to be delivered alongside policymakers’ updated interest rat…