Fed’s ‘Great Unwinding’ lifts dollar, yields and bank stocks

By Marc Jones LONDON (Reuters) – Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and commodities lower. Traders reacted predictably to what had been a […]




Continue reading

Fed’s ‘Great Unwinding’ lifts dollar, yields and bank stocks

By Marc Jones LONDON (Reuters) – Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and commodities lower. Traders reacted predictably to what had been a […]




Continue reading

Global shares tap brakes, dollar reverses as Fed nears

By Marc Jones LONDON (Reuters) – Record-high world stocks braked and the dollar dipped on Tuesday ahead of a two-day meeting of the Federal Reserve after which it is expected to detail plans to shrink its balance sheet and gradually keep lifting U.S. interest rates. Tokyo’s Nikkei had surged 2 percent overnight having been closed […]




Continue reading

BA flight in Paris gets extra security checks after threat

PARIS (AP) — Police and firefighters checked a British Airways plane on the tarmac of Paris’ Charles de Gaulle airport Sunday morning after reports of a security threat but authorities determined it was a false alarm. One passenger on the plane said it was surrounded by dozens of armed officers and firefighters. James Anderson, a […]




Continue reading

BA flight in Paris gets extra security checks after threat

PARIS (AP) — Police and firefighters checked a British Airways plane on the tarmac of Paris’ Charles de Gaulle airport Sunday morning after reports of a security threat but authorities determined it was a false alarm. One passenger on the plane said it was surrounded by dozens of armed officers and firefighters. James Anderson, a […]




Continue reading

Steve Bannon: Chris Christie didn’t get a Cabinet position because he didn’t show up for ‘Billy Bush weekend’

(Donald Trump and Chris Christie.Drew Angerer/Getty Images) Steve Bannon, President Donald Trump’s former chief strategist, said Gov. Chris Christie of New Jersey missed out on a Cabinet nomination because of his failure to support the president after the October 7 release of the “Access Hollywood” tape, in which Trump was recorded boasting about grabbing women […]




Continue reading

Global Markets: Euro grinds higher before ECB, stocks stutter

By Marc Jones LONDON (Reuters) – The euro climbed and stocks inched higher on Thursday, as markets waited to hear just how close the European Central Bank is to scaling back its more than 2 trillion euro ($2.75 trillion) stimulus programme. The was relief of sorts too after Donald Trump and U.S. Congress leaders struck […]




Continue reading

The Latest: US, South Korea speak after North’s nuclear test

SEOUL, South Korea (AP) — The Latest on the tensions on the Korean Peninsula (all times local): __ 4:10 p.m. South Korea’s presidential office says the security chiefs for Seoul and Washington have spoken following North Korea’s sixth nuclear test. The office says U.S. National Security Adviser H.R. McMaster spoke with his South Korean counterpart, […]




Continue reading