By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be close to finding a floor. The report from the National Association of Realtors on Friday also showed the median house price increasing at the …
U.S. home sales drop to 12-year low; price growth cools Read More »
By Marco Aquino LIMA (Reuters) -Thousands of protesters in Peru, many from the country’s heavily indigenous south, descended on Lima, the capital, on Thursday, angered by a mounting death toll since unrest erupted last month and calling for sweeping change. Police estimated the march at around 3,500 people, but others speculated it attracted more than …
Thousands march on Peru’s capital as unrest spreads, building set ablaze Read More »
By Chuck Mikolajczak (Reuters) – U.S. stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped a three-session losing streak and the Nasdaq rose more than 2%, as quarterly earnings helped lift Netflix, while Google parent Alphabet climbed after announcing job cuts. Shares of Netflix Inc jumped 8.46% as the streaming …
Wall Street rallies to end higher on Alphabet, Netflix lift Read More »
By Gabriella Borter WASHINGTON (Reuters) – Thousands of abortion opponents rallied in Washington on Friday for the 50th annual “March for Life,” marking a new chapter for a movement that has organized for decades around overturning Roe v. Wade, the landmark ruling that recognized a women’s right to an abortion. With that ruling now thrown …
Abortion opponents call for stricter bans at first post-Roe Washington march Read More »
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic reality”, it said in a staff memo, doubling down on artificial intelligence (AI) and axing staff who support experimental projects. The job cuts affect 6% of its workforce, and follows thousands of layoffs at tech …
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI Read More »
By Jeff Mason and Steve Gorman APTOS, Calif. (Reuters) -U.S. President Joe Biden stressed global warming’s role in natural disasters on Thursday as he toured parts of California after three weeks of deadly “atmospheric river” storms inflicted floods and mudslides on a state long plagued by drought and wildfires. “If anybody doubts that the climate …
Biden highlights climate change as he tours California areas lashed by storms Read More »
LONDON (Reuters) -Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in response to China’s easing of its COVID-19 restrictions on activity, data on Friday from BofA Global Research showed. The sudden shift in Chinese policy has boosted many different asset classes, from commodities and mining stocks …
China reopening spurs record inflows into emerging market funds -BofA Read More »
By Liz Lee and Alessandro Diviggiano BEIJING (Reuters) -People across China crowded into trains and buses for one of its busiest days of travel in years on Friday, feeding fears of new surges in a raging COVID-19 outbreak that officials say has hit its peak. In comments reported by state media late Thursday, Vice Premier …
China plays down COVID outbreak with holiday rush at full tilt Read More »
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on Friday, but the buck ended higher and still logged the biggest weekly gain since early December, as the Japanese currency remained on the defensive after the Bank of Japan governor repeated that the central bank …
Dollar ends up vs yen, as super easy BOJ policy seems here for a while Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a jump in Netflix and Alphabet shares, while the U.S. dollar had its biggest daily percentage gain against the yen in about two weeks as the Bank of Japan governor repeated the central bank will maintain …
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks Read More »
