May 17, 2022
Wall Street ends sharply higher, fueled by Apple

By Noel Randewich and Amruta Khandekar (Reuters) - Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten of the 11…

May 17, 2022
Dollar slips as risk appetite returns

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the…

May 14, 2022
Israeli police beat mourners at funeral of slain Palestinian journalist

JERUSALEM (Reuters) -Israeli police officers charged at Palestinian mourners carrying the coffin of Al Jazeera journalist Shireen Abu Akleh on Friday, before thousands led her casket through Jerusalem's Old City in an outpouring of grief and anger over her killing.…

May 13, 2022
World equities rise on bounce in U.S., European markets

By Elizabeth Dilts Marshall NEW YORK (Reuters) - Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas prices. Global markets and U.S.…

May 13, 2022
Wall Street rallies, weekly losing streak continues

By Stephen Culp NEW YORK (Reuters) - Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the…

May 13, 2022
Biden says baby formula shortage to ease in weeks as U.S. imports more

By Doina Chiacu and Susan Heavey WASHINGTON (Reuters) -The U.S. baby formula shortage should improve dramatically in coming weeks, President Joe Biden and top officials said on Friday as the administration scrambled to reverse a shortfall that hits lower-income Americans…

May 13, 2022
Oil jumps 4% as U.S. gasoline prices hit record high

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans…

May 13, 2022
Crypto exchange FTX CEO reveals stake in trading app Robinhood

By Greg Roumeliotis and Hannah Lang (Reuters) -Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets Inc on Thursday, capitalizing on the weakness of the shares of the trading app to…