Time to Switch Tracks Again in Canadian Rail Battle Kansas City Southern’s shareholders are headed for an almost ideal outcome of a monthslong bidding war.
US Congress to investigate risks related to Chinese stock market listings on American exchanges An overnight report on an upcoming hearing by a U.S. House of Representatives panel - set for September 22: Info via Reuters, a little more at the link.
FirstFT: Chinese media back expanded regulatory crackdown Chinese state media supports call for Beijing to expand regulatory overhaul, Biden defends Afghanistan exit, Evergrande warns of default risk
Stocks Shake Off Bad News to Rally for Seventh Straight Month With expectations that interest rates will stay down and government spending will stay up, the stock market has learned to live with the pandemic, even as cases increase.The stock market continued its quietly remarkable year in August, posting its seventh straight monthly rise.
BigTech Showing it is Part of the Great Reset Against the People We are getting reports from Australia that Google, YouTube, Fakebook, Instagram, and even Telegram has blocked the truckers communications in Australia. What they are doing in Australia to deny the public the fundamental right to rise up in protest against their government demonstrates that these companies are clearly against the people.
Four Art Gallerists Create LGDR Consortium, Upending Traditional Model Dominique Lévy, Brett Gorvy, Amalia Dayan and Jeanne Greenberg Rohatyn will become LGDR, a one-stop shop for artists and collectors.From left, Amalia Dayan, Dominique L&eacute;vy, Jeanne Greenberg Rohatyn and Brett Gorvy at Rohatyn&rsquo;s gallery, Salon 94.
Forexlive Americas FX news wrap: August is in the books Forex news for North American trading on August 31, 2021. August is in the books. In the forex, the USD was mostly higher (the exception was against the NZD).
Pilots Sue Southwest, Claiming Lack of Bargaining in Covid-19 Response Labor unions have criticized the carrier during this summer’s travel rebound.
S＆amp;P 500 Shines in August but Could Face Headwinds in September. Why? The S&P 500 rises 2.9% in August to mark its seventh consecutive monthly gain, but equities could pull back in September on the prospect of tax hikes and monetary tightening.
Trade ideas thread - Wednesday 1 September 2021 Welcome to the new month and good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Private oil survey data shows large headline draw in crude oil inventory Expectations I had seen for the headline draw centred on -3.1m barrels. Its a larger draw than that:
Preview - Australia GDP data due today, "manufactured recession" to be confirmed? On Wednesday 1 September 2021 at 0130 GMT Australian Q2 2021 economic growth data is due for release I posted a preview earlier: While on the subject of previews, the Reserve Bank of Australia meet next week and I've a couple of very early previews here if you are interested:
Americans Are Stocking Up on Toilet Paper Again P&G has increased production, and some retailers say shipments of paper products are being limited as demand surges. Yet shortages aren’t as bad as last year.
Economic calendar due from Asia today - Australia recession indicator? Up at 0130 GMT is Q2 GDP data from Australia, estimates for this have been lowered, with the risk of negative and hence a recession confirmation, as net exports and inventories are expected to weigh.
US stocks close lower. First decline in the S＆P/Nasdaq in three trading days S&P up for the seventh consecutive months The final numbers are showing:
Social Security is projected to be insolvent a year earlier than previously forecast. Annual government reports on the solvency of the programs underscored the questions about the long-term viability of Social Security and Medicare.A Social Security Administration office in New York City last year.
Bitcoin Support, Ethereum Breaks Out; Solana and Cardano the Focal Points Non-fungible tokens continue to drive moves in the crypto space with Solana jumping by 90% in less than a week.
Left-wing Democrats want Fed chief replaced Alexandria Ocasio-Cortez and other progressives criticise the central bank chief's record on climate change.
Pres. Biden to speak about Afghanistan US fully out of Afghanistan but some Americans remain in the country - 120,000 were evacuated from Afghanistan - 13 heroes gave their lives - We were ready when the Afghanistan security forces collapsed and handed over control to the Taliban
US stocks back in the red as the clock ticks toward the close Record closes in jeopardy The major indices have turned negative as the clock six toward the close. A a snapshot of the market currently shows:
U.S. Treasury says Social Security old-age and survivor insurance trust fund Not good news Social Security and other retirement benefits in the US - U.S. Treasury says Social Security old age and survivors insurance trust fund reserves are expected to be depleted by 2033.