Page 194 - Rep News Today

Some analysts see a disconnect between the Fed's likely path and market expectations.

A surprise drop in unemployment and steady hiring are boosting confidence in the US economy.

The Nasdaq led losses among Wall Street's main indexes on Monday, with technology stocks taking a hit on concerns that the Federal Reserve will continue to hike interest rates after Friday's jobs data indicated a resilient labor market.

Tupperware Brands’ options are looking less airtight. The U.S.-based maker of reusable plastic containers, which chemist Earl Tupper founded in 1946 after taking inspiration from the design of paint can lids, cited “substantial doubt” on Friday about its ability to continue as a going concern, sending its share plummeting 48% on Monday. As with other direct selling companies, it casts doubt over its business model, as well as how speedily it can remake itself as consumer habits shift.

Gold retreated below the key $2,000 level on Monday as the dollar advanced on Friday's strong U.S. jobs numbers, while traders also positioned for inflation readings this week that could influence interest rate hikes.

Vermont Congresswoman Becca Balint says a ruling by a federal judge on the abortion pill mifepristone sets a dangerous precedent.

A look at the day ahead in Asian markets from Jamie McGeever.

Exxon Mobil is poking around in the wrong area. Buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters, according to Breakingivews calculations. These days, however, the bar is higher.

Augur (REP) traded 1.1% higher against the U.S. dollar during the 24 hour period ending at 21:00 PM E.T. on April 8th. Augur has a market cap of $89.03 million and approximately $8.42 million worth of Augur was traded on exchanges in the last 24 hours. One Augur token can now be bought for $8.09 […]

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