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US: Donald Trump sets up Office of the Former President in Florida

Read more about US: Donald Trump sets up Office of the Former President in Florida on Business Standard. "Today, the 45th President of the United States, Donald J. Trump formally opened the Office of the Former President," the statement said

FOREX-Dollar at one-week highs on safety bid, euro struggles

LONDON, Jan 26 (Reuters) - The dollar climbed to a one-week high against its rivals on Tuesday as doubts over the speed and size of U.S. stimulus discouraged risk-taking ahead of this week’s Federal Reserve policy meeting. Early London trading had a broadly cautious tone, with currencies including the Australian dollar and the euro under selling pressure. The single currency was further weighed down by early signals that the economy may not rebound as strongly this year as predicted. Germany’s Ifo business climate indicator undershot expectations on Monday and an economic surprise index in Europe is hovering near six-week lows.

Wall Street edges up as earnings season gains speed

4 Min Read NEW YORK (Reuters) - The S&P and Nasdaq slipped on Tuesday from record closing levels as investors digested a batch of corporate earnings results, while an expected policy announcement from the Federal Reserve on Wednesday helped to limit moves. 3M Co climbed 3.26% as one of the biggest boosts on the Dow after it benefited from lower costs and demand for disposable respirator masks, hand sanitizers and safety glasses amid a surge in coronavirus infections. Johnson & Johnson also provided a strong lift, up 2.71% as the drugmaker said it expected to report eagerly awaited COVID-19 vaccine data early next week.

S&P 500 scales new high on upbeat corporate earnings

4 Min Read NEW YORK (Reuters) - The S&P and Nasdaq slipped on Tuesday from record closing levels as investors digested a batch of corporate earnings results, while an expected policy announcement from the Federal Reserve on Wednesday helped to limit moves. 3M Co climbed 3.26% as one of the biggest boosts on the Dow after it benefited from lower costs and demand for disposable respirator masks, hand sanitizers and safety glasses amid a surge in coronavirus infections. Johnson & Johnson also provided a strong lift, up 2.71% as the drugmaker said it expected to report eagerly awaited COVID-19 vaccine data early next week.

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