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Indonesia to Extend Restrictions as Covid Cases Remain High White House Shifts Messaging on Inflation as Republicans Attack Traders Seek Growth in Emerging Markets as Recovery Angst Builds Fed’s MBS Buying High on Agenda as Officials Begin Taper Talk Bitcoin’s Corporate Diehards Face Earnings Reckoning After Slump Sri Lanka to Repay $1 Billion Bond, Ending Default Threat Qatar’s Foreign Minister in Tehran for Talks With Iran’s Zarif China-Listed Tutoring Firms Evaluate Impact From New Regulations Hedge Funds Back Away From Binance on Regulatory Risks, FT Says Mozambique to...

Global ETFs Strengthen as Investors Look to the Recovery, Earnings July 12, 2021 Global markets and stock exchange traded funds pushed to a new record on Monday as investors gauged the economic recovery outlook against the spreading coronavirus Delta variant and looked toward the upcoming earnings season. The earnings season is poised to kick off this week. The equity markets have risen sharply over the past year on expectations that corporate profits would rebound once the pandemic ends. Without strong corporate profits, it will be harder to justify these lofty stock prices and record mark...

Effects of Brexit difficult to quantify as COVID-19 muddying the waters John Roe said stimulus associated with the pandemic makes it hard to find underlying trends. Five years on from the U.K.'s referendum vote to leave the European Union, money managers are still searching for data to quantify its hits to the U.K. economy. That's not because there is no data — markets have continued to operate, trade is still happening and statistics are still published by official entities — but rather because such data has been distorted by a much bigger concern: COVID-19. While the U.K.'s decision to ...

Provided by Dow Jones By Anna Hirtenstein U.S. stock futures edged up Wednesday, pointing to tepid gains at the open led by technology stocks. Futures tied to the S&P 500 ticked less than 0.1% higher. On Tuesday, it ground up for its third-highest close on record. Nasdaq-100 futures edged up 0.2%, suggesting muted gains for technology stocks after the opening bell. The S&P has been subdued for much of the last two weeks as investors weigh the reopening of the economy with rising inflation and supply chain concerns. The onset of summer months and the pandem...

(Photo: Flickr Commons/Joe Gratz) A judge has issued a decree banning a Christian Texas judge from opening his courtroom proceedings in prayer, providing a legal victory to a prominent secular legal organization.  The Freedom from Religion Foundation, a Wisconsin-based nonprofit established to promote a strict separation of church and state, won a challenge to prohibit Judge Wayne Mack, a justice of the peace from an area north of Houston in Montgomery County, from opening his courtroom with non-mandatory chaplain-led prayer.  U.S. District Judge Kenneth Hoyt ruled on May 21 in favor of FRF...