By Rae Wee SINGAPORE (Reuters) – The battered yen languished near the 160 per dollar level on Tuesday and kept traders on high alert for any intervention from Japanese authorities to prop up the currency, while the greenback edged a touch higher in the broader market. Bitcoin was nursing losses after clocking its worst day […]
Tag: flirts
Dow flirts with 40k, China fights homes bust
A look at the day ahead in U.S. and global markets from Mike Dolan After a week of worldwide stock market records, Friday seems set for a breather – with attention switching to the deepening Chinese housing bust and sweeping government plans to stop the rot there. Thursday’s saw the blue-chip Dow Jones briefly top […]
Congress once again flirts with a government shutdown. Here’s why it keeps happening.
For the fifth time in seven months, Congress flirted on Friday with a partial government shutdown. With roughly 12 hours before a midnight deadline to fully fund the government, the , sending the measure to the Senate for a Friday evening vote. If the deadline lapses, a partial government shutdown could affect tax filing season, […]