Wall Street loses steam ahead of Fed chair's speech

(Reuters) -The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs ahead of a speech by Federal Reserve Chair Jerome Powell, with investors worried about aggressive interest rate hikes this year.

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21-04-2022

MoneyGram sued by U.S., New York over remittance transfers

NEW YORK (Reuters) -MoneyGram International Inc was sued on Thursday by two regulators for repeatedly violating a federal rule designed to make it easier for people to send money to friends and family outside the United States.

newspaper

21-04-2022

MoneyGram sued by U.S., New York regulators over remittance transfers

NEW YORK (Reuters) -MoneyGram International Inc, one of the largest U.S. providers of remittance transfers, was sued on Thursday by two regulators for repeatedly violating a federal rule designed to make the transfers more transparent and less risky.

newspaper

21-04-2022

Oil rises on worry about supply disruption from Russia, Libya

Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on Russian oil imports while the market continues to deal with reduced supplies from Libya.

newspaper

21-04-2022

AutoNation gets a bumpy ride as investors worry about U.S. consumers

AutoNation Inc and other brick-and-mortar auto dealerships in the United States turned shortages of new and used vehicles to profitable advantage in the first quarter, but the No. 1 U.S. auto retailer's shares were volatile Thursday as analysts questioned the outlook for consumer demand.

newspaper

21-04-2022

Exxon Mobil may completely withdraw from Russia by June 24 - sources

Exxon Mobil is considering a complete withdrawal from Russia by June 24, two sources familiar with plans told Reuters on Thursday, following the U.S. group's earlier decision to exit from its oil and gas operations in the country.

newspaper

21-04-2022

MoneyGram is sued by U.S., New York regulators over remittance transfers

MoneyGram International Inc was sued on Thursday by the U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James for violating a federal rule designed to make remittance transfers more transparent and less risky.

newspaper

21-04-2022

Dow profit beats estimates as demand overpowers rise in costs

Chemicals maker Dow Inc on Thursday beat Wall Street estimates for first-quarter profit as stronger product prices and demand helped it overcome a surge in raw material costs.

newspaper

21-04-2022

Wall St rises on strong earnings from Tesla, airlines

U.S. stocks rose on Thursday as a slew of upbeat earnings from companies including Tesla outweighed concerns about aggressive interest rates hikes that have kept bond yields elevated.

newspaper

21-04-2022