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Updated: 38 min 11 sec ago

Wall Street slightly lower as Citi results weigh on bank stocks

July 15, 2019 - 1:34pm
Wall Street's three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup's quarterly report were tempered by a rise in healthcare shares.
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Epstein's accusers urge U.S. judge to keep him jailed until sex trafficking trial

July 15, 2019 - 1:23pm
Two women who say they are victims of sexual misconduct by American financier Jeffrey Epstein on Monday urged a U.S. judge to keep him in jail while he awaits trial on charges of sex trafficking dozens of underage girls.
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Republican response muted as Democrats accuse Trump of 'racist' attacks on congresswomen

July 15, 2019 - 1:16pm
Most of U.S. President Donald Trump's fellow Republicans were silent on Monday as he intensified Twitter attacks on four Democratic congresswomen, prompting other Democrats to accuse Trump of racist rhetoric meant to further divide Americans.
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Trump accuses Democratic congresswomen of hating America, says they can leave

July 15, 2019 - 1:15pm
U.S. President Donald Trump on Monday defended his attacks against four Democratic congresswomen, saying he was not concerned if people thought his tweets toward them were racist and accused the U.S. lawmakers of hating America.
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Legal battle over U.S. gerrymandering shifts to North Carolina as trial begins

July 15, 2019 - 12:30pm
North Carolina's state legislative districts were unconstitutionally gerrymandered to entrench Republicans in power and must be thrown out, a lawyer for state Democrats and a good-government advocacy group told a panel of judges on Monday.
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Wall Street treads water as Citi results pressure bank shares

July 15, 2019 - 12:19pm
Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares.
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U.S. prosecutors call Epstein a flight risk as his lawyers seek bail on sex charges

July 15, 2019 - 12:02pm
A U.S. prosecutor on Monday said Jeffrey Epstein, the American financier charged with sex trafficking underage girls, posed an "extraordinary risk of flight" and danger to the community and must remain in jail until his trial.
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UAW head wants union to share in profits of U.S. automakers

July 15, 2019 - 12:00pm
The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious talks for new four-year deals that they want to share in the companies' profits.
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Chinese data supports stocks as U.S. earnings season picks up

July 15, 2019 - 11:56am
A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup's earnings report.
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Facebook official says regulatory concerns to be addressed before Libra launch

July 15, 2019 - 11:40am
Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed.
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Trump sees slowing Chinese growth pressuring Beijing on trade

July 15, 2019 - 11:24am
U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warned that Washington could pile on more pressure as U.S.-China trade talks sputtered along.
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Back to beers for AB InBev after failed Asian float

July 15, 2019 - 11:22am
AB InBev's canceled Asian stock market listing will slow but not derail the world's largest brewer's efforts to cut its debt mountain, delaying future acquisitions and prioritizing its main challenge - selling more beers.
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Bank of England picks World War Two code-breaker Turing for banknotes

July 15, 2019 - 11:20am
Mathematician Alan Turing, whose cracking of a Nazi code helped the Allies to win World War Two but who committed suicide after being convicted for homosexuality, will appear on the Bank of England's new 50-pound banknote, the BoE said on Monday.
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Facebook's Marcus says regulatory concerns to be 'fully addressed' before Libra launch

July 15, 2019 - 11:18am
Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are "fully addressed."
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U.S. prosecutor calls Jeffrey Epstein 'extraordinary' flight risk as judge weighs bail

July 15, 2019 - 11:10am
A U.S. prosecutor on Monday said Jeffrey Epstein, the American financier charged with sex trafficking underage girls, poses an "extraordinary risk of flight" and danger to the community and must remain in jail until his trial.
Categories: news

Trump administration sets new rule to make it harder for immigrants to seek asylum

July 15, 2019 - 11:07am
The Trump administration on Monday said it would take steps to make it more difficult for immigrants arriving on the southern border to seek asylum in the United States, putting the onus on them to ask for shelter in other countries.
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Goldman banker highlights Morgan Stanley's Hong Kong IPO woes

July 15, 2019 - 10:57am
A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC's $9.8 billion initial public offering, according to an internal email seen by Reuters.
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Wall Street flat as Citi results weigh on bank shares

July 15, 2019 - 10:48am
Wall Street's three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins.
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Judge says he will probably decide Thursday on financier Epstein's bail request

July 15, 2019 - 10:22am
A U.S. judge said he will probably decide on Thursday whether Jeffrey Epstein, the American financier charged with sex trafficking underage girls, should be freed from jail and allowed to await trial under house arrest at his Manhattan mansion.
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Wall St. opens at record highs as earnings season kicks off

July 15, 2019 - 10:14am
Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.
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