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Stock Futures Slip Ahead of Economic Data

U.S. stock futures edged down ahead of economic data and after the Reserve Bank of Australia spooked investors with a bigger-than-expected interest-rate increase.

Jun. 7, 2022 at 5:46 a.m. ET by Anna Hirtenstein

Companies Keep Libor on the Books Despite Push to New Benchmark

Companies are hanging onto the London interbank offered rate for existing loans and derivatives despite a push from regulators to abandon the troubled interest-rate benchmark, whose demise is about a year away.

Jun. 7, 2022 at 5:30 a.m. ET by Mark Maurer

Yellen to Face Inflation Questions From Lawmakers

The Treasury secretary will appear in front of lawmakers this week as she and the Biden administration face scrutiny over high inflation and how they have addressed it.

Jun. 7, 2022 at 5:30 a.m. ET by Andrew Duehren

Senators to Propose Cryptocurrency Bill

The regulatory framework would spare much of the crypto market from Securities and Exchange Commission oversight and create favorable tax treatment.

Jun. 7, 2022 at 5:00 a.m. ET by Paul Kiernan

Brazilian Navy Searches for Missing British Journalist in Amazon

Dom Phillips, who is writing a book about the Amazon, was last seen with indigenous expert Bruno Pereira Sunday morning in the Javari Valley, a vast territory plagued by illegal logging, mining and poaching.

Jun. 6, 2022 at 10:13 p.m. ET by Luciana Magalhaes

Proud Boys Ex-Leader Charged With Seditious Conspiracy

A grand jury has indicted a former leader of the far-right group and four other onetime members on a rarely used charge in connection with the Jan. 6 Capitol riot by Trump supporters.

Jun. 6, 2022 at 9:26 p.m. ET by Sadie Gurman

JetBlue Sweetens Bid for Spirit Airlines

JetBlue raised a breakup fee it would pay to $350 million and pledged to prepay some of that as a cash dividend as its effort to wrest Spirit Airlines from its planned merger with Frontier enters the final stretch.

Jun. 6, 2022 at 8:43 p.m. ET by Alison Sider

Source: Marketwatch

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