Stock Futures Slip Amid Retail Worries
U.S. stock futures edged down after a profit warning from Target cast a pall over the retail sector and the Reserve Bank of Australia spooked investors with a bigger-than-expected interest-rate increase.
Jun. 7, 2022 at 7:43 a.m. ET by Anna Hirtenstein
Netflix, Blackrock CEOs Among Those Newly Sanctioned by Russia
A handful of prominent American CEOs, including BlackRock’s Larry Fink and the bosses at Delta Air Lines, Netflix and Universal Pictures, have landed on a fresh list of sanctions Russia has imposed in retaliation for blist…
Jun. 7, 2022 at 7:37 a.m. ET by Ann M. Simmons
Japan’s Debt Debate: Is It Heading for a Titanic Crash?
A group within Japan’s ruling party says the nation has room to spend a lot more, while people on the other side of the argument say the country is like the Titanic, heading for a massive iceberg of debt.
Jun. 7, 2022 at 7:15 a.m. ET by Peter Landers
India Shows the Challenge in Firming Up SoftBank
SoftBank’s committed capital in India via its Vision Funds shows how difficult it would be to shore up the Japanese investor’s performance amid a technology bear market.
Jun. 7, 2022 at 7:03 a.m. ET by Laura Forman
Boris Johnson Is No Party for Financial Markets
It isn’t everywhere that the potential ousting of a head of government is celebrated by investors as a step toward political stability. In the case of Britain, they might have a point.
Jun. 7, 2022 at 6:26 a.m. ET by Jon Sindreu
Russia Is Weaponizing Food Supplies, Europe Says
European officials blamed Moscow for a looming global food crisis as Russia’s ongoing blockade of Ukrainian ports threatens the country’s grain exports, while fighting rages in the east.
Jun. 7, 2022 at 6:17 a.m. ET by Isabel Coles
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
Novavax Covid-19 Vaccine Faces FDA Advisers
The outside panel of experts will vote on whether the shot should be authorized, after the agency found it effective but flagged a safety concern.
Jun. 7, 2022 at 5:30 a.m. ET by Liz Essley Whyte
Bayer’s Monsanto Megadeal Finally Shows Promise
The German conglomerate’s stock is up 41% this year as food shortages stoked by Russia’s invasion of Ukraine drive demand for seeds and pesticides to boost global crop production.
Jun. 7, 2022 at 5:30 a.m. ET by Ben Dummett
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
Source: Marketwatch
