Author: super@dmin

S&P 500 futures pare early sharp losses as traders note market may be oversold after falling to near 6-week low on company earnings fears.

The Bank of Japan said Tuesday that the 10-year Japanese government bond yield could now move freely between -0.5% and 0.5%, wider than the previous range of between -0.25% and 0.25%.

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The Bank of Japan made a surprise decision to let a benchmark interest rate rise to 0.5% from 0.25%, pushing the yen higher and ending a long period in which it was the only major central bank not to increase rates.

The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies. 

“Avatar: The Way of Water” couldn’t reverse Walt Disney Co.’s recent stock funk.

Hours after Twitter voters said he should step down from leading the company, Elon Musk late Monday indicated he would restrict who could vote in policy-related Twitter polls.

The Reserve Bank of Australia could return to larger interest-rate increases in 2023 if inflation continues to stubbornly resists attempts to tame it.

Online retailing giant Amazon.com Inc.’s cloud-computing unit was awarded a five-year contract with the Navy valued at roughly $723.9 million.

Vice Media is expecting to miss a 2022 revenue goal by more than $100 million, according to people familiar with the situation, a blow for the new-media company as it pursues a sale.