U.S. Stocks Boosted by Recovering Technology Shares
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A recovery in the shares of technology companies helped lift U.S. stock indexes Tuesday.
Senate Republicans Consider Keeping Elements of ACA Tax Credits
Senate Republicans are considering retaining core elements of the Affordable Care Act's tax subsidies for health insurance in order to preserve restrictions on abortion funding, Senate GOP aides said Tuesday.
Oil Falls After OPEC Says Its Crude Output Picked Up in May
Oil prices turned lower Tuesday after Organization of the Petroleum Exporting Countries said it had produced more crude in May.
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U.S. Producer Prices Flat in May
The producer-price index for final demand, measuring changes in the prices that U.S. companies receive for their goods and services, remained unchanged in May from the prior month, matching economists' expectations, the Labor Department said.
ECB Moves Some Reserves to Yuan From Dollars
The European Central Bank said it switched EUR500 million ($560 million) of its foreign-currency reserves into yuan from U.S. dollars, marking the central bank's first investment in the Chinese currency.
ECB's Smets: Durable Inflation Signal Needed to End Stimulus
The European Central Bank is seeking signs of a durable rise in the eurozone's inflation rate to determine whether it is time to unwind massive monetary stimulus measures, a top policy maker said.
BOC's Poloz Confident 2015 Rate Cuts Have 'Done Their Work'
Bank of Canada Gov. Stephen Poloz in a Canadian Broadcasting Corp. interview said the rate cuts it delivered in 2015 "have done their work, " reinforcing a "hawkish" message the central bank delivered a day earlier that pushed the Canadian dollar upward.
Where Banks Win Big Under the Mnuchin Plan
The Treasury Department's proposals to overhaul financial regulation offer banks, especially the biggest, potentially significant relief when it comes to how much capital they must hold.
Treasury Backs Banks in Debate on Accounting Rule
Department recommends regulators 'carefully review" a new rule making banks book losses on soured loans more quickly
Trump Financial Blueprint Will Help Senators Craft Regulatory Rollback, Lawmaker Says
Senate Banking Committee Chairman Mike Crapo (R., Idaho) on Tuesday said the Trump administration's broad blueprint for rolling back postcrisis rules will help senators craft a bipartisan financial overhaul.
(END) Dow Jones Newswires
June 13, 2017 15:15 ET (19:15 GMT)