Fed's Kashkari Renews Warning About Yield-Curve Flattening
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Federal Reserve Bank of Minneapolis President Neel Kashkari said a tug of war between the views of central bankers and investors has created an ominous economic signal in the bond market.
Canada Outlook Shifts, As Currency and Bond Yields Jump
The Canadian dollar is trading near three-month highs, as the country's growing economy, thriving labor market and rising prices for one of its key commodities have boosted the outlook for its currency.
Agriculture Firms Warn of Unintended Impact of Tax Law
A provision in the new tax law allows farmers to deduct up to 20% of their total sales to cooperatives, allowing some farmers to reduce their taxable income to zero and prompting some agriculture firms to cry foul.
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Trump Gets a Reality Check on Deregulation
The impetus behind the Federal Energy Regulatory Commission's move to quash a move that would have kept some struggling coal and nuclear plants running may have been the opposition from the coalition of natural gas, oil and alternative-energy producers
Jamie Dimon: I 'Regret' Calling Bitcoin a Fraud
JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is softening his stance on bitcoin.
Investors Prepare for Inflation
Investors are grappling anew with whether improving economic data will finally translate to higher inflation, after a month-long decline in government-bond prices carried the yield on the 10-year U.S. Treasury note to a close above 2.5% for the first time since March.
Trump Says Drilling Won't Be Allowed Off Florida Coast
The Trump administration promised Florida that there would be no new oil and gas drilling off the state's coast, backtracking on new plans for offshore drilling all around the U.S. and bowing to pressure from fellow Republicans in the state.
Banks, Health-Care Shares Push U.S. Stocks Higher
Rising shares of banks and health-care companies pushed the S&P 500 higher Tuesday, giving the broad index its best start to a year in more than half a century.
Oil Prices Hit Three-Year Highs on Growth, Geopolitics
Oil prices closed at fresh three-year highs Tuesday, as geopolitical risk and confidence in global growth continued to buoy markets.
Switzerland's Central Bank Made $55 Billion Last Year-More Than Apple
Switzerland's central bank said it expects to make a record profit of $55.2 billion in 2017, citing higher global equity and bond prices as well as a weaker Swiss franc.
(END) Dow Jones Newswires
January 09, 2018 21:15 ET (02:15 GMT)