Federal Reserve

Dollar steadies Monday, as traders look to global economic health

TOKYO - The dollar steadied against major currencies on Monday as traders looked to more data for a gauge on the health of the global economy and the Federal Reserve’s annual Jackson Hole retreat for guidance on the outlook for U.S. monetary policy.

Mall owner Simon Property sees revenue drop from pandemic

America's largest mall operator Simon Property Group Inc (N:SPG) missed Wall Street estimates for revenue and profit on Monday, hurt by unpaid rent from retailers due to the COVID-19 pandemic that also led to a loss of 10,500 shopping days.