No US infrastructure deal, but China focus chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Stephen Guilfoyle in his Market Recon columns warns of the danger of grasping at shadows when dealing with meme stocks, highlights the compression in the yield curve, notes how small-caps stocks have been uncapped and writes about oil's price rising and a big Senate technology innovation bill..GME
Gold prices inched higher on Wednesday, helped by a fall in U.S. bond yields, with investors holding back from making large bets ahead of U.S. inflation data and the European Central Bank policy.
by Michael London | 06/09/2021 2:44 PM
In the wake of Wednesday s infrastructure package breakdown, the Bipartisan Senator group removes tax increases from infrastructure discussions to keep negations active.
President Joe Biden offered Senate Republicans an alternative to the tax hikes he initially proposed to pay for a sweeping infrastructure plan. Part of his attempt to find a bipartisan agreement was based on two sources briefed on the proposal.
In a meeting Wednesday with Sen. Shelley Moore Capito, the lead Republican negotiator, Biden insisted that tax increases pay for most of the plan but signaled he was willing to back a smaller increase than he had initially requested.
U S stocks end lower ahead of inflation report - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.