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☆ U.S. stocks extend rally, Treasury yields dip on solid earnings, economic data
▼ + stars: | 2022-10-18 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

REUTERS/Brendan McDermidNEW YORK, Oct 18 (Reuters) - U.S. stocks surged and Treasury yields eased as earnings surprised to the upside and robust factory data fueled investors' risk appetite. The pan-European STOXX 600 index (.STOXX) rose 0.67% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.23%. Emerging market stocks rose 1.40%. Treasury yields slid, echoing moves in UK and European bonds, as moves by the British government to stabilize its bond market have helped calm anxieties. read moreThe dollar index rose 0.22%, with the euro down 0.08% to $0.983.

☆ Wall Street ends sharply higher, dollar dips on UK U-turn, strong earnings
▼ + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. All three major U.S. stock indexes rallied to end the session 1.9% to 3.4% higher while and the dollar lost ground against a basket of world currencies. "The catalysts that have triggered in the markets year-to-date are well-known," said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. The pan-European STOXX 600 index (.STOXX) rose 1.83% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 2.09%. Emerging market stocks rose 0.32%.

☆ U.S. stocks surge, dollar dips on solid earnings, UK policy U-turn
▼ + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. A broad-based rally sent all three major U.S. stock indexes sharply higher, while Treasury yields eased and the dollar lost ground. European stocks closed sharply higher on the UK's financial policy reversal. Emerging market stocks rose 0.37%. The euro and sterling gained strength following Hunt's announced policy reversal, causing the greenback to lose ground against a basket of major world currencies.

☆ Wall Street rallies, dollar dips on solid earnings, UK policy U-turn
▼ + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. "More and more economists are embracing recession," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "Usually when the market has discounted everything - and I believe it has - usually (the last months of the year) are positive for the stock market." Emerging market stocks rose 0.42%. Treasury prices rose, tracking similar moves in the UK bond market, pushing benchmark Treasury yields lower for the first time in three days.

☆ How a rusted '60s Beetle is restored and customized
▼ + stars: | 2022-09-22 | by ( Melissa Estrada | ) www.businessinsider.com time to read: +7 min

Cate Culp: So today, we're going to be looking at Paisley, it's a 1960 Euro beetle and this car was built for our charity beetle promotion. Cate: Once it comes back from blast, we make a sort of a full list of the amount of metal work that needs to be done so any replacement panels that we need to purchase to go into metal work. So there was a bit of a bit of a process trying to work out how to engineer that. I think I bring a lot of that into the design work of the cars that we build. But at the end of the day, they're still a beetle, and they still have that same energy.

☆ Delta Looks to Improve Margins, Cut Debt as Travel Rebounds
▼ + stars: | 2022-09-19 | by ( Nina Trentmann | ) www.wsj.com time to read: +8 min

September has been off to a good start, Mr. Janki said at a conference last week. Consumer demand remains strong and corporate travel—an important income generator for Delta before the pandemic—is recovering, Mr. Janki said. “We are keenly focused on continuing to strengthen the balance sheet and drive debt down,” Mr. Janki said. Adjusted net debt stood at $19.6 billion at the end of the second quarter, Delta said. Mr. Janki wants his 600-people strong finance team to rely more on data and improve its systems, including streamlining information in the cloud.

☆ Factbox: One last test for Trump's U.S. midterm election endorsements
▼ + stars: | 2022-05-01 | by ( ) www.reuters.com time to read: +8 min

But because neither candidate won 50% of the vote, they face off again on Tuesday in a run-off election. Following Trump's endorsement, he surged in opinion polls and easily defeated former North Carolina Governor Pat McCrory in the May 17 primary. David Perdue* Went up against Georgia's incumbent Republican Governor Brian KempDespite Trump's endorsement, former U.S. Senator David Perdue did not come close to upsetting Georgia's incumbent Republican Governor Brian Kemp in the party's nomination contest. Kemp, who had angered Trump by dismissing the former president's false statements about election fraud in the 2020 presidential contest, won his re-election bid against Democrat Stacey Abrams.

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