NEW YORK, May 10 (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowing economic growth. US Treasuries rallied, with the yield on the benchmark 10-year note […]
Tag: Asia
May 9 (Reuters) – Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm – a deal that values it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction. Grindr said its existing shareholders would own 78% of the […]
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Dollar choppy with inflation data on deck
NEW YORK, May 10 (Reuters) – The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a two-decade high ahead of a key reading on inflation that could provide insight on the path of Federal Reserve monetary policy . Investors were in a risk-on mood, as the yield on […]