U.S. Treasury yields see subdued trade on Monday morning, as investors parse comments from Federal Resere Chairman Jerome Powell during a “60 Minutes” interview and braced for some $370 billion in debt auctions over the coming three weeks.
Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of M&A in the U.S., the company’s chair and chief executive told MarketWatch ahead of the group’s earnings on Monday.
Shares of Alibaba Group Holdings Ltd. surged more than 5% Monday in Hong Kong trading, after the e-commerce giant was fined a record $2.8 billion by China’s antitrust regulator.
Fed Chairman Jerome Powell on Sunday said “it will be a while” before the conditions are in place for the central bank to tap the brakes to try to cool the economy off.
In an interview with “CBS Sunday Morning,” the Ohio Republican, who resigned from Congress in 2015 amid a GOP power struggle, said the rise of Republican idealogues has changed the party — and the country — for the worse.