Category: Business

Automated car safety systems get high marks, with asterisk

WASHINGTON — Safety systems to prevent cars from drifting into another lane or that warn drivers of vehicles in their blind spots are beginning to live up to their potential to significantly reduce crashes, according to two studies released Wednesday. At the same time, research by the Insurance Institute for Highway Safety raises concern that

Euro, bond yields rise on buoyant business surveys

LONDON (Reuters) – The European single currency and euro zone government bond yields rose on Wednesday after a survey showed the bloc’s manufacturing businesses clocked up their best month of growth in six-and-a-half years. Forecast-beating surveys in the euro zone’s two biggest economies France and Germany helped pull the euro up against the dollar EUR=D4,

Wall Street rallies on optimism about tax reform

(Reuters) – U.S. stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers’ comments on tax reform and the debt ceiling boosted investor optimism. U.S. House Speaker Paul Ryan told CNN at a town hall on Monday that tax reform would

Wall Street bounces back with gains in tech stocks

(Reuters) – U.S. stocks were higher in early afternoon trading on Tuesday, with all the three major indexes poised for their best one-day percentage gains in more than a week, led by technology stocks. Nine of the 11 major S&P sectors were higher, with the heavyweight tech index .SPLRCT up 1.27 percent, rising for the

Does your travel insurance cover terrorist attacks?

By Haley Osman/ValuePenguin The spate of recent terrorist attacks and attempts across the globe may spur even skeptics of travel insurance into considering a purchase, especially for journeys that include London, Paris and other sites of recent incidents. Here’s a look at how travel insurance — whether from a separate policy or other sources —

European stocks break three-day losing streak

LONDON (Reuters) – European stocks broke a three-day losing streak on Tuesday, building on gains in other markets boosted by signs of a global economic recovery and rising commodity prices. Gains for heavyweight miners boosted European shares after strong commodities prices steadied Asian markets earlier in the session. London copper CMCU3 rose to a three-year

Asian shares ride metals gains, stronger Wall Street

TOKYO (Reuters) – Asian shares rose on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even as investors remained wary ahead of the annual central banking conference in Jackson Hole later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS extended early gains and rose 0.7