By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week. The…

FRANKFURT (Reuters) – European Central Bank policymakers began this week a debate on evening out the “corridor” between the ECB’s three interest rates, in a first step towards an era in which money is scarcer, five sources told Reuters. The change, which was parked for now and is also unlikely…

Travelers’ stock (NYSE: TRV) has lost 6% YTD, as compared to the 15% rise in the S&P500 index over the same period. Further, it is currently trading at around $176 per share, which is 11% below its fair value of $197 – Trefis’ estimate for Travelers’ valuation. The insurance giant…

Federal Reserve Chair Jerome Powell begins two days of hearings before Congress on Wednesday. Powell’s appearance comes after last week’s policy meeting in which the Fed paused its rate hike run for the first time in 11 meetings.The 18 members of its policy committee predicted two more interest rate hikes…

A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic.A statement from the U.S. Coast Guard did not elaborate on what rescuers believed the noises…

LONDON — U.K. inflation came in hotter than expected in May, as consumer prices rose by an annual 8.7%, unchanged from the previous month.Economists polled by Reuters had projected an annual rise in the headline consumer price index (CPI) of 8.4%.On a monthly basis, headline CPI increased by 0.7%, while…

Tesla CEO Elon Musk said Tuesday the company is looking to invest in India “as soon as humanly possible,” following a meeting with Indian Prime Minister Narendra Modi in New York. “[Modi] really cares about India because he’s pushing us to make significant investments in India, which is something we…

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A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.The firm operates the malls L’Heure Tranquille…

Introduction Some investors prefer investing in dividend funds as they seem to provide better yield and may even provide better downside protection than the broader market. Is this really the case? In this article, we will analyze WisdomTree U.S. LargeCap Dividend ETF (NYSEARCA:DLN) and provide our insights and recommendations. ETF…