G7 source praises Biden after 'complete chaos' of Trump
CARBIS BAY, England, June 12 - U.S. President Joe Biden brought a sharply different tone to the Group of Seven summit from his predecessor Donald Trump by allowing frank and collaborative discussion of global issues without sowing disruptive chaos, a source with knowledge of the discussions told Reuters."It used to be complete chaos," said the source. "Before, we were on edge the entire, the whole time just trying to keep the G7 intact - and you don't have to worry about that now.". "You can ha
S&P 500 climbs to a new record close, shrugging off inflation fears
The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.The broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about