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Stocks dip, dollar falls as Fed decision looms

GLOBAL MARKETS-Stocks dip, dollar falls as Fed decision looms ADP employment softer than expected All eyes on Fed announcement Updates to open of U.S. markets, changes byline, dateline; previous LONDON By Chuck Mikolajczak NEW YORK, Feb 1 (Reuters) - A gauge of global stocks dipped on Wednesday while the U.S. dollar and Treasury yields fell after economic data showed signs of a softening labor market and boosted hopes a pause to the Federal Reserve's interest rate-hiking cycle could be on the ho
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Biden moves to slash U.S. credit card fees, app charges

UPDATE 2-Biden moves to slash U.S. credit card fees, app charges Updates with official announcement By Douglas Gillison and David Shepardson WASHINGTON, Feb 1 (Reuters) - The White House on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc AAPL.O and Google parent Alphabet Inc GOOGL.O charge on mobile app stores.
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Snap's earnings may hold positive news for Meta, Google

UPDATE 2-Snap's earnings may hold positive news for Meta, Google Updates share movement after market open By Sheila Dang and Nivedita Balu Feb 1 (Reuters) - A rise in a key advertising metric for Snap Inc SNAP.N that reported an otherwise insipid quarter could bode well for Facebook owner Meta Platforms META.O and Alphabet GOOGL.O , analysts said on Wednesday.
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Apple distributor Redington's Q3 profit falls as costs outpace topline growth

Apple distributor Redington's Q3 profit falls as costs outpace topline growth CHENNAI, Feb 1 (Reuters) - Redington (India) Ltd REDI.NS , the country's biggest Apple and IT products distributor, reported a 2% fall in third-quarter profit on Wednesday, as ballooning expenses countered record revenue. For Redington, which distributes electronic products made by Apple AAPL.O and Dell DELL.N among others, consolidated profit slipped to 3.8 billion rupees ($46.4 million) for the quarter ended Dec.
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Snap's earnings may hold positive news for Meta, Google -analysts

Snap's earnings may hold positive news for Meta, Google -analysts By Sheila Dang and Nivedita Balu Jan 31 (Reuters) - Snap Inc SNAP.N blamed a poor economy and increased competition for its ho-hum quarterly earnings, but a rise in the key ad metric could mean good news for Facebook owner Meta Platforms META.O and Alphabet GOOGL.O , analysts said on Wednesday.
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