Ukraine’s offensive against pro- Russian separatists may have escalated the conflict to the point where NATO could be compelled to mount a stronger show of force to deter any Russian moves beyond eastern Ukraine.
Two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts’ super- political action committee as it works to elect Republicans to the Senate and House, according to a U.S. Federal Election Commission report.
Emerging-market stocks dropped the most in a month after data showed a decline in Chinese lending and the weakest money-supply expansion on record, adding to concern about a slowdown in the world’s second-largest economy.
The dollar rose for a third day as tension in Ukraine prompted traders to seek refuge in the world’s reserve currency and on speculation Japan may be moving closer to starting another round of economic stimulus.
U.S. stocks climbed for a second day as optimism grew over corporate earnings and the Nasdaq Composite Index rebounded after falling near its average level for the past 200 days. Treasuries rose amid increasing tensions in Ukraine, while emerging markets slumped on signs China’s economy is slowing.
Ukraine unleashed an offensive to dislodge militants from cities in the eastern Donetsk region as authorities in the capital Kiev said Russian special forces were identified among the anti-government groups.
Iran filed a complaint to United Nations Secretary-General Ban Ki-moon expressing “serious concern” over the Obama administration’s refusal to grant a visa to an Iranian diplomat tied to the 1979 takeover of the U.S. embassy in Tehran.
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.