U.S., China look to reset trade relations with signing of Phase 1 deal
U.S. President Donald Trump and Chinese Vice Premier Liu He will sign an initial trade deal on Wednesday that will roll back some tariffs and...
Mexico union threatens Home Depot strike, inspired by USMCA trade deal
Spurred on by labor protections in the new North American trade deal, a top Mexican trade union has accused Home Depot of blocking union activity...
U.S. producer prices tick up as inflation remains benign
U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of...
Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data
Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half...
Oil extends losses after data shows U.S. crude output at record high
Oil prices on Wednesday extended losses, falling to their lowest in over a month, after a U.S. report showed that crude production rose to a...
Citigroup female employees earn 27% less than men
Citigroup’s female employees earn 27% less than male employees on a global median basis, the Wall Street bank said on Wednesday....
Holiday shock for Target as toys, electronics disappoint
Target Corp fell short of its own expectations for holiday season sales on Wednesday, reporting a drop off in online growth and demand for toys...
BlackRock CEO Fink: Investors not ‘overzealous’ on equities despite rally
Even as the stock market enjoyed a sharp rally recently, many of BlackRock’s clients were under-invested in equities and remained heavily oriented towards fixed-income securities,...
BlackRock beats profit estimates as assets swell to record $7.43 trillion
BlackRock Inc , the world’s largest asset manager, beat analysts’ estimates for quarterly profit on Wednesday, helped by strong flows into its exchange-traded fund business...
Kudlow says future tariff relief on China depends on enforcement: CNBC
U.S. tariffs will remain on Chinese imports while the Trump administration sees how enforcement plays out under the Phase 1 trade deal with Beijing, White...