Fed officials kick off 2020 with optimistic view of U.S. economy
Top U.S. Federal Reserve officials struck upbeat tones about the economy on Friday, a confidence reflected in a record of their latest meeting that signaled...
Fed may need new framework to boost inflation to 2%
The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may...
Oil, safe havens surge after U.S. strikes kill Iran commander
Oil prices surged as much as $3 a barrel as gold, the yen and safe-haven bonds all rallied on Friday after the U.S. killing of...
Turkish court formally arrests five suspects over Ghosn’s transit: Anadolu
A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn’s transit...
Wall Street dips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a...
Tesla rally leaves short sellers down $3 billion since 2018
Tesla Inc’s short sellers have suffered $3 billion in losses since the end of 2018, including a $500 million hit on Friday after the electric...
Discounts fuel U.S. pick-up truck sales in a slowing market
U.S. automakers on Friday reported another year of stable sales of pick-up trucks, as discounts during the crucial holiday season and lower interest rates on...
Wall St dips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a...
Fed’s Barkin says it’s time to let rate cuts work through economy
Richmond Federal Reserve bank president Thomas Barkin said on Friday it would take a “substantial” change in the economic outlook for him to support a...
Exxon expects gain from Norway asset sale to boost results
Exxon Mobil Corp expects a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly...