‘Black Swan’ index flashes yellow: Wall Street is not scared
The options-based Black Swan index may be signaling surging demand from investors for protection against a stock market crash, but Wall Street analysts see little...
Australia tells Facebook and Google to commit to competition rules, or else
Australia said on Thursday technology giants such as Facebook Inc and Google will have to agree to new rules to ensure they do not abuse...
Asian shares climb on dovish Fed, but Brexit hurdle looms
Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signaled rate settings were likely to remain accommodative, but the...
Oil prices stabilize on OPEC supply deficit forecast
Oil prices steadied on Thursday with the market mood switching to relief as OPEC forecast a supply deficit next year, from doom and gloom over...
Asian shares rise as Fed cheer offsets trade, UK angst
Asian stocks edged higher on Thursday after the Federal Reserve signaled rate settings were likely to remain accommodative but the imminent UK election and a...
High-stakes White House meeting expected Thursday to debate U.S.-China tariffs: sources
U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in...
Continental Resources founder Hamm to step down as CEO
Legendary U.S. oilman Harold Hamm, who once called the Organization of the Petroleum Exporting Countries a “toothless tiger,” will step down as chief executive of...
Fed keeps interest rates on hold amid ‘favorable’ economic outlook
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and...
Wall Street posts modest gain as Fed signals rates to hold for some time
Wall Street’s main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are...
Global stocks rise after Fed keeps rates on hold; oil falls
Global equity markets rose on Wednesday after the Federal Reserve indicated interest rates would remain on hold for some time – a positive for risk...