Wall Street turns higher as services data lifts hopes of Fed rate cut
U.S. stocks turned positive in choppy trading on Thursday as U.S. services sector activity slowed to a three-year low, raising expectations of another interest rate...
Advertising blitz, sugar-free Gatorade drive PepsiCo profit beat
PepsiCo Inc benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and...
Oil extends losses to near two-month low as economic gloom weighs
Oil fell more than 1% on Thursday, extending the week’s losses as markets were pressured by concerns about weakening global economic growth and oil demand,...
Trump says Chinese delegation coming to U.S. next week for trade talks
President Donald Trump said on Thursday a delegation from China would come to the United States next week for more trade talks....
Corona maker Constellation hit by pot investment loss
Constellation Brands Inc slid to a loss in the second quarter as the maker of Corona and Modelo beers booked millions of dollars in losses...
Wall Street steady ahead of service sector data
U.S. stocks treaded water on Thursday after losing 3% in the past two sessions on data that pointed to the risk of a slide into...
Oil slips toward $57 as economic gloom weighs
Oil slipped toward $57 a barrel on Thursday, pressured by concerns about weakening global economic growth and oil demand, as well as by signs of...
Wall Street opens flat after sharp slide
U.S. stocks were little changed at open on Thursday after losing 3% in the past two sessions following data that pointed to the risk of...
BlackRock program to test tools to boost saving by individuals
BlackRock Inc has teamed up with Mastercard Inc , United Parcel Service Inc and Etsy Inc among other organizations, to build and test tools to...
U.S. weekly jobless claims rise slightly; layoffs still low
The number of Americans filing applications for unemployment benefits rose marginally last week, suggesting the labor market remains strong even as employers are becoming more...