Trump’s tweets threaten Fed’s independence, push rate expectations lower: study
Interest rate futures traders believe the U.S. Federal Reserve will bow to President Donald Trump’s persistent tweets pressuring the central bank to lower interest rates,...
Stocks sink on dismal euro zone data, dollar gains
The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity...
Wall Street ends flat as mixed economic data fuels caution
U.S. stocks barely budged on Monday, with gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China...
Wall Street near flat as mixed economic data signal caution
U.S. stocks barely budged on Monday, with gains in shares of Apple Inc offset by mixed economic data that added to caution over the prolonged...
Oil rises about 1% on concerns about return of Saudi output
Oil ended about 1% higher on Monday after a volatile trading session as traders focused on when Saudi Arabia would be able to restore full...
Vivendi steps up legal fight after keeping Mediaset stake
Vivendi is taking legal action against Mediaset’s plans to reshape its future after deciding to hold on to its stake in the Italian broadcaster after...
GM-UAW contract talks focus on temp workers
The use of temporary workers is a key bargaining issue in negotiations between General Motors Co and the striking United Auto Workers union over a...
Honda to cease diesel vehicle sales in Europe by 2021
Honda Motor Co Ltd said on Monday it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems, as...
Fed’s Bullard: U.S. policy now ‘considerably’ looser, but markets may demand more
The Federal Reserve’s policy shift since last year has made monetary policy “considerably more accommodative” than a year ago, but world markets are likely expecting...
Fed’s Bullard: U.S.-China trade relations probably had to come to a head
St. Louis Federal Reserve President James Bullard said on Monday it was probably inevitable that the United States and China would clash on trade, given...