Stocks fall, Treasury yield curve flattens after Fed cuts rates but sends mixed signals
U.S. stocks extended their losses and the U.S. Treasury yield curve flattened on Wednesday, after the U.S. Federal Reserve cut interest rates, as expected, but...
Investor Netter pushes FSD to restructure or return cash
Investment manager Donald Netter is stepping up his battle with First Trust High Income Long/Short Fund (FSD) by asking the closed-end fund to restructure or...
Stocks fall after Fed cuts rates but gives mixed signals; dollar up
Wall Street stocks slipped on Wednesday after the U.S. Federal Reserve gave mixed signals about what may happen next after it cut interest rates by...
GM to temporarily lay off 1,200 workers in Canada
General Motors Co said on Wednesday it plans to temporarily lay off about 1,200 workers at its Oshawa assembly plant in Canada, which makes the...
Five ways the Fed’s rate cut could affect consumers
The Federal Reserve’s decision to cut interest rates on Wednesday for the second time this year could have wide-ranging implications for consumers’ wallets....
Fed cuts rates on 7-3 vote, gives mixed signals on next move
The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely...
UTC technology chief Paul Eremenko steps down
The chief technology officer of United Technologies Corp , Paul Eremenko, has stepped down, just under two years after moving to the U.S. conglomerate from...
GM to temporarily lay off 1,300 workers in Canada: CNBC
General Motors Co plans to temporarily lay off 1,300 workers at its final assembly plant in Oshawa, Canada due to a slowdown at United States...
Banker tells German court of ‘vast network’ at center of fraud trial
A banker at the center of a trading scheme German prosecutors say resulted in hundreds of millions of euros of illegitimate tax rebates told a...
U.S. trade groups urge Congress to rein in ‘Tariff Man’ Trump
Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump’s power to unilaterally impose tariffs amid growing...