Oil prices rise over 4% on positive economic data from China
Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due...
U.S. economy growing modestly as trade war dents activity: Fed
The U.S. economy grew at a modest pace in recent weeks, with manufacturing buffeted by a global slowdown while consumer purchases gave mixed signals on...
U.S. safety agency cites driver error, Tesla Autopilot design in crash report
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc’s Autopilot design as the probable cause of a January 2018 crash...
U.S. trade deficit shrinks; shortfall with China still large
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration’s “America First” agenda, surged to a...
In subtle differences, hints of robust Fed rate-cut debate
With just two weeks to go before their next policy-setting meeting, leading Federal Reserve officials are describing the U.S. economy and what they should do...
Republican, Democratic U.S. lawmakers ask Google to expand copyright protections
A bipartisan group of U.S. lawmakers on Wednesday asked the chief executive of Alphabet’s Google to expand its use of technology that prevents copyright infringement...
Weak sales growth hits American Eagle outlook; shares slide
American Eagle Outfitters Inc forecast disappointing current quarter profit after its same-store sales missed quarterly estimates on Wednesday, hurt by weak demand for warm weather...
New York Fed’s Williams still sees above-trend growth despite risks
New York Federal Reserve President John Williams said on Wednesday he still expects the U.S. economy to expand at an above-trend pace of 2.0%-2.5% in...
Fed’s Williams says will act as appropriate to keep economy on track
New York Federal Reserve President John Williams on Wednesday said he is ready to “act as appropriate” to help America avoid an economic downturn but...
Wall Street rises on strong Chinese data, easing geopolitical concerns
Wall Street’s main indexes rose on Wednesday as fears of a global economic slowdown were calmed by robust economic data from China, while easing tensions...