Oil steadies as hopes of easing trade tensions lend support
Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible...
Wall Street treads water after three-day winning streak as financials weigh
U.S. stocks were little changed on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial shares, offsetting a boost from Home...
Home Depot beats quarterly profit estimates, warns of tariff impact
Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact...
Kohl’s cuts 2019 margin forecast on tariffs, first half promotions cost
Kohl’s Corp forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings, because of the cost of more aggressive promotions in the first...
Ex-Republican senator: Facebook has ‘significant work’ to address conservatives’ concerns
A year-long review by a former Republican U.S. senator concludes that Facebook Inc has “significant work to be done to satisfy” concerns on the political...
On Apple Card launch day, Goldman CEO says card is ‘a beginning’: memo
Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has...
Hedge fund manager Kyle Bass sees ‘shallow recession’ potentially in 2020: CNBC
Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a “shallow recession” potentially in 2020, also adding that he thinks U.S. interest...
U.S. regulators finalize changes easing post-crisis ‘Volcker Rule’
Two U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own...
Exclusive: Cigna seeks sale of group benefits insurance business – sources
U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion,...
Former GOP senator: Facebook has ‘significant work’ to address conservatives concerns
A year-long review by a former Republican U.S. senator says Facebook Inc has “significant work to be done to satisfy” concerns from conservatives that believe...