Wall Street jumps on German stimulus hopes
Technology shares led Wall Street’s advance on Friday as a waning bond rally and news of potential German economic stimulus brought buyers back to the...
Tyson recalls nearly 40,000 pounds of Weaver chicken patties
Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no....
Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain
Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data...
PES up against the clock to sell Philadelphia refinery in cash crunch
Finding a buyer for Philadelphia Energy Solutions’ oil refinery has grown urgent as the bankrupt company’s funds dwindle and no signs emerge that it is...
Oil rises alongside equities, but weak OPEC outlook caps gains
Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns....
Dollar firms, stocks soar on ECB rate cut expectations
The dollar strengthened while U.S. and European stocks surged on Friday amid growing expectations the European Central Bank will cut interest rates to stimulate the...
U.S. housing market mired in weakness; consumer sentiment ebbs
U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in...
Wall Street extends gains on German stimulus hope
U.S. stocks rose on Friday and were on track to end a bruising week on a positive note, bolstered by hopes of more stimulus from...
Deere to slash costs after trade war hits earnings
Deere & Co. on Friday announced a review of costs after quarterly profits yet again missed Wall Street’s estimates, hurt by bad weather and the...
Germany’s Nextmove cancels Tesla order, citing quality issues
German car rental firm Nextmove has canceled the bulk of a 100-vehicle order from Tesla worth 5 million euros ($5.54 million) over quality problems with...