Asia stocks take heart in stimulus speculation
Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive...
CFTC says Kraft, Mondelez to pay $16 million in wheat price manipulation case
The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will have to pay $16 million in penalty...
Facebook failed to warn users of known risks before 2018 breach: court filing
Facebook users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its...
Ackman eyes more gains for his fund with help of Berkshire, others
Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns, and he expects that...
Trump says China talks ‘productive’; Beijing vows tariff retaliation
U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite...
‘Crazy inverted yield curve’ vexes Fed, with no clear resolution
Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt....
SoftBank convertible note helped cut WeWork losses
Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a...
Ackman confident portfolio can keep delivering strong returns: letter
Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns and that he expects...
Stocks waver, dollar recovers on renewed growth worries
The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism...
S&P, Dow rise as U.S. retail sales data counters recession fears
The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears and simmering U.S.-China...