Exclusive: Fed’s Mester weighing argument for U.S. rate cut
One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such a move now given risks that a U.S.-China...
Yields rise on German fiscal stimulus hopes
Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock...
U.S. judge urges VW, SEC to resolve civil Dieselgate suit
A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its...
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...
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...