Wall Street retreats as bond market fuels recession fears
U.S. stocks fell on Wednesday, as investors reeling from rising trade tensions fled riskier assets for perceived safer havens and the bond markets signaled a...
GM wins victory in ignition switch defect lawsuits
General Motors Co persuaded the U.S. federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles...
Negative U.S. bond yields may become reality: PIMCO
Investors may have to grapple with the possibility of the once-unthinkable becoming reality – negative U.S. Treasury bond yields, according to money manager Pacific Investment...
Hedge fund investor Tarrant, who bet with Warren Buffett, dies
Investor Jeffrey Tarrant, whose firm Protege Partners backed billionaire managers including William Ackman and Marc Lasry early in their careers and made a bet with...
U.S. government contractors to get first look at Huawei ban today
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications...
Trump says China is ‘killing us with unfair trade deals’
U.S. President Donald Trump on Wednesday said his tough stance on China’s behavior in global markets would ultimately benefit the American economy, even as Beijing...
GM wins victory in ignition switch defect litigation
General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost...
Oil slumps 5% to seven-month low on trade tensions, surprise U.S. stock build
Oil prices tumbled up to 5% on Wednesday to a fresh seven-month low, extending recent heavy losses following an unexpected build in U.S. crude stockpiles...
Wendy’s backs full-year profit target after narrow beat, shares rise
Wendy’s Co stuck to its full-year profit forecast on Wednesday after edging past analysts’ estimates for second quarter in the face of a handful of...
U.S. to release interim rule on Wednesday for first part of Huawei ban for U.S. government contractors
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications...