Investors book profits from U.S.-based equity funds ahead of Fed meeting
U.S.-based equity funds posted more than $8.4 billion of cash withdrawals in the week ended Wednesday, following two weeks of inflows, according to Refinitiv’s Lipper....
As Boeing targets October, FAA official says no timeline for 737 MAX
The U.S. Federal Aviation Administration distanced itself on Thursday from suggestions by Boeing that its grounded 737 MAX could resume flying passengers in October, saying...
U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid
The U.S. government will pay American farmers between $15 to $150 per acre starting from mid- to late-August, Department of Agriculture officials said on Thursday,...
Wall Street recedes from record high following weak results, Draghi
Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central...
Oil climbs on Iran tensions, U.S. inventory decline
Oil prices edged higher on Thursday supported by rising tensions between the West and Iran and a big decline in U.S. crude stockpiles, but gains...
ISS backs Icahn’s call for more shareholder say after Anadarko deal
Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum Corp shareholders to ask management to let them weigh in on board and governance...
Equities drop, bond yields rise on ECB statement, mixed earnings
U.S. stocks backed off record highs and bond yields rose following mixed earnings and rosier-than-expected economic sentiment from the European Central Bank’s governor....
No timeline for Boeing 737 MAX return to service: FAA official
The U.S. Federal Aviation Administration distanced itself on Thursday from suggestions by Boeing that its grounded 737 MAX could resume flying passengers in October, saying...
Wall St declines on weak earnings reports, ECB statement
U.S. stocks slid on Thursday after a handful of downbeat earnings pointed to a slowing global economy and as European Central Bank chief Mario Draghi’s...
U.S. business investment stabilizing, economy slowing
New orders for key U.S.-made capital goods surged in June, suggesting some improvement in business investment, but economic growth is still expected to have slowed...