Wall Street moves lower on dampened hopes for hefty Fed cut
Wall Street’s main indexes edged lower on Friday after a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point...
Trump: U.S. treasury secretary had ‘very good talk’ with Chinese counterpart
President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good talk with his Chinese counterpart....
Oil climbs as Middle East tensions offset demand worries
Oil prices rose about 1 percent on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran,...
Global stocks up on Fed rate cut hopes, Microsoft results; dollar bounces
A gauge of global stocks climbed on Friday as investors looked for a strongly dovish U.S. Federal Reserve at its next meeting and as early...
U.S. to grant final approval to American Airlines-Qantas joint venture: sources
The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a...
AmEx warns of higher costs as it boosts rewards program, shares fall
American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an...
Cummins makes offer for VW’s large engines unit: sources
United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen’s MAN Energy Solutions unit, people close to the matter said, as the...
Oil steadies as Middle East tensions counter demand worries, set for weekly fall
Oil prices steadied on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran, but weighed by...
Fed rate cut hopes, Microsoft lift stocks; dollar bounces
A gauge of global stocks climbed on Friday as investors expect an aggressively dovish U.S. Federal Reserve at its next meeting and as early returns...
Wall St. edges higher on Microsoft’s beat, rate cut optimism
Wall Street’s main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top...