Trump wants weaker dollar but it could be a hard sell
President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match what he says are efforts by other countries to...
Goldman Sachs’ equities-backed earnings results may face pressure
Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable,...
Wall Street rises as Fed’s Williams cements rate-cut expectations
U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest...
Stocks gain on Fed rate cut optimism; oil drops
A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for...
Boeing takes $4.9 billion charge related to 737 MAX
Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions from the grounding of...
Union Pacific cost cuts sheltered profit amid freight slowdown
Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to...
Wall Street rises as Fed’s Williams bolsters rate-cut hopes
U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate...
Oil falls about 2.5% as U.S. Gulf production returns
Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in...
BMW picks Oliver Zipse as new CEO
BMW said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to...
U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source
The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell...