Fed’s Powell affirms rate cut view; see U.S. economy humming
As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues...
Boeing reshuffles management of grounded 737: memo
Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on...
Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper
U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above...
Colgate to buy skin care business of France’s Filorga for $1.69 billion
Colgate-Palmolive Co said on Thursday it would buy Laboratoires Filorga Cosmétiques’ skin care business for 1.50 billion euros ($1.69 billion)....
World stocks rise as bond yields buoy financials; oil drops
A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street’s benchmark index advance, while oil prices fell on...
Boeing 737 program manager to retire amid crisis over jet’s grounding: memo
Boeing’s 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months on the job, according to a company...
S&P 500, Dow climb as health insurers, financials gain
The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed...
Investors pour $28 billion in money-market funds as S&P hit record high: Lipper
U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above...
Bostic: Fed’s focus is its mandates not market pricing for rate cuts
Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank to make a policy move given a U.S....
As Fed’s Powell affirms rate cut view, others see U.S. economy humming
As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues...