Investors retreat from U.S. stock funds as trade war expands
Investors pulled approximately $4.7 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week as concerns about escalating trade wars weighed...
Wall St. gains as weak private jobs data raises rate cut bets
U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were lifted following the weakest pace of private sector...
Fed policymakers promise response if U.S. economy slows
Signs that the economy is losing momentum hung over a Federal Reserve summit for a second straight day as policymakers hinted they would be ready...
Stocks, Treasuries climb on bets for U.S. rate cut
Major world stock markets edged higher and the U.S. Treasuries market resumed its recent rally on Wednesday as investors bet that the U.S. Federal Reserve...
Mexican president hopeful a deal with U.S. on tariffs can be reached
Mexican President Andres Manuel Lopez Obrador said he is “optimistic” that talks in Washington aimed at averting across-the-board tariffs on Mexican exports to the United...
White House adviser says tariffs on Mexican goods may not be needed
White House trade adviser Peter Navarro said on Wednesday a U.S. plan to impose tariffs on Mexican goods may not have to take effect, offering...
Wall Street rises as weak ADP jobs data bolsters rate-cut bets
U.S. stocks gained on Wednesday after data showed that the private sector added fewest jobs in May since 2010, raising the odds that the Federal...
Carnival to stop sailing to Cuba after new travel restrictions
Carnival Corp said on Wednesday its cruises will no longer sail to Cuba following the Trump administration’s ban on U.S. travel to the Caribbean island....
Wall Street opens higher for second day on rate cut hopes
U.S. stocks rose at the open on Wednesday after a report showed smallest monthly private jobs growth in May since 2010, raising bets that the...
Futures pare gains after big miss on private job adds
U.S. stock index futures pared gains on Wednesday after data showed that the private sector in May added fewest jobs since 2010, but expectations that...