Fed officials face weak inflation, but split over what it means
U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close”...
Soft U.S. factory activity darkens economic outlook
U.S. manufacturing activity barely grew in early June and the service sector cooled, signs that President Donald Trump’s trade war with China could be weighing...
Wall St. Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente
All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week as investors are desperate for any signs of a...
S&P 500 hits fresh record high as Pence sparks trade optimism
The S&P 500 hit a new all-time high on Friday, as U.S. Vice President Mike Pence’s decision to defer a planned speech on China policy...
U.S. markets regulators reach deal on Dodd-Frank swaps capital rules
U.S. markets regulators on Friday unveiled an agreement on how much capital and margin firms must hold when trading swaps based on securities, finalizing a...
Two Fed policymakers sound inflation alarm, call for rate cuts
Two U.S. central bankers on Friday sounded the alarm on sluggish U.S. inflation and called for immediate action in response, in what amounted to a...
Brent oil up 5% this week on fears of U.S.-Iran conflict
Brent oil rallied above $65 per barrel on Friday and was on track for a 5% gain this week on fears of a U.S. military...
Futures slip after strong rally as Iran tensions rise
U.S. stock index futures dipped on Friday, after a strong rally in the prior session that helped the S&P 500 hit a record high, as...
Brent oil up 6% in one week on fears of U.S. attack on Iran
Brent oil rallied above $65 per barrel and was set to notch up a 6% gain this week on fears of a U.S. military attack...
Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency
Apple Inc supplier Foxconn chose chip-unit boss Liu Young-way as chairman on Friday to succeed Terry Gou, who is preparing to contest Taiwan’s presidential elections...