Fed rate-cut signal sends stocks surging, wounds yields, dollar
World stock markets surged on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2%...
Renault will vote to back Nissan’s move to give it boardroom seats
French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan...
S&P 500 hits record intraday high on dovish Fed
The S&P 500 hit a record intraday high soon after the market opened on Thursday as investors took comfort from signs that the Federal Reserve...
Alexa, how can I fly to Mumbai?
When Karan Mehrotra booked a flight from Delhi to Guwahati, he did not go to a travel agent or an airline website....
U.S. labor market on solid footing; manufacturing still slowing
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown...
Airbus demands chance to bid for IAG’s surprise Boeing narrow-body order
Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG which stunned industry executives at this...
Futures power higher on Fed effect
U.S. stock index futures jumped on Thursday after the Federal Reserve indicated that it was ready to cut interest rates as soon as next month...
Fed rate-cut signal sends stocks up, bond yields and dollar down
World stock markets rose on Thursday after the U.S. Federal Reserve signaled it was likely to cut interest rates next month. The dollar fell and...
From T-shirts to ice cream, Kroger pushes house brands in grocery wars
Multicolored, sparkly ice cream is an unlikely battleground in U.S. grocery stores. But Kroger Co believes products like Kroger Best Unicorn Swirl ice cream will...
Deutsche Bank faces FBI investigation for possible money-laundering lapses: source
The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the...