Oracle quarterly profit beats estimates; shares rise
Oracle Corp beat fourth-quarter revenue and profit estimates on Wednesday, as the business software maker benefited from demand for its on-premise IT, cloud services and...
PG&E completes safety inspection of distribution infrastructure
Electric utility PG&E Corp said on Wednesday it has completed visual inspections of about 99% of its distribution infrastructure to provide additional precautionary measures intended...
Fed sees case for interest rate cuts this year building
The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this...
Wall Street rises as investors cheer Fed rate cut signal
The S&P 500 approached its record high on Wednesday after the Federal Reserve signaled potential U.S. interest rate cuts later this year, reassuring investors worried...
Factbox: Winners and losers in Trump’s trade war with China
U.S. companies in everything from computer chips to tractors have said President Donald Trump’s trade wars, including disputes with Beijing and global steel tariffs, have...
Senior U.S.-China trade negotiators to confer before Trump-Xi G20 meeting
Aiming to jumpstart dormant talks, the top U.S. trade negotiator said on Wednesday he will confer with his Chinese counterpart before next week’s meeting between...
Fed signals interest rate cuts possible later this year
The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this...
U.S. trade representative says he can resolve Democrats’ concerns on North America pact quickly
The top U.S. trade negotiator said on Wednesday he is ready to work with lawmakers “sooner rather than later” to address concerns over a new...
Trans Mountain oil pipeline expansion may start in September
Construction on expanding the Trans Mountain oil pipeline could begin in September, assuming the next regulatory steps go smoothly, the project’s chief executive said on...
Traders bet heavy on Fed rate cuts ahead
Traders of U.S. short-term interest rate futures added to bets that the Federal Reserve will cut interest rates starting next month, after the central bank...