Bombardier opening new California rail-car assembly site
Canada’s Bombardier is opening a new facility in California that will assemble rail cars for San Francisco’s rapid transit system by year’s end, and potentially...
Dish execs met with DOJ, FCC on T-Mobile, Sprint merger
Dish Network Corp executives met this week with the U.S. Justice Department’s antitrust chief Makan Delrahim and Federal Communications Commission chairman Ajit Pai on the...
Stocks edge lower, gold gains on slowdown, geopolitical fears
Equity markets struggled and safe-haven assets like gold were in demand on Friday as weak Chinese data stoked investor anxieties over a global growth slowdown...
Solid U.S. retail sales offer economy some respite
U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears...
Rising oil prices add to global economic strife
Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth already...
U.S. retail sales rise solidly in May; April data revised up
U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears...
Wall Street to open lower on Broadcom warning, Chinese gloom
Wall Street was set to drop at the open on Friday, as the long-feared hit to global growth from President Donald Trump’s trade war crystallized...
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month....
How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules
As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank’s board. Over the past year,...
U.S. retail sales rise in May; April revised higher
U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears...