Boeing delayed fix of defective 737 MAX warning light for three years: U.S. lawmakers
Boeing Co learned that a cockpit warning light on its 737 MAX jetliner was defective in 2017 but decided to defer fixing it until 2020,...
Wall St. rallies on hopes of U.S. rate cut, trade progress
Wall Street’s major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about...
Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally
Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to...
Weak U.S. employment report raises red flag on economy
U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be...
Global stocks rally, and yields, dollar fall; data fans rate cut talk
Major world stock indexes jumped and U.S. Treasury yields tumbled on Friday after a slowdown in U.S. job growth fueled hopes of a U.S. interest...
Stocks rally, U.S. bond yields fall as jobs data fuels rate cut talk
Major world stock indexes rose and U.S. Treasury yields tumbled on Friday after a slowdown in U.S. job growth fueled hopes of a U.S. interest...
Weak U.S. employment report casts pall over economy
U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be...
Wells Fargo to pay customers $386 million over unwanted auto insurance
Wells Fargo & Co will pay at least $386 million to settle class-action claims by customers who said the bank signed them up for auto...
UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth
UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to...
World bonds wave recession flags as future inflation evaporates
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well...